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American International Holdings (American International Holdings) Cash Conversion Cycle : -97.57 (As of Mar. 2023)


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What is American International Holdings Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

American International Holdings's Days Sales Outstanding for the three months ended in Mar. 2023 was 0.
American International Holdings's Days Inventory for the three months ended in Mar. 2023 was 18.25.
American International Holdings's Days Payable for the three months ended in Mar. 2023 was 115.82.
Therefore, American International Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2023 was -97.57.


American International Holdings Cash Conversion Cycle Historical Data

The historical data trend for American International Holdings's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American International Holdings Cash Conversion Cycle Chart

American International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -7.20 - -282.88 -2,311.67

American International Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,157.25 -498.83 -2,965.63 - -97.57

Competitive Comparison of American International Holdings's Cash Conversion Cycle

For the Personal Services subindustry, American International Holdings's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American International Holdings's Cash Conversion Cycle Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, American International Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where American International Holdings's Cash Conversion Cycle falls into.



American International Holdings Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

American International Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+517.08-2828.75
=-2,311.67

American International Holdings's Cash Conversion Cycle for the quarter that ended in Mar. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+18.25-115.82
=-97.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American International Holdings  (OTCPK:AMIH) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


American International Holdings Cash Conversion Cycle Related Terms

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American International Holdings (American International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
205S Bailey Street, Electra, TX, USA, 76360
American International Holdings Corp is a diversified holding company. The firm is engaged in acquiring, managing and operating health, wellness and medical spa/treatment facilities across the United States and abroad.
Executives
Michael David Mclaren director, 10 percent owner, officer: Chief Executive Officer 205 S BAILEY STREET, ELECTRA TX 76360
Gary Giles director 2632 TORREY PINE DRIVE, FORT WORTH TX 76109
Marble Trital Inc. 10 percent owner 90 STATE STREET, SUITE 700, OFFICE 40, ALBANY NY 12207
Kenny Myers director 5101 ADDISON CIRCLE,, UNIT 401,, ADDISON TX 75001
Lorraine Pamela D'alessio director 8200 WILSHIRE BLVD, BEVERLY HILLS, CALIFORNIA CA 90211
Peter Casey Jensen director 1052 MONTE CRISTO, PHOENIX AZ 85022
Jacob D. Cohen director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 2101 GLENDALE DRIVE, PLANO TX 75023
Luis Alan Hernandez director, 10 percent owner, officer: CHIEF MARKETING OFFICER 11222 RICHMOND AVENUE SUITE 195, HOUSTON TX 77082
Esteban Alexander director, 10 percent owner, officer: CHIEF OPERATING OFFICER 11222 RICHMOND AVENUE, SUITE 195, HOUSTON TX 77082
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Stump John W Iii other: Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Sherry Lynne Couturier officer: VP & CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
American International Industries Inc 10 percent owner 601 CIEN ST, SUITE 235, KEMAH TX 77565-2701
Gary D Woerz officer: President and CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565