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Cyberloq Technologies (Cyberloq Technologies) Cash Conversion Cycle : 106.46 (As of Mar. 2024)


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What is Cyberloq Technologies Cash Conversion Cycle?

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

Cyberloq Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 106.46.
Cyberloq Technologies's Days Inventory for the three months ended in Mar. 2024 was 0.
Cyberloq Technologies's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Cyberloq Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 106.46.


Cyberloq Technologies Cash Conversion Cycle Historical Data

The historical data trend for Cyberloq Technologies'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.

Cyberloq Technologies Cash Conversion Cycle Chart

Cyberloq Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.61 730.00 - - 228.13

Cyberloq Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 60.83 106.46

Competitive Comparison of Cyberloq Technologies's Cash Conversion Cycle

For the Software - Infrastructure subindustry, Cyberloq Technologies'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.


Cyberloq Technologies's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Cyberloq Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Cyberloq Technologies's Cash Conversion Cycle falls into.



Cyberloq Technologies 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.

Cyberloq Technologies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=228.13+-
=228.13

Cyberloq Technologies's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=106.46+0-0
=106.46

* 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.


Cyberloq Technologies  (OTCPK:CLOQ) 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.


Cyberloq Technologies Cash Conversion Cycle Related Terms

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Cyberloq Technologies (Cyberloq Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231
Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.
Executives
Edwin Leon Hurst director 218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette director 101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten director, officer: Chief Technical Officer 187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez other: Counsel for ACRT 18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano director, officer: Secretary & Treasurer 740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson officer: CEO 1915 PLAZA DR., SUITE #202, EAGAN MN 55122

Cyberloq Technologies (Cyberloq Technologies) Headlines

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