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Singular People (FRA:H0U) Cash Conversion Cycle : 21.06 (As of Dec. 2023)


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What is Singular People Cash Conversion Cycle?

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

Singular People's Days Sales Outstanding for the six months ended in Dec. 2023 was 100.47.
Singular People's Days Inventory for the six months ended in Dec. 2023 was 0.
Singular People's Days Payable for the six months ended in Dec. 2023 was 79.41.
Therefore, Singular People's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 21.06.


Singular People Cash Conversion Cycle Historical Data

The historical data trend for Singular People'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.

Singular People Cash Conversion Cycle Chart

Singular People Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial -473.84 -556.76 -642.91 -26.82 17.43

Singular People Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.81 -261.44 100.93 8.71 21.06

Competitive Comparison of Singular People's Cash Conversion Cycle

For the Software - Application subindustry, Singular People'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.


Singular People's Cash Conversion Cycle Distribution in the Software Industry

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

* The bar in red indicates where Singular People's Cash Conversion Cycle falls into.



Singular People 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.

Singular People'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
=96.48+0-79.05
=17.43

Singular People's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=100.47+0-79.41
=21.06

* 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.


Singular People  (FRA:H0U) 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.


Singular People Cash Conversion Cycle Related Terms

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Singular People (FRA:H0U) Business Description

Traded in Other Exchanges
Address
Labastida Street, 1, Madrid, ESP, 28034
Singular People SA is a software company. The company provides solutions to various industries including Energy & Utilities, Financial Services, Healthcare, Manufacturing, Retail, Museums, and Public services.

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