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IronNet (IronNet) Cash Conversion Cycle : -137.81 (As of Oct. 2023)


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What is IronNet Cash Conversion Cycle?

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

IronNet's Days Sales Outstanding for the three months ended in Oct. 2023 was 30.74.
IronNet's Days Inventory for the three months ended in Oct. 2023 was 41.85.
IronNet's Days Payable for the three months ended in Oct. 2023 was 210.4.
Therefore, IronNet's Cash Conversion Cycle (CCC) for the three months ended in Oct. 2023 was -137.81.


IronNet Cash Conversion Cycle Historical Data

The historical data trend for IronNet'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.

IronNet Cash Conversion Cycle Chart

IronNet Annual Data
Trend Jan21 Jan22 Jan23
Cash Conversion Cycle
33.94 72.53 4.81

IronNet Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.51 -36.80 -109.28 -167.18 -137.81

Competitive Comparison of IronNet's Cash Conversion Cycle

For the Software - Infrastructure subindustry, IronNet'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.


IronNet's Cash Conversion Cycle Distribution in the Software Industry

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

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



IronNet 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.

IronNet's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.91+94.55-125.65
=4.81

IronNet's Cash Conversion Cycle for the quarter that ended in Oct. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=30.74+41.85-210.4
=-137.81

* 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.


IronNet  (OTCPK:IRNTQ) 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.


IronNet Cash Conversion Cycle Related Terms

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IronNet (IronNet) Business Description

Traded in Other Exchanges
N/A
Address
7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102
IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.
Executives
Linda Kay Zecher director, officer: Chief Executive Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser officer: Chief Product Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch director, officer: Co-CEO & Director C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers director C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane director C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander director, officer: Co-CEO, President & Chairman P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc 10 percent owner 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar director C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster officer: Chief Revenue Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb officer: Chief Marketing Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402