Madison Technologies (Madison Technologies) Cash Conversion Cycle : 0.00 (As of Mar. 2023)

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What is Madison Technologies Cash Conversion Cycle?

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

Madison Technologies's Days Sales Outstanding for the three months ended in Mar. 2023 was 0.
Madison Technologies's Days Inventory for the three months ended in Mar. 2023 was 0.
Madison Technologies's Days Payable for the three months ended in Mar. 2023 was 0.
Therefore, Madison Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2023 was 0.00.

Madison Technologies Cash Conversion Cycle Historical Data

The historical data trend for Madison 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.

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Madison Technologies Cash Conversion Cycle Chart

Madison Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash Conversion Cycle

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-8,486.25

-4,988.33

-196.98

Madison Technologies 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															-	24.60	22.11	-	-

Competitive Comparison of Madison Technologies's Cash Conversion Cycle

For the Broadcasting subindustry, Madison 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.

Madison Technologies's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Technologies's Cash Conversion Cycle distribution charts can be found below:

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

Madison 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.

Madison Technologies'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	+	0	-	0
	=	0.00

Madison Technologies'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	+	0	-	0
	=	0.00

Madison Technologies (OTCPK:MDEX) 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.

Madison Technologies Cash Conversion Cycle Related Terms

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Madison Technologies (Madison Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Park Avenue, 30th Floor, New York, NY, USA, 10022

Website

http://www.madisontech.io

Madison Technologies Inc is engaged in the Over-The-Air (OTA) content distribution platform to capitalize on the changing media and distribution landscape and on the growing OTA viewership in the U.S. The over-the-air programming carried on is expected to include entertainment, shopping, weather, sports, as well as religious networks and networks targeting select ethnic groups with content lease agreements as the prime source of revenue. It generates sales from its television stations.

Executives

Thomas James Brady	director, 10 percent owner, officer: CEO, CFO, Secretary Treasurer	750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7
Frank Mcenulty	director	4182 N. VIKING WAY, SUITE 216, LONG BEACH CA 90808-1475
Steven Cozine	director, 10 percent owner, officer: Secy/Treas	1460 BARCLAY ST. #701, NORTH VANCOUVER A1 V6G 1J5
Joseph Gallo	director, 10 percent owner, officer: President	4445 PATTERDALE DRIVE, NORTH VANCOUVER A1 V7R 4L8
Joel Haskins	director, 10 percent owner, officer: Treasurer	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7
Kevin Michael Stunder	director, 10 percent owner, officer: President	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7