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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
Recruiter.Com Group's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 95.96.
Recruiter.Com Group's Days Inventory for the
three
months ended in Mar. 2024 was 0.
Recruiter.Com Group's Days Payable for the
three
months ended in Mar. 2024 was 44621.25.
Therefore, Recruiter.Com Group's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2024 was -44,525.29.
The historical data trend for Recruiter.Com Group'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.
Recruiter.Com Group Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial | -66.16 | -44.87 | 22.17 | 27.73 | -83.26 |
Recruiter.Com Group 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 | -15.23 | -13.98 | -129.52 | -124.87 | -44,525.29 |
For the Staffing & Employment Services subindustry, Recruiter.Com Group'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.
For the Business Services industry and Industrials sector, Recruiter.Com Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Recruiter.Com Group's Cash Conversion Cycle falls into.
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.
Recruiter.Com Group'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 |
= | 135.79 | + | 0 | - | 219.05 | |
= | -83.26 |
Recruiter.Com Group'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 |
= | 95.96 | + | 0 | - | 44621.25 | |
= | -44,525.29 |
* 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.
Recruiter.Com Group (NAS:RCRT) 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.
Thank you for viewing the detailed overview of Recruiter.Com Group's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas Roth | director | 54 W 40TH STREET, NEW YORK NY 10018 |
Miles L Jennings | director, officer: CEO | 4 OAKLAND STREET, BRISTOL CT 06010 |
Evan Sohn | director, officer: Executive Chairman | 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302 |
Josh Mcbride | officer: SVP, AI Solutions | 500 SEVENTH AVENUE, NEW YORK NY 10018 |
Xuan Smith | officer: Chief Technology Officer | 500 SEVENTH AVENUE, NEW YORK NY 10018 |
Wallace D Ruiz | director | |
Judy Krandel | officer: Chief Financial Officer | 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018 |
Robert H Heath | director | 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105 |
Stephen Pemberton | director | 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607 |
Deborah Leff | director | 500 SEVENTH AVENUE, NEW YORK NY 10018 |
Robert Scherne | officer: Interim CFO and Controller | 27 ARBOR ROAD, SYOSSET NY 11791 |
Ricky Don Roberts | officer: See Remarks | 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302 |
Ashley Saddul | 10 percent owner, officer: Chief Technology Officer | 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302 |
Tim O'rourke | director | 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302 |
Elliot M Maza | 10 percent owner, officer: CEO and CFO | C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
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