SMX (Security Matters) (SMX (Security Matters)) Cash Conversion Cycle : 0.00 (As of Dec. 2023)

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What is SMX (Security Matters) Cash Conversion Cycle?

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

SMX (Security Matters)'s Days Sales Outstanding for the six months ended in Dec. 2023 was .
SMX (Security Matters)'s Days Inventory for the six months ended in Dec. 2023 was .
SMX (Security Matters)'s Days Payable for the six months ended in Dec. 2023 was .
Therefore, SMX (Security Matters)'s Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 0.00.

SMX (Security Matters) Cash Conversion Cycle Historical Data

The historical data trend for SMX (Security Matters)'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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SMX (Security Matters) Cash Conversion Cycle Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

-18,797.50

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of SMX (Security Matters)'s Cash Conversion Cycle

For the Specialty Business Services subindustry, SMX (Security Matters)'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.

SMX (Security Matters)'s Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMX (Security Matters)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SMX (Security Matters)'s Cash Conversion Cycle falls into.

SMX (Security Matters) 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.

SMX (Security Matters)'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
	=	0	+	0	-	0
	=	0.00

SMX (Security Matters)'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
	=		+		-
	=	0.00

SMX (Security Matters) (NAS:SMX) 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.

SMX (Security Matters) Cash Conversion Cycle Related Terms

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SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.