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Wildpack Beverage (TSXV:CANS) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Wildpack Beverage Cash Conversion Cycle?

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

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


Wildpack Beverage Cash Conversion Cycle Historical Data

The historical data trend for Wildpack Beverage'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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Wildpack Beverage Cash Conversion Cycle Chart

Wildpack Beverage Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
90.48 3.48 -

Wildpack Beverage Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.42 -61.36 -37.19 9.35 -

Competitive Comparison of Wildpack Beverage's Cash Conversion Cycle

For the Specialty Business Services subindustry, Wildpack Beverage'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.


Wildpack Beverage's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wildpack Beverage's Cash Conversion Cycle distribution charts can be found below:

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



Wildpack Beverage 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.

Wildpack Beverage'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

Wildpack Beverage'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+0-0
=0.00

* 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.


Wildpack Beverage  (TSXV:CANS) 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.


Wildpack Beverage Cash Conversion Cycle Related Terms

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Wildpack Beverage (TSXV:CANS) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Wildpack Beverage Inc is engaged in the Beverage Packaging and Production Industry. Its business activities include filling and decorating aluminum cans, along with brokering packaging materials and printing labels and sleeves for the United States beverage market. The Company has four reportable segments, being can, filling, decorating, brokering, and corporate It earns revenue from the sale of aluminum cans, decorated packaging materials, and the provision of beverage filling services to its customers.

Wildpack Beverage (TSXV:CANS) Headlines

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