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Critical Infrastructure Technologies (XCNQ:CTTT) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Critical Infrastructure Technologies Cash Conversion Cycle?

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

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


Critical Infrastructure Technologies Cash Conversion Cycle Historical Data

The historical data trend for Critical Infrastructure 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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Critical Infrastructure Technologies Cash Conversion Cycle Chart

Critical Infrastructure Technologies Annual Data
Trend Jun21 Jun22 Jun23
Cash Conversion Cycle
- - -

Critical Infrastructure Technologies Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23
Cash Conversion Cycle - - - - -

Competitive Comparison of Critical Infrastructure Technologies's Cash Conversion Cycle

For the Communication Equipment subindustry, Critical Infrastructure 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.


Critical Infrastructure Technologies's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Critical Infrastructure Technologies's Cash Conversion Cycle distribution charts can be found below:

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



Critical Infrastructure 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.

Critical Infrastructure Technologies's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Critical Infrastructure Technologies'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

* 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.


Critical Infrastructure Technologies  (XCNQ:CTTT) 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.


Critical Infrastructure Technologies Cash Conversion Cycle Related Terms

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Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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