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Xeriant (Xeriant) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Xeriant Cash Conversion Cycle?

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

Xeriant's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.
Xeriant's Days Inventory for the three months ended in Mar. 2024 was 0.
Xeriant's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Xeriant's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


Xeriant Cash Conversion Cycle Historical Data

The historical data trend for Xeriant'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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Xeriant Cash Conversion Cycle Chart

Xeriant Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
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Xeriant Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Xeriant's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Xeriant'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.


Xeriant's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xeriant's Cash Conversion Cycle distribution charts can be found below:

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



Xeriant 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.

Xeriant'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+0-0
=0.00

Xeriant'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
=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.


Xeriant  (OTCPK:XERI) 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.


Xeriant Cash Conversion Cycle Related Terms

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Xeriant (Xeriant) Business Description

Traded in Other Exchanges
N/A
Address
3998 FAU Boulevard, Suite 309, Innovation Centre No.1, Boca Raton, FL, USA, 33431
Xeriant Inc is a holding and operating company focused on acquiring, developing, and commercializing revolutionary, eco-friendly technologies with applications in aerospace, including innovative aircraft concepts targeting emerging opportunities within the aviation industry. In 2019, Xeriant acquired a unique, scalable, multi-purpose VTOL aerial platform called Halo, which is protected under a broad utility patent. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.
Executives
Edward C. Defeudis director 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Brendan Macpherson director, 10 percent owner, officer: Chief Executive Officer 76 WILLIAM ST, PADDINGTON C3 2021
Macpherson Belinda Storelli director, 10 percent owner, officer: Chief Creative Officer 76 WILLIAM ST., PADDINGTON C3 2021
Raymond Key 10 percent owner 396 FRANKTON-LADIES MILE HIGHWAY, QUEENSTOWN Q2 9304
Richard C Fox director, officer: Interim CEO: Interim CFO 131 COURT ST. #11, EXETER NH 03833
Randy S Bayne officer: President, Encom Group, Inc.
Aqmen Family Holdings, Llc 10 percent owner 13403 OAK ALLEY LANE, CYPRESS TX 77429
Eman Mark Van 10 percent owner, officer: See Remark Below 13403 OAK ALLEY LANE, CYPRESS TX 77429
Bradley W Miller director, 10 percent owner, officer: CEO BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440
Nicole Machelle Stacy officer: Secretary 3330 EAST 36TH, APT. #18, TULSA OK 74035