GURUFOCUS.COM » STOCK LIST » Technology » Software » Zeta Global Holdings Corp (NYSE:ZETA) » Definitions » Cash Conversion Cycle

Zeta Global Holdings (Zeta Global Holdings) Cash Conversion Cycle : 8.00 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Zeta Global Holdings Cash Conversion Cycle?

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

Zeta Global Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.4.
Zeta Global Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.
Zeta Global Holdings's Days Payable for the three months ended in Mar. 2024 was 69.4.
Therefore, Zeta Global Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 8.00.


Zeta Global Holdings Cash Conversion Cycle Historical Data

The historical data trend for Zeta Global Holdings'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.

* Premium members only.

Zeta Global Holdings Cash Conversion Cycle Chart

Zeta Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
1.32 -4.90 -0.60 11.73 4.58

Zeta Global Holdings Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 -7.98 -8.11 1.19 8.00

Competitive Comparison of Zeta Global Holdings's Cash Conversion Cycle

For the Software - Application subindustry, Zeta Global Holdings'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.


Zeta Global Holdings's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Zeta Global Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Zeta Global Holdings's Cash Conversion Cycle falls into.



Zeta Global Holdings 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.

Zeta Global Holdings'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
=69.23+0-64.65
=4.58

Zeta Global Holdings'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
=77.4+0-69.4
=8.00

* 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.


Zeta Global Holdings  (NYSE:ZETA) 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.


Zeta Global Holdings Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Zeta Global Holdings's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Zeta Global Holdings (Zeta Global Holdings) Business Description

Traded in Other Exchanges
Address
3 Park Avenue, 33rd Floor, New York, NY, USA, 10016
Zeta Global Holdings Corp is an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail.
Executives
Satish Ravella officer: Senior Vice President, Finance C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
Robert H Niehaus director, 10 percent owner 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Jeanine Silberblatt director C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
Jene Elzie director C/O ZETA GLOBAL HOLDINGS CORP., 3 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10016
William Landman director C/O RUS BERRIE AND COMPAN, INC.,, 111 BAUER DRIVE, OAKLAND NJ 07436
Greenhill Capital Partners (ghl) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners (employees) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners (cayman Islands) Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Greenhill Capital Partners Iii, L.p. 10 percent owner 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
Gcp Capital Partners (cayman) Iv, L.p. 10 percent owner C/O GCP CAPITAL PARTNERS LLC, 600 LEXINGTON AVENUE, NEW YORK NY 10022
Gcp Capital Partners Iv, L.p. 10 percent owner C/O GCP CAPITAL PARTNERS LLC, 600 LEXINGTON AVENUE, NEW YORK NY 10022
John Sculley director C/O KALEIDO BIOSCIENCES, INC., 65 HAYDEN AVENUE, LEXINGTON MA 02421
Gpi Capital Gemini Holdco Lp director, 10 percent owner C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
David Steinberg director, 10 percent owner, officer: Chief Executive Officer 1010 WISCONSIN AVE, SUITE 600, WASHINGTON DC 20007
William T. Royan director C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105

Zeta Global Holdings (Zeta Global Holdings) Headlines

From GuruFocus

Zeta Introduces 'ChatBotZeta' Beta Test

By Business Wire Business Wire 02-09-2023

Zeta Global Clarification on WhatCounts Acquisition

By Business Wire Business Wire 05-05-2023

ZETA to Present at Upcoming Investor Conferences

By Business Wire Business Wire 05-15-2023

ZETA to Present at Upcoming Investor Conferences

By Business Wire Business Wire 02-28-2023

ZETA to Present at Upcoming Investor Conference

By Business Wire Business Wire 01-09-2023

Zeta to Announce Second Quarter 2022 Results on August 3, 2022

By Business Wire Business Wire 07-13-2022

ZETA to Present at Upcoming Investor Conference

By Business Wire 01-09-2024