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ZeroFox Holdings (ZeroFox Holdings) Cash Conversion Cycle : 47.96 (As of Jan. 2024)


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What is ZeroFox Holdings Cash Conversion Cycle?

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

ZeroFox Holdings's Days Sales Outstanding for the three months ended in Jan. 2024 was 52.2.
ZeroFox Holdings's Days Inventory for the three months ended in Jan. 2024 was 0.
ZeroFox Holdings's Days Payable for the three months ended in Jan. 2024 was 4.24.
Therefore, ZeroFox Holdings's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 47.96.


ZeroFox Holdings Cash Conversion Cycle Historical Data

The historical data trend for ZeroFox 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.

ZeroFox Holdings Cash Conversion Cycle Chart

ZeroFox Holdings Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Cash Conversion Cycle
- 133.96 58.52 - 34.85

ZeroFox Holdings Quarterly Data
Jan20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.36 50.15 43.82 44.86 47.96

Competitive Comparison of ZeroFox Holdings's Cash Conversion Cycle

For the Software - Infrastructure subindustry, ZeroFox 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.


ZeroFox Holdings's Cash Conversion Cycle Distribution in the Software Industry

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

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



ZeroFox 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.

ZeroFox Holdings's Cash Conversion Cycle for the fiscal year that ended in Jan. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=41.62+0-6.77
=34.85

ZeroFox Holdings's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.2+0-4.24
=47.96

* 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.


ZeroFox Holdings  (NAS:ZFOX) 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.


ZeroFox Holdings Cash Conversion Cycle Related Terms

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ZeroFox Holdings (ZeroFox Holdings) Business Description

Traded in Other Exchanges
Address
1834 South Charles Street, Baltimore, MD, USA, 21230
ZeroFox Holdings Inc is a cybersecurity company. It provides external threat intelligence and protection to disrupt threats to brands, people, assets and data across the public attack surface in one, comprehensive platform. With complete global coverage across the surface, deep and dark web and an artificial intelligence-based analysis engine, the ZeroFox Platform identifies and remediates targeted phishing attacks, credential compromise, data exfiltration, brand hijacking, executive and location threats and more.
Executives
James Christopher Foster director, officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 21230
Prestridge Iii John R officer: Chief Marketing Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Michael Morgan Price officer: Chief Technology Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Kevin T Reardon officer: Chief Operating Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Scott O'rourke officer: Chief Revenue Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Thomas P Fitzgerald officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 21230
Timothy S Bender officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 10020
Barbara Lynn Stewart director 5798 ANEGADA DRIVE, NAPLES FL 34113
Teresa H Shea director 105 N. OAKLAND STREET, ARLINGTON VA 22203
Paul Hooper director 3585 MONROE STREET, SANTA CLARA CA 95051
Louis Sean Cunningham director C/O FORGEPOINT, 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Peter J Barris director 1119 ST PAUL STREET, BALTIMORE MD 21202
Mulloy Corey director 598 GIBRALTAR DRIVE, MILPITAS CA 95035
Adam Gerchen director C/O L&F ACQUISITION CORP., 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Highland Entrepreneurs' Fund 9 Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142