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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
Tingo's Days Sales Outstanding for the
three
months ended in Jun. 2023 was 0.
Tingo's Days Inventory for the
three
months ended in Jun. 2023 was 0.
Tingo's Days Payable for the
three
months ended in Jun. 2023 was 0.
Therefore, Tingo's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2023 was 0.00.
The historical data trend for Tingo'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.
Tingo Annual Data | |||||||||||||||||
Trend | Jun15 | Jun16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial | - | - | 0.03 | -815.67 | - |
Tingo Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Cash Conversion Cycle | Get a 7-Day Free Trial | -5,058.73 | 18.64 | - | - | - |
For the Software - Infrastructure subindustry, Tingo'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.
For the Software industry and Technology sector, Tingo's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tingo's Cash Conversion Cycle falls into.
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.
Tingo's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as
Cash Conversion Cycle | = | Days Sales Outstanding | + | Days Inventory | - | Days Payable |
= | 0 | + | 0 | - | 0 | |
= | 0.00 |
Tingo's Cash Conversion Cycle for the quarter that ended in Jun. 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.
Tingo (OTCPK:TMNA) 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.
Thank you for viewing the detailed overview of Tingo's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Dozy Mmobousi | director, 10 percent owner, officer: CEO | BRICKFIELD, RADLETT X0 WD7 8BS |
Christophe Charlier | director | 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040 |
Rory Bowen | officer: Chief of Staff | APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN |
Daksheshkumar B Patel | director, officer: CFO | APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196 |
Leslie Nabanya Kasumba | director | 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191 |
Kenneth I Denos | officer: EVP, Genl Counsel & Secy | 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095 |
Onyekachi Elochukwu Onubogu | director | 14 A DASILVA ROAD, LAGOS Q5 101222 |
Christopher John Cleverly | director, officer: President | 60 THE GREEN, POULSHOT DEVICES X0 5N101RT |
Derrick Randall-emeka | director | 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ |
Adewale Adebayo | director | 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241 |
Alex Lightman | director | 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832 |
John J Brown | director | 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380 |
Zoliwe Macanda-simbodyal | director | 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ |
Gurjinder Johal | director | 301 EAST 21ST, #13B, NEW YORK NY 10010 |
Tingo, Inc. | 10 percent owner | 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020 |
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