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Hemp (HEMP) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Hemp Cash Conversion Cycle?

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

Hemp's Days Sales Outstanding for the three months ended in . 20 was .
Hemp's Days Inventory for the three months ended in . 20 was .
Hemp's Days Payable for the three months ended in . 20 was .
Therefore, Hemp's Cash Conversion Cycle (CCC) for the three months ended in . 20 was 0.00.


Hemp Cash Conversion Cycle Historical Data

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

Hemp Annual Data
Trend
Cash Conversion Cycle

Hemp Quarterly Data
Cash Conversion Cycle

Competitive Comparison of Hemp's Cash Conversion Cycle

For the Drug Manufacturers - Specialty & Generic subindustry, Hemp'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.


Hemp's Cash Conversion Cycle Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hemp's Cash Conversion Cycle distribution charts can be found below:

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



Hemp 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.

Hemp's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

Hemp's Cash Conversion Cycle for the quarter that ended in . 20 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.


Hemp  (OTCPK:HEMP) 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.


Hemp Cash Conversion Cycle Related Terms

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Hemp (HEMP) Business Description

Traded in Other Exchanges
N/A
Address
7380 S. EASTERN AVE., No. 124-342, Las Vegas, NV, USA, 89123
Hemp Inc is engaged in offering industrial hemp and the myriad of clean, green sustainable products that industrial hemp offers to the world. Hemp products are eco-friendly, healthy, and can often replace petroleum-based products. Its product line includes Bubba Kush hemp, Pre-rolls, Fortified Pre-rolls, Caviar/Moon Rocks, and Diamonds. It produces lost circulation material (LCM), called DrillWall, which can be sold to the oil and gas drilling industry, along with an all-green natural oil spill absorbent, a second industrial kenaf-hemp product called Spill-Be-Gone.