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Ozop Energy Solutions (Ozop Energy Solutions) Cash Conversion Cycle : -5,428.27 (As of Mar. 2024)


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What is Ozop Energy Solutions Cash Conversion Cycle?

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

Ozop Energy Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.41.
Ozop Energy Solutions's Days Inventory for the three months ended in Mar. 2024 was 832.66.
Ozop Energy Solutions's Days Payable for the three months ended in Mar. 2024 was 6314.34.
Therefore, Ozop Energy Solutions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -5,428.27.


Ozop Energy Solutions Cash Conversion Cycle Historical Data

The historical data trend for Ozop Energy Solutions'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.

Ozop Energy Solutions Cash Conversion Cycle Chart

Ozop Energy Solutions Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 44.54 -175.51 -17.98 -25.88 -273.32

Ozop Energy Solutions Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only -87.66 112.89 1,639.28 -506.90 -5,428.27

Competitive Comparison of Ozop Energy Solutions's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Ozop Energy Solutions'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.


Ozop Energy Solutions's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ozop Energy Solutions's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ozop Energy Solutions's Cash Conversion Cycle falls into.



Ozop Energy Solutions 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.

Ozop Energy Solutions'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
=13.11+159.48-445.91
=-273.32

Ozop Energy Solutions'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
=53.41+832.66-6314.34
=-5,428.27

* 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.


Ozop Energy Solutions  (OTCPK:OZSC) 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.


Ozop Energy Solutions Cash Conversion Cycle Related Terms

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Ozop Energy Solutions (Ozop Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
55 Ronald Reagan Boulevard, Warwick, NY, USA, 10990
Ozop Energy Solutions Inc is engaged in the renewable, electric vehicle, energy storage, and energy resiliency sectors. The company invents, designs, develops, manufactures, and distributes ultra-high power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. The components it distributes include PV panels, solar inverters, solar mounting systems, stationary batteries, onsite generators, and other associated electrical equipment and components that are all manufactured by multiple companies, both domestic and international.
Executives
Thomas J Mcleer officer: Chief Operating Officer 20 BLUE HORIZON, LAGUNA NIGUEL CA 92677
Michael D Chermak director, 10 percent owner, officer: CEO
Barry S Hollander officer: CFO 319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Salman J Chaudhry director, officer: COO
Eric Siu director, 10 percent owner 319 CLEMATIS STREET, SUITE 714, WEST PALM BEACH FL 33401
Rwo Medical Consulting Llc 10 percent owner 5227 W ADAMS AVE, #401, TEMPLE TX 76502