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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
Salarius Pharmaceuticals's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 0.
Salarius Pharmaceuticals's Days Inventory for the
three
months ended in Mar. 2024 was 0.
Salarius Pharmaceuticals's Days Payable for the
three
months ended in Mar. 2024 was 0.
Therefore, Salarius Pharmaceuticals's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2024 was 0.00.
The historical data trend for Salarius Pharmaceuticals'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.
Salarius Pharmaceuticals Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial | 1.05 | - | - | - | - |
Salarius Pharmaceuticals 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 | - | - | - | - | - |
For the Biotechnology subindustry, Salarius Pharmaceuticals'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 Biotechnology industry and Healthcare sector, Salarius Pharmaceuticals's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Salarius Pharmaceuticals'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.
Salarius Pharmaceuticals'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 |
= | 0 | + | 0 | - | 0 | |
= | 0.00 |
Salarius Pharmaceuticals'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 |
= | 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.
Salarius Pharmaceuticals (NAS:SLRX) 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 Salarius Pharmaceuticals's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Tess Burleson | director | 2450 HOLCOME BLVD., SUITE J-608, HOUSTON TX 77021 |
Jonathan I Lieber | director | C/O HISTOGENICS CORPORATION, 830 WINTER STREET #3, WALTHAM MA 02451 |
William K. Mcvicar | director | C/O INOTEK PHARMACEUTICALS CORPORATION, 131 HARTWELL AVENUE, SUITE 105, LEXINGTON MA 02421 |
Arnold C Hanish | director | 201 ELLIOTT AVENUE WEST, SEATTLE WA 98119 |
Mark J Rosenblum | officer: Exec VP Finance, Interim CFO | 3990 SPRING VALLEY ROAD, APT. 1218, DALLAS TX 75244 |
David J. Arthur | director, officer: Chief Executive Officer | 2450 HOLCOME BLVD., SUITE J-608, HOUSTON TX 77021 |
Scott Jordan | officer: Chief Financial Officer | 2450 HOLCOME BLVD., SUITE J-608, HOUSTON TX 77021 |
Mccreedy Bruce J Jr. | director | 2450 HOLCOME BLVD., SUITE J-608, HOUSTON TX 77021 |
Jonathan P Northrup | director | 2450 HOLCOME BLVD., SUITE J-608, HOUSTON TX 77021 |
Pao-yu Chuang | officer: Controller | 2450 HOLCOMBE BLVD., SUITE J-608, HOUSTON TX 77021 |
Paul Lammers | director | 2408 TIMBERLOCH PLACE, B-7, THE WOODLANDS TX 77380 |
Boston Foundation, Inc. | 10 percent owner | 75 ARLINGTON STREET, BOSTON MA 02116 |
Christoph H Westphal | 10 percent owner | C/O ALNYLAM PHARMACEUTICALS, INC, 300 THIRD STREET, CAMBRIDGE MA 02142 |
Longwood Fund Ii, L.p. | 10 percent owner | 800 BOYLSTON STREET, SUITE 1555, BOSTON MA 02199 |
Roger D Tung | director | 99 HAYDEN AVENUE, SUITE 500, LEXINGTON MA 02421 |
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