GURUFOCUS.COM » STOCK LIST » Technology » Software » iSign Media Solutions Inc (TSXV:ISD.H) » Definitions » Cash Conversion Cycle

iSign Media Solutions (TSXV:ISD.H) Cash Conversion Cycle : -30,629.58 (As of Jan. 2023)


View and export this data going back to 2008. Start your Free Trial

What is iSign Media Solutions Cash Conversion Cycle?

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

iSign Media Solutions's Days Sales Outstanding for the three months ended in Jan. 2023 was 0.
iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 was 273.75.
iSign Media Solutions's Days Payable for the three months ended in Jan. 2023 was 30903.33.
Therefore, iSign Media Solutions's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2023 was -30,629.58.


iSign Media Solutions Cash Conversion Cycle Historical Data

The historical data trend for iSign Media 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.

iSign Media Solutions Cash Conversion Cycle Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20,722.67 -32,997.74 -22,446.32 -27,466.25 -27,246.17

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 -24,363.75 -34,834.69 -16,790.00 -18,911.57 -30,629.58

Competitive Comparison of iSign Media Solutions's Cash Conversion Cycle

For the Software - Application subindustry, iSign Media 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.


iSign Media Solutions's Cash Conversion Cycle Distribution in the Software Industry

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

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



iSign Media 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.

iSign Media Solutions's Cash Conversion Cycle for the fiscal year that ended in Apr. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+193.24-27439.41
=-27,246.17

iSign Media Solutions's Cash Conversion Cycle for the quarter that ended in Jan. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+273.75-30903.33
=-30,629.58

* 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.


iSign Media Solutions  (TSXV:ISD.H) 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.


iSign Media Solutions Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of iSign Media Solutions's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


iSign Media Solutions (TSXV:ISD.H) Business Description

Traded in Other Exchanges
N/A
Address
105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (TSXV:ISD.H) Headlines

No Headlines