GURUFOCUS.COM » STOCK LIST » Technology » Software » World Health Energy Holdings Inc (OTCPK:WHEN) » Definitions » Cash Conversion Cycle

World Health Energy Holdings (World Health Energy Holdings) Cash Conversion Cycle : -448.30 (As of Mar. 2024)


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

What is World Health Energy Holdings Cash Conversion Cycle?

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

World Health Energy Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 141.02.
World Health Energy Holdings's Days Inventory for the three months ended in Mar. 2024 was 64.64.
World Health Energy Holdings's Days Payable for the three months ended in Mar. 2024 was 653.96.
Therefore, World Health Energy Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -448.30.


World Health Energy Holdings Cash Conversion Cycle Historical Data

The historical data trend for World Health Energy Holdings'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.

World Health Energy Holdings Cash Conversion Cycle Chart

World Health Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.06 20.48 19.55 66.18 64.93

World Health Energy Holdings 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 69.86 26.58 135.25 101.39 -448.30

Competitive Comparison of World Health Energy Holdings's Cash Conversion Cycle

For the Software - Infrastructure subindustry, World Health Energy Holdings'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.


World Health Energy Holdings's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, World Health Energy Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where World Health Energy Holdings's Cash Conversion Cycle falls into.



World Health Energy Holdings 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.

World Health Energy Holdings'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
=64.93+0-0
=64.93

World Health Energy Holdings'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
=141.02+64.64-653.96
=-448.30

* 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.


World Health Energy Holdings  (OTCPK:WHEN) 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.


World Health Energy Holdings Cash Conversion Cycle Related Terms

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


World Health Energy Holdings (World Health Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1825 NW Corporate Boulevard, Suite 110, Boca Raton, FL, USA, 33431
World Health Energy Holdings Inc is engaged in data security and analytics and provides intelligent security software and services to enterprises and individuals worldwide The company leverages artificial intelligence and machine learning to deliver innovative solutions in the areas of cybersecurity, safety focusing on the areas of endpoint security, endpoint management and encryption. Its software specializes in data protection, threat detection and response. Its Product offerings enable enterprises to protect data stored on-premises and in the cloud, confidential data belonging to customers, financial records, strategic and product plans and other intellectual property and, on a parental or guardian level, to monitor minor children's cyber activities.