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Cannabusiness Group (Cannabusiness Group) Cash Conversion Cycle : -12.07 (As of Dec. 2007)


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What is Cannabusiness Group Cash Conversion Cycle?

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

Cannabusiness Group's Days Sales Outstanding for the six months ended in Dec. 2007 was 3.53.
Cannabusiness Group's Days Inventory for the six months ended in Dec. 2007 was 28.37.
Cannabusiness Group's Days Payable for the six months ended in Dec. 2007 was 43.97.
Therefore, Cannabusiness Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2007 was -12.07.


Cannabusiness Group Cash Conversion Cycle Historical Data

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Cash Conversion Cycle Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,391.56 139.05 44.56 2.75 -12.07

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,391.56 139.05 44.56 2.75 -12.07

Competitive Comparison of Cannabusiness Group's Cash Conversion Cycle

For the Real Estate Services subindustry, Cannabusiness Group'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.


Cannabusiness Group's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Cash Conversion Cycle distribution charts can be found below:

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



Cannabusiness Group 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.

Cannabusiness Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2007 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.53+28.37-43.97
=-12.07

Cannabusiness Group's Cash Conversion Cycle for the quarter that ended in Dec. 2007 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.53+28.37-43.97
=-12.07

* 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.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Cash Conversion Cycle Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

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