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American Blockchain (American Blockchain) Cash Conversion Cycle : -727.87 (As of Dec. 2007)


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What is American Blockchain Cash Conversion Cycle?

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

American Blockchain's Days Sales Outstanding for the three months ended in Dec. 2007 was 0.
American Blockchain's Days Inventory for the three months ended in Dec. 2007 was 46.69.
American Blockchain's Days Payable for the three months ended in Dec. 2007 was 774.56.
Therefore, American Blockchain's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2007 was -727.87.


American Blockchain Cash Conversion Cycle Historical Data

The historical data trend for American Blockchain'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.

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American Blockchain Cash Conversion Cycle Chart

American Blockchain Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06
Cash Conversion Cycle
Get a 7-Day Free Trial -143.96 -287.08 -566.12 -291.82 -377.43

American Blockchain Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 -1,503.43 -969.19 -597.41 - -727.87

Competitive Comparison of American Blockchain's Cash Conversion Cycle

For the Shell Companies subindustry, American Blockchain'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.


American Blockchain's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, American Blockchain's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where American Blockchain's Cash Conversion Cycle falls into.



American Blockchain 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.

American Blockchain's Cash Conversion Cycle for the fiscal year that ended in Mar. 2006 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=146.26+181.84-705.53
=-377.43

American Blockchain'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
=0+46.69-774.56
=-727.87

* 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.


American Blockchain  (OTCPK:GVSI) 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.


American Blockchain Cash Conversion Cycle Related Terms

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American Blockchain (American Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Good Vibration Shoes Inc is an opportunistic investor seeking assets in the blockchain industry.

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