CHC Group (CHC Group) Cash Conversion Cycle : 30.58 (As of Oct. 2016)

CHC Group Cash Conversion Cycle Chart

CHC Group Annual Data
	Trend	Apr05	Apr06	Apr07	Apr08	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Cash Conversion Cycle		Get a 7-Day Free Trial					-14.37	-15.85	-4.35	8.71	0.55

CHC Group Quarterly Data
	Apr11	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16
Cash Conversion Cycle	Get a 7-Day Free Trial															3.43	3.10	-5.56	11.14	30.58

Competitive Comparison of CHC Group's Cash Conversion Cycle

For the Oil & Gas Equipment & Services subindustry, CHC 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.

CHC Group's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CHC Group's Cash Conversion Cycle distribution charts can be found below:

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

CHC 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.

CHC Group's Cash Conversion Cycle for the fiscal year that ended in Apr. 2016 is calculated as

CHC Group's Cash Conversion Cycle for the quarter that ended in Oct. 2016 is calculated as:

* 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.

CHC Group  (OTCPK:HELIQ) 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.

CHC Group Cash Conversion Cycle Related Terms

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CHC Group (CHC Group) Business Description