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Marketing Worldwide (Marketing Worldwide) Cash Conversion Cycle : -827.25 (As of Mar. 2013)


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What is Marketing Worldwide Cash Conversion Cycle?

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

Marketing Worldwide's Days Sales Outstanding for the three months ended in Mar. 2013 was 72.05.
Marketing Worldwide's Days Inventory for the three months ended in Mar. 2013 was 37.13.
Marketing Worldwide's Days Payable for the three months ended in Mar. 2013 was 936.43.
Therefore, Marketing Worldwide's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2013 was -827.25.


Marketing Worldwide Cash Conversion Cycle Historical Data

The historical data trend for Marketing Worldwide'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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Marketing Worldwide Cash Conversion Cycle Chart

Marketing Worldwide Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Cash Conversion Cycle
Get a 7-Day Free Trial 53.24 49.38 100.92 -33.26 -204.25

Marketing Worldwide Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -383.59 -467.16 -832.00 -731.28 -827.25

Competitive Comparison of Marketing Worldwide's Cash Conversion Cycle

For the Entertainment subindustry, Marketing Worldwide'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.


Marketing Worldwide's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marketing Worldwide's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Marketing Worldwide's Cash Conversion Cycle falls into.



Marketing Worldwide 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.

Marketing Worldwide's Cash Conversion Cycle for the fiscal year that ended in Sep. 2011 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=49.45+23.47-277.17
=-204.25

Marketing Worldwide's Cash Conversion Cycle for the quarter that ended in Mar. 2013 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.05+37.13-936.43
=-827.25

* 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.


Marketing Worldwide  (OTCPK:MWWC) 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.


Marketing Worldwide Cash Conversion Cycle Related Terms

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Marketing Worldwide (Marketing Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
16730 Creek Bend Drive, Sugar Land, TX, USA, 77478
Marketing Worldwide Corp through its wholly-owned subsidiary, Marketing Worldwide LLC, is engaged in the design, import and distribution of automotive accessories for motor vehicles in the automotive aftermarket industry. The Company intends to expand as an acquisition incubator, purchasing companies and patents built by passionate visionaries.