PICOP Resources (PHS:PCP) Cash Conversion Cycle : 0.00 (As of . 20)

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What is PICOP Resources Cash Conversion Cycle?

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

PICOP Resources's Days Sales Outstanding for the three months ended in . 20 was .
PICOP Resources's Days Inventory for the three months ended in . 20 was .
PICOP Resources's Days Payable for the three months ended in . 20 was .
Therefore, PICOP Resources's Cash Conversion Cycle (CCC) for the three months ended in . 20 was 0.00.

PICOP Resources Cash Conversion Cycle Historical Data

The historical data trend for PICOP Resources'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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PICOP Resources Cash Conversion Cycle Chart

PICOP Resources Annual Data

Trend

Cash Conversion Cycle

PICOP Resources Quarterly Data

Cash Conversion Cycle

Competitive Comparison of PICOP Resources's Cash Conversion Cycle

For the Paper & Paper Products subindustry, PICOP Resources'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.

PICOP Resources's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, PICOP Resources's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PICOP Resources's Cash Conversion Cycle falls into.

PICOP Resources 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.

PICOP Resources's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=		+		-
	=	0.00

PICOP Resources's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=		+		-
	=	0.00

PICOP Resources (PHS:PCP) 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.

PICOP Resources Cash Conversion Cycle Related Terms

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PICOP Resources (PHS:PCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » PICOP Resources Inc (PHS:PCP) » Definitions » Cash Conversion Cycle

Traded in Other Exchanges

N/A

Address

2/F Moredel Building, 2280 Pasong Tamo Extension, Makati City, PHL

Website

PICOP Resources Inc produces paper and timber products in the Philippines. Its paper products include newsprint, which is used by publishing companies for newspaper production, as well as for book paper and office supplies and telephone directory paper.