root9B Holdings (root9B Holdings) Cash Conversion Cycle : -30.00 (As of Mar. 2017)

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What is root9B Holdings Cash Conversion Cycle?

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

root9B Holdings's Days Sales Outstanding for the three months ended in Mar. 2017 was 47.5.
root9B Holdings's Days Inventory for the three months ended in Mar. 2017 was 0.
root9B Holdings's Days Payable for the three months ended in Mar. 2017 was 77.5.
Therefore, root9B Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2017 was -30.00.

root9B Holdings Cash Conversion Cycle Historical Data

The historical data trend for root9B Holdings'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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root9B Holdings Cash Conversion Cycle Chart

root9B Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash Conversion Cycle

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19.07

6.13

10.01

17.94

-13.43

root9B Holdings Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Cash Conversion Cycle	Get a 7-Day Free Trial															93.35	38.47	32.91	-	-30.00

Competitive Comparison of root9B Holdings's Cash Conversion Cycle

For the Information Technology Services subindustry, root9B Holdings'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.

root9B Holdings's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, root9B Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where root9B Holdings's Cash Conversion Cycle falls into.

root9B Holdings 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.

root9B Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	43.72	+	0	-	57.15
	=	-13.43

root9B Holdings's Cash Conversion Cycle for the quarter that ended in Mar. 2017 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	47.5	+	0	-	77.5
	=	-30.00

root9B Holdings (OTCPK:RTNB) 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.

root9B Holdings Cash Conversion Cycle Related Terms

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root9B Holdings (root9B Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » root9B Holdings Inc (OTCPK:RTNB) » Definitions » Cash Conversion Cycle

Traded in Other Exchanges

N/A

Address

102 N Cascade Avenue, Suite 220, Colorado Springs, CO, USA, 28211

Website

http://www.root9bholdings.com

root9B Holdings Inc is a provider of cybersecurity and business advisory services in regulatory risk mitigation. It designs and provides cybersecurity operations and solutions, risk mitigation services, compilation with complex regulations, and leverageable and integrated technology. The company provides its services through Cyber Solutions and Business Advisory Solutions segments. Cyber Solutions segment provides cyber operations assessments, analysis, and testing, to cyber training, forensics, exploitation, and strategic defense planning. It earns all its revenue from both of its segments.

Executives

Grano Joseph J Jr	director, officer: CEO and Chairman	C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087
William Hoke	officer: CFO	102 N. CASCADE AVENUE, SUITE 220, COLORADO SPRINGS CO 80919
Gregory C Morris	director	421 CRANBORNE CHASE, FORT MILL SC 29708
Seymour Siegel	director	91 CABOT COURT, HAUPPAUGE NY 11788
Isaac Blech	director, 10 percent owner	C/O INSPIREMD, INC., 321 COLUMBUS AVENUE, BOSTON MA 02116
Cary Sucoff	director	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Wesley Clark	director	C/O ARGYLE SECURITY ACQUISITION CORP., 200 CONCORD PLAZA, SUITE 700, SAN ANTONIO TX 78216
River Charitable Remainder Unitrust F/b/o Isaac Blech	10 percent owner	75 ROCKEFELLER PLAZA, 29TH FLOOR, NEW YORK NY 10019
Miriam Blech	10 percent owner	75 ROCKEFELLER PLAZA, 29TH FLOOR, NEW YORK NY 10019
Joseph C. Grano	10 percent owner	1185 AVENUE OF THE AMERICAS, SUITE 1750, NEW YORK NY 10036
James M Orphanides	10 percent owner	633 THIRD AVENUE, NEW YORK NY 10017
Mark S Elliott	director, 10 percent owner, officer: President	C/O LEVEL BRANDS, INC., 4521 SHARON ROAD, SUITE 450, CHARLOTTE NC 28211
Richard C Siskey	10 percent owner	3545 SHARON ROAD, CHARLOTTE NC 28211
Robert L Frome	director, 10 percent owner, officer: President	3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020

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