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ZaZa Energy (ZaZa Energy) Cash Conversion Cycle

: -201.54 (As of Jun. 2015)
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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

ZaZa Energy's Days Sales Outstanding for the three months ended in Jun. 2015 was 49.66.
ZaZa Energy's Days Inventory for the three months ended in Jun. 2015 was 0.
ZaZa Energy's Days Payable for the three months ended in Jun. 2015 was 251.2.
Therefore, ZaZa Energy's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2015 was -201.54.


ZaZa Energy Cash Conversion Cycle Historical Data

The historical data trend for ZaZa Energy'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.

* Premium members only.

ZaZa Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Cash Conversion Cycle
-93,855.58 -7,291.13 -2,328.22 65.32 46.83

ZaZa Energy Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Cash Conversion Cycle 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 Premium Member Only Premium Member Only Premium Member Only -405.22 70.26 62.13 73.99 -201.54

Competitive Comparison

For the Oil & Gas E&P subindustry, ZaZa Energy'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.


ZaZa Energy Cash Conversion Cycle Distribution

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

* The bar in red indicates where ZaZa Energy's Cash Conversion Cycle falls into.



ZaZa Energy 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.

ZaZa Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=46.83+0-0
=46.83

ZaZa Energy's Cash Conversion Cycle for the quarter that ended in Jun. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.66+0-251.2
=-201.54

* 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.


ZaZa Energy  (GREY:ZAZA) 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.


ZaZa Energy Cash Conversion Cycle Related Terms

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ZaZa Energy (ZaZa Energy) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 2800, Houston, TX, USA, 77010
ZaZa Energy Corp is an independent oil and gas company. The Company is focused on the exploration and production of unconventional and conventional oil and gas assets. It operates primarily through joint ventures in the Eagle Ford East trend in East Texas and the Eagle Ford trend in South Texas.

ZaZa Energy (ZaZa Energy) Headlines

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