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Alanco Technologies (Alanco Technologies) Cash Conversion Cycle : 208.66 (As of Mar. 2017)


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What is Alanco Technologies Cash Conversion Cycle?

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

Alanco Technologies's Days Sales Outstanding for the three months ended in Mar. 2017 was 501.88.
Alanco Technologies's Days Inventory for the three months ended in Mar. 2017 was 0.
Alanco Technologies's Days Payable for the three months ended in Mar. 2017 was 293.22.
Therefore, Alanco Technologies's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2017 was 208.66.


Alanco Technologies Cash Conversion Cycle Historical Data

The historical data trend for Alanco Technologies'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.

Alanco Technologies Cash Conversion Cycle Chart

Alanco Technologies Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -767.34 -42.77 -13.90 -73.78

Alanco Technologies 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 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 -22.84 -114.43 -137.38 -185.72 208.66

Competitive Comparison of Alanco Technologies's Cash Conversion Cycle

For the Waste Management subindustry, Alanco Technologies'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.


Alanco Technologies's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Alanco Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alanco Technologies's Cash Conversion Cycle falls into.



Alanco Technologies 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.

Alanco Technologies's Cash Conversion Cycle for the fiscal year that ended in Jun. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=47.28+0-121.06
=-73.78

Alanco Technologies'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
=501.88+0-293.22
=208.66

* 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.


Alanco Technologies  (OTCPK:ALAN) 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.


Alanco Technologies Cash Conversion Cycle Related Terms

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Alanco Technologies (Alanco Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7950 E. Acoma Drive, Suite 111, Scottsdale, AZ, USA, 85260
Alanco Technologies Inc, through its subsidiary Alanco Energy Services, Inc., is engaged in the process of constructing a water disposal facility to receive produced water generated as a byproduct from oil and gas well operations.
Executives
Joshua Silverman director IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Thomas C Lavoy director C/O ISORAY, INC., 350 HILLS STREET, STE 106, RICHLAND WA 99354
Robert R Kauffman director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER
Steve P Oman director

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