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Ultrapay Limited (ASX:ULT) Cash Conversion Cycle : 0.00 (As of Dec. 2006)


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What is Ultrapay Limited Cash Conversion Cycle?

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

Ultrapay Limited's Days Sales Outstanding for the six months ended in Dec. 2006 was 0.
Ultrapay Limited's Days Inventory for the six months ended in Dec. 2006 was .
Ultrapay Limited's Days Payable for the six months ended in Dec. 2006 was .
Therefore, Ultrapay Limited's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2006 was 0.00.


Ultrapay Limited Cash Conversion Cycle Historical Data

The historical data trend for Ultrapay Limited'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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Ultrapay Limited Cash Conversion Cycle Chart

Ultrapay Limited Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Cash Conversion Cycle
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Ultrapay Limited Semi-Annual Data
Dec96 Jun97 Dec98 Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06
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Competitive Comparison of Ultrapay Limited's Cash Conversion Cycle

For the Consumer Electronics subindustry, Ultrapay Limited'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.


Ultrapay Limited's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ultrapay Limited's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ultrapay Limited's Cash Conversion Cycle falls into.



Ultrapay Limited 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.

Ultrapay Limited's Cash Conversion Cycle for the fiscal year that ended in Jun. 2006 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

Ultrapay Limited's Cash Conversion Cycle for the quarter that ended in Dec. 2006 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+-
=0.00

* 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.


Ultrapay Limited  (ASX:ULT) 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.


Ultrapay Limited Cash Conversion Cycle Related Terms

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Ultrapay Limited (ASX:ULT) Business Description

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