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EQM Technologies & Energy (EQM Technologies & Energy) Cash Conversion Cycle : -15.71 (As of Jun. 2014)


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What is EQM Technologies & Energy Cash Conversion Cycle?

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

EQM Technologies & Energy's Days Sales Outstanding for the three months ended in Jun. 2014 was 44.75.
EQM Technologies & Energy's Days Inventory for the three months ended in Jun. 2014 was 0.
EQM Technologies & Energy's Days Payable for the three months ended in Jun. 2014 was 60.46.
Therefore, EQM Technologies & Energy's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2014 was -15.71.


EQM Technologies & Energy Cash Conversion Cycle Historical Data

The historical data trend for EQM Technologies & 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.

EQM Technologies & Energy Cash Conversion Cycle Chart

EQM Technologies & Energy Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec13
Cash Conversion Cycle
26.67 41.24 5.52 0.75 -18.00

EQM Technologies & Energy Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -19.21 -17.72 -15.50 -37.98 -15.71

Competitive Comparison of EQM Technologies & Energy's Cash Conversion Cycle

For the Waste Management subindustry, EQM Technologies & 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.


EQM Technologies & Energy's Cash Conversion Cycle Distribution in the Waste Management Industry

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

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



EQM Technologies & 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.

EQM Technologies & Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=58.68+0-76.68
=-18.00

EQM Technologies & Energy's Cash Conversion Cycle for the quarter that ended in Jun. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=44.75+0-60.46
=-15.71

* 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.


EQM Technologies & Energy  (OTCPK:EQTE) 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.


EQM Technologies & Energy Cash Conversion Cycle Related Terms

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EQM Technologies & Energy (EQM Technologies & Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800 Carillon Boulevard, Cincinnati, OH, USA, 45240
EQM Technologies & Energy Inc is an environmental, engineering consulting and services company. The firm through its subsidiary provides environmental consulting, engineering and compliance, and remediation and construction management services. The company serves a diverse set of markets including automotive, chemical, food and beverage, pharmaceutical, and also federal sector.
Executives
Daniel Raynor 10 percent owner
Jon Colin director, officer: Interim CEO 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653

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