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Bedrocan Cannabis (FRA:8BC) Cash Conversion Cycle : 113.32 (As of Apr. 2015)


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What is Bedrocan Cannabis Cash Conversion Cycle?

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

Bedrocan Cannabis's Days Sales Outstanding for the three months ended in Apr. 2015 was 21.84.
Bedrocan Cannabis's Days Inventory for the three months ended in Apr. 2015 was 91.48.
Bedrocan Cannabis's Days Payable for the three months ended in Apr. 2015 was 0.
Therefore, Bedrocan Cannabis's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2015 was 113.32.


Bedrocan Cannabis Cash Conversion Cycle Historical Data

The historical data trend for Bedrocan Cannabis'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.

Bedrocan Cannabis Cash Conversion Cycle Chart

Bedrocan Cannabis Annual Data
Trend Jan13 Jan14 Jan15
Cash Conversion Cycle
- - -

Bedrocan Cannabis Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only - 730.00 116.95 - 113.32

Competitive Comparison of Bedrocan Cannabis's Cash Conversion Cycle

For the Biotechnology subindustry, Bedrocan Cannabis'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.


Bedrocan Cannabis's Cash Conversion Cycle Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bedrocan Cannabis's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bedrocan Cannabis's Cash Conversion Cycle falls into.



Bedrocan Cannabis 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.

Bedrocan Cannabis's Cash Conversion Cycle for the fiscal year that ended in Jan. 2015 is calculated as

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

Bedrocan Cannabis's Cash Conversion Cycle for the quarter that ended in Apr. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=21.84+91.48-0
=113.32

* 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.


Bedrocan Cannabis  (FRA:8BC) 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.


Bedrocan Cannabis Cash Conversion Cycle Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Traded in Other Exchanges
N/A
Address
POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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