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Glori Energy (Glori Energy) Cash Conversion Cycle : 23.40 (As of Dec. 2016)


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What is Glori Energy Cash Conversion Cycle?

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

Glori Energy's Days Sales Outstanding for the three months ended in Dec. 2016 was 63.73.
Glori Energy's Days Inventory for the three months ended in Dec. 2016 was 0.
Glori Energy's Days Payable for the three months ended in Dec. 2016 was 40.33.
Therefore, Glori Energy's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2016 was 23.40.


Glori Energy Cash Conversion Cycle Historical Data

The historical data trend for Glori 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.

Glori Energy Cash Conversion Cycle Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Cash Conversion Cycle
- - - 28.79 33.03

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 47.91 47.88 23.04 34.18 23.40

Competitive Comparison of Glori Energy's Cash Conversion Cycle

For the Shell Companies subindustry, Glori 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.


Glori Energy's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's Cash Conversion Cycle distribution charts can be found below:

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



Glori 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.

Glori Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=83.28+0-50.25
=33.03

Glori Energy's Cash Conversion Cycle for the quarter that ended in Dec. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=63.73+0-40.33
=23.40

* 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.


Glori Energy  (OTCPK:GLRI) 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.


Glori Energy Cash Conversion Cycle Related Terms

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Glori Energy (Glori Energy) Business Description

Traded in Other Exchanges
N/A
Address
4315 South Drive, Houston, TX, USA, 77053
Glori Energy Inc is a development stage company.
Executives
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore director 11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman director 4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming 10 percent owner 222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof director

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