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Green Innovations (Green Innovations) Cash Conversion Cycle : 38.72 (As of Dec. 2014)


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What is Green Innovations Cash Conversion Cycle?

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

Green Innovations's Days Sales Outstanding for the three months ended in Dec. 2014 was 10.26.
Green Innovations's Days Inventory for the three months ended in Dec. 2014 was 91.65.
Green Innovations's Days Payable for the three months ended in Dec. 2014 was 63.19.
Therefore, Green Innovations's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2014 was 38.72.


Green Innovations Cash Conversion Cycle Historical Data

The historical data trend for Green Innovations'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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Green Innovations Cash Conversion Cycle Chart

Green Innovations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cash Conversion Cycle
Get a 7-Day Free Trial - - 222.39 195.05 131.45

Green Innovations Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 227.78 165.87 211.32 107.27 38.72

Competitive Comparison of Green Innovations's Cash Conversion Cycle

For the Paper & Paper Products subindustry, Green Innovations'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.


Green Innovations's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Green Innovations's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Green Innovations's Cash Conversion Cycle falls into.



Green Innovations 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.

Green Innovations's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=11.06+176.54-56.15
=131.45

Green Innovations's Cash Conversion Cycle for the quarter that ended in Dec. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=10.26+91.65-63.19
=38.72

* 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.


Green Innovations  (GREY:GNIN) 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.


Green Innovations Cash Conversion Cycle Related Terms

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Green Innovations (Green Innovations) Business Description

Traded in Other Exchanges
N/A
Address
3208 Chiquita Boulevard S., Suite 216, Cape Coral, FL, USA, 331914
Green Innovations Ltd is involved in the business of importing and exporting, distributing and selling bamboo based household products and other paper products in North America. Its products include bath tissues, paper towels, napkins, facial tissue, baby wipes etc. The company markets and sells its products under brand names such as Sensa, Clearly Herbal, Noov, Avanti, and Sensational.

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