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Green Planet Group (Green Planet Group) Cash Conversion Cycle : 15.66 (As of Sep. 2011)


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What is Green Planet Group Cash Conversion Cycle?

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

Green Planet Group's Days Sales Outstanding for the three months ended in Sep. 2011 was 37.73.
Green Planet Group's Days Inventory for the three months ended in Sep. 2011 was 5.29.
Green Planet Group's Days Payable for the three months ended in Sep. 2011 was 27.36.
Therefore, Green Planet Group's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2011 was 15.66.


Green Planet Group Cash Conversion Cycle Historical Data

The historical data trend for Green Planet Group'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 Planet Group Cash Conversion Cycle Chart

Green Planet Group Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Cash Conversion Cycle
Get a 7-Day Free Trial -231.21 2.39 68.61 16.27 14.67

Green Planet Group Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 12.57 10.71 9.98 12.90 15.66

Competitive Comparison of Green Planet Group's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Green Planet Group'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 Planet Group's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Planet Group's Cash Conversion Cycle distribution charts can be found below:

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



Green Planet Group 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 Planet Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2011 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=31.27+3.15-19.75
=14.67

Green Planet Group's Cash Conversion Cycle for the quarter that ended in Sep. 2011 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=37.73+5.29-27.36
=15.66

* 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 Planet Group  (OTCPK:GNPG) 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 Planet Group Cash Conversion Cycle Related Terms

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Green Planet Group (Green Planet Group) Business Description

Traded in Other Exchanges
N/A
Address
3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034
Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.

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