Noble Investments (UK) (LSE:NBL) Cash Conversion Cycle : 278.35 (As of Feb. 2013)

Noble Investments (UK) Cash Conversion Cycle Chart

Noble Investments (UK) Annual Data
	Trend	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12
Cash Conversion Cycle		Get a 7-Day Free Trial					397.54	395.22	304.90	392.01	556.79

Noble Investments (UK) Semi-Annual Data
	Aug03	Feb04	Aug04	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13
Cash Conversion Cycle	Get a 7-Day Free Trial															-	-	518.59	604.46	278.35

Competitive Comparison of Noble Investments (UK)'s Cash Conversion Cycle

For the Specialty Business Services subindustry, Noble Investments (UK)'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.

Noble Investments (UK)'s Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Noble Investments (UK)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Noble Investments (UK)'s Cash Conversion Cycle falls into.

Noble Investments (UK) 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.

Noble Investments (UK)'s Cash Conversion Cycle for the fiscal year that ended in Aug. 2012 is calculated as

Noble Investments (UK)'s Cash Conversion Cycle for the quarter that ended in Feb. 2013 is calculated as:

* 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.

Noble Investments (UK)  (LSE:NBL) 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.

Noble Investments (UK) Cash Conversion Cycle Related Terms

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Noble Investments (UK) (LSE:NBL) Business Description