Meganet (Meganet) Cash Conversion Cycle : 0.00 (As of Jun. 2017)

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What is Meganet Cash Conversion Cycle?

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

Meganet's Days Sales Outstanding for the three months ended in Jun. 2017 was 0.
Meganet's Days Inventory for the three months ended in Jun. 2017 was .
Meganet's Days Payable for the three months ended in Jun. 2017 was .
Therefore, Meganet's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was 0.00.

Meganet Cash Conversion Cycle Historical Data

The historical data trend for Meganet'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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Meganet Cash Conversion Cycle Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Cash Conversion Cycle

-13,578.00

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Cash Conversion Cycle	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Meganet's Cash Conversion Cycle

For the Security & Protection Services subindustry, Meganet'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.

Meganet's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meganet's Cash Conversion Cycle distribution charts can be found below:

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

Meganet 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.

Meganet's Cash Conversion Cycle for the fiscal year that ended in Mar. 2017 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	0	-	0
	=	0.00

Meganet's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+		-
	=	0.00

Meganet (OTCPK:MGNT) 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.

Meganet Cash Conversion Cycle Related Terms

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Meganet (Meganet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meganet Corp (OTCPK:MGNT) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120

Website

http://www.meganet.com

Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.