Signature Eyewear (Signature Eyewear) Cash Conversion Cycle : 43.58 (As of Apr. 2011)

Signature Eyewear Cash Conversion Cycle Chart

Signature Eyewear Annual Data
	Trend	Oct01	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10
Cash Conversion Cycle		Get a 7-Day Free Trial					56.18	43.95	54.12	65.63	54.53

Signature Eyewear Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11
Cash Conversion Cycle	Get a 7-Day Free Trial															51.92	44.70	41.79	40.67	43.58

Competitive Comparison of Signature Eyewear's Cash Conversion Cycle

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.

Signature Eyewear's Cash Conversion Cycle Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's Cash Conversion Cycle distribution charts can be found below:

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

Signature Eyewear 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.

Signature Eyewear's Cash Conversion Cycle for the fiscal year that ended in Oct. 2010 is calculated as

Signature Eyewear's Cash Conversion Cycle for the quarter that ended in Apr. 2011 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.

Signature Eyewear  (OTCPK:SEYE) 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.

Signature Eyewear Cash Conversion Cycle Related Terms

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Signature Eyewear (Signature Eyewear) Business Description