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Granite City Food & Brewery (Granite City Food & Brewery) Cash Conversion Cycle : -1.04 (As of Jun. 2017)


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What is Granite City Food & Brewery Cash Conversion Cycle?

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

Granite City Food & Brewery's Days Sales Outstanding for the three months ended in Jun. 2017 was 0.
Granite City Food & Brewery's Days Inventory for the three months ended in Jun. 2017 was 5.37.
Granite City Food & Brewery's Days Payable for the three months ended in Jun. 2017 was 6.41.
Therefore, Granite City Food & Brewery's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was -1.04.


Granite City Food & Brewery Cash Conversion Cycle Historical Data

The historical data trend for Granite City Food & Brewery'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.

* Premium members only.

Granite City Food & Brewery Cash Conversion Cycle Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.69 -9.03 -10.30 -4.98 -2.98

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -2.14 -2.48 -3.34 -2.33 -1.04

Competitive Comparison of Granite City Food & Brewery's Cash Conversion Cycle

For the Restaurants subindustry, Granite City Food & Brewery'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.


Granite City Food & Brewery's Cash Conversion Cycle Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Cash Conversion Cycle falls into.



Granite City Food & Brewery 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.

Granite City Food & Brewery's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+5.76-8.74
=-2.98

Granite City Food & Brewery'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+5.37-6.41
=-1.04

* 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.


Granite City Food & Brewery  (OTCPK:GCFB) 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.


Granite City Food & Brewery Cash Conversion Cycle Related Terms

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Granite City Food & Brewery (Granite City Food & Brewery) Business Description

Traded in Other Exchanges
N/A
Address
3600 American Boulevard West, Suite 400, Bloomington, MN, USA, 55431
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.
Executives
Lou Mucci director 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Peter Hausback officer: Chief Financial Officer 201 W NORTH RIVER DR, STE 100, SPOKANE WA 99201
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Gary S Kohler 10 percent owner 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Whitebox Intermarket Partners Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Advisors, Llc 10 percent owner 3033 EXCELSIOR BOULEVARD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund, Ltd. 10 percent owner TRIDENT TRUST COMPANY (BVI) LIMITED, TRIDENT CHMBRS WATERFRONT DR WICKHAM CAY, ROAD TOWN, TORTOLA D8 00000

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