NoFire Technologies (NoFire Technologies) Cash Conversion Cycle : 83.13 (As of May. 2010)

NoFire Technologies Cash Conversion Cycle Chart

NoFire Technologies Annual Data
	Trend	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09
Cash Conversion Cycle		Get a 7-Day Free Trial					-959.03	-1,703.77	-432.33	-71.30	-61.43

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Cash Conversion Cycle	Get a 7-Day Free Trial															153.42	187.43	192.84	96.12	83.13

Competitive Comparison of NoFire Technologies's Cash Conversion Cycle

For the Specialty Chemicals subindustry, NoFire Technologies'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.

NoFire Technologies's Cash Conversion Cycle Distribution in the Chemicals Industry

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

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

NoFire Technologies 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.

NoFire Technologies's Cash Conversion Cycle for the fiscal year that ended in Aug. 2009 is calculated as

NoFire Technologies's Cash Conversion Cycle for the quarter that ended in May. 2010 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.

NoFire Technologies  (OTCPK:NFTI) 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.

NoFire Technologies Cash Conversion Cycle Related Terms

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NoFire Technologies (NoFire Technologies) Business Description