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Donnycreek Energy (TSXV:DCK) Cash Conversion Cycle : 0.00 (As of Jul. 2014)


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What is Donnycreek Energy Cash Conversion Cycle?

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

Donnycreek Energy's Days Sales Outstanding for the three months ended in Jul. 2014 was 0.
Donnycreek Energy's Days Inventory for the three months ended in Jul. 2014 was 0.
Donnycreek Energy's Days Payable for the three months ended in Jul. 2014 was 0.
Therefore, Donnycreek Energy's Cash Conversion Cycle (CCC) for the three months ended in Jul. 2014 was 0.00.


Donnycreek Energy Cash Conversion Cycle Historical Data

The historical data trend for Donnycreek Energy'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.

Donnycreek Energy Cash Conversion Cycle Chart

Donnycreek Energy Annual Data
Trend Jul12 Jul13 Jul14
Cash Conversion Cycle
- - -

Donnycreek Energy Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Donnycreek Energy's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Donnycreek Energy'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.


Donnycreek Energy's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Donnycreek Energy's Cash Conversion Cycle distribution charts can be found below:

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



Donnycreek Energy 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.

Donnycreek Energy's Cash Conversion Cycle for the fiscal year that ended in Jul. 2014 is calculated as

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

Donnycreek Energy's Cash Conversion Cycle for the quarter that ended in Jul. 2014 is calculated as:

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

* 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.


Donnycreek Energy  (TSXV:DCK) 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.


Donnycreek Energy Cash Conversion Cycle Related Terms

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Donnycreek Energy (TSXV:DCK) Business Description

Traded in Other Exchanges
N/A
Address
Donnycreek Energy Inc is a petroleum and natural gas exploration and production company. Its properties are located in the Deep Basin area of west-central Alberta.

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