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Viscount Systems (Viscount Systems) Cash Conversion Cycle : -75.70 (As of Jun. 2016)


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What is Viscount Systems Cash Conversion Cycle?

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

Viscount Systems's Days Sales Outstanding for the three months ended in Jun. 2016 was 50.09.
Viscount Systems's Days Inventory for the three months ended in Jun. 2016 was 79.26.
Viscount Systems's Days Payable for the three months ended in Jun. 2016 was 205.05.
Therefore, Viscount Systems's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2016 was -75.70.


Viscount Systems Cash Conversion Cycle Historical Data

The historical data trend for Viscount Systems'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.

Viscount Systems Cash Conversion Cycle Chart

Viscount Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.13 120.18 106.04 84.51 30.74

Viscount Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 32.07 39.07 -8.15 -33.28 -75.70

Competitive Comparison of Viscount Systems's Cash Conversion Cycle

For the Security & Protection Services subindustry, Viscount Systems'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.


Viscount Systems's Cash Conversion Cycle Distribution in the Business Services Industry

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

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



Viscount Systems 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.

Viscount Systems's Cash Conversion Cycle for the fiscal year that ended in Dec. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=40.25+89.82-99.33
=30.74

Viscount Systems's Cash Conversion Cycle for the quarter that ended in Jun. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=50.09+79.26-205.05
=-75.70

* 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.


Viscount Systems  (OTCPK:VSYS) 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.


Viscount Systems Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Viscount Systems's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Viscount Systems (Viscount Systems) Business Description

Traded in Other Exchanges
N/A
Address
4585 Tillicum Street, Burnaby, BC, CAN, V5J 5K9
Viscount Systems Inc is engaged in designing, manufacturing, and servicing of physical access control and telephone entry products. Its product includes Enterphone Access Control products, Enterphone iQ, MESH and Freedom Access Control Systems, and Freedom. It operates through two segments; The Manufacturing segment designs produces and sells intercom and door access control systems that utilize telecommunications to control access to buildings and other facilities for security purpose. The Servicing segment provides maintenance to these intercom and door access control systems.
Executives
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Geoffrey W Arens director, 10 percent owner C/O DENDERA CAPITAL FUND LP, NEW YORK NY 10017
Ned L Siegel director, other: Chairman of the Board 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Dennis R Raefield director 4 ORCHARD LN, ALAMO CA 94507

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