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Mitchell Communication Group Limited (ASX:MCU) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Mitchell Communication Group Limited Cash Conversion Cycle?

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

Mitchell Communication Group Limited's Days Sales Outstanding for the three months ended in . 20 was .
Mitchell Communication Group Limited's Days Inventory for the three months ended in . 20 was .
Mitchell Communication Group Limited's Days Payable for the three months ended in . 20 was .
Therefore, Mitchell Communication Group Limited's Cash Conversion Cycle (CCC) for the three months ended in . 20 was 0.00.


Mitchell Communication Group Limited Cash Conversion Cycle Historical Data

The historical data trend for Mitchell Communication Group Limited'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.

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Mitchell Communication Group Limited Cash Conversion Cycle Chart

Mitchell Communication Group Limited Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
Cash Conversion Cycle
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Mitchell Communication Group Limited Quarterly Data
Cash Conversion Cycle

Competitive Comparison of Mitchell Communication Group Limited's Cash Conversion Cycle

For the Advertising Agencies subindustry, Mitchell Communication Group Limited'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.


Mitchell Communication Group Limited's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mitchell Communication Group Limited's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mitchell Communication Group Limited's Cash Conversion Cycle falls into.



Mitchell Communication Group Limited 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.

Mitchell Communication Group Limited's Cash Conversion Cycle for the fiscal year that ended in Jun. 2010 is calculated as

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

Mitchell Communication Group Limited's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=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.


Mitchell Communication Group Limited  (ASX:MCU) 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.


Mitchell Communication Group Limited Cash Conversion Cycle Related Terms

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Mitchell Communication Group Limited (ASX:MCU) Business Description

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Mitchell Communication Services (MCU, formerly emitch Limited) is Australia's largest independently owned communications group, a media and buying agency, in Australia and New Zealand.

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