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WDS (ASX:WDS) Cash Conversion Cycle : 0.00 (As of Dec. 2014)


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What is WDS Cash Conversion Cycle?

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

WDS's Days Sales Outstanding for the six months ended in Dec. 2014 was 0.
WDS's Days Inventory for the six months ended in Dec. 2014 was 0.
WDS's Days Payable for the six months ended in Dec. 2014 was 0.
Therefore, WDS's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2014 was 0.00.


WDS Cash Conversion Cycle Historical Data

The historical data trend for WDS'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.

WDS Cash Conversion Cycle Chart

WDS Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -16.27 -15.68 -20.18 -16.36 -10.99

WDS Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 - - - - -

Competitive Comparison of WDS's Cash Conversion Cycle

For the Engineering & Construction subindustry, WDS'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.


WDS's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, WDS's Cash Conversion Cycle distribution charts can be found below:

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



WDS 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.

WDS's Cash Conversion Cycle for the fiscal year that ended in Jun. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+3.55-14.54
=-10.99

WDS's Cash Conversion Cycle for the quarter that ended in Dec. 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.


WDS  (ASX:WDS) 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.


WDS Cash Conversion Cycle Related Terms

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


WDS (ASX:WDS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
WDS Limited is an Australian provider of the development, design, engineering, construction, fabrication and maintenance related services to the cross-section of energy, mining and infrastructure sectors in Australia. The Company delivers services through two divisions, being Energy & Infrastructure and Mining.

WDS (ASX:WDS) Headlines

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