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Blue Earth Resources (Blue Earth Resources) Cash Conversion Cycle : -63.46 (As of Nov. 2004)


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What is Blue Earth Resources Cash Conversion Cycle?

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

Blue Earth Resources's Days Sales Outstanding for the three months ended in Nov. 2004 was 57.12.
Blue Earth Resources's Days Inventory for the three months ended in Nov. 2004 was 95.81.
Blue Earth Resources's Days Payable for the three months ended in Nov. 2004 was 216.39.
Therefore, Blue Earth Resources's Cash Conversion Cycle (CCC) for the three months ended in Nov. 2004 was -63.46.


Blue Earth Resources Cash Conversion Cycle Historical Data

The historical data trend for Blue Earth Resources'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.

Blue Earth Resources Cash Conversion Cycle Chart

Blue Earth Resources Annual Data
Trend Feb03 Feb04
Cash Conversion Cycle
-63.80 -35.15

Blue Earth Resources Quarterly Data
May00 Aug00 Nov00 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.20 -34.22 -52.96 -18.08 -63.46

Competitive Comparison of Blue Earth Resources's Cash Conversion Cycle

For the Oil & Gas Refining & Marketing subindustry, Blue Earth Resources'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.


Blue Earth Resources's Cash Conversion Cycle Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Blue Earth Resources's Cash Conversion Cycle falls into.



Blue Earth Resources 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.

Blue Earth Resources's Cash Conversion Cycle for the fiscal year that ended in Feb. 2004 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=91.42+94.93-221.5
=-35.15

Blue Earth Resources's Cash Conversion Cycle for the quarter that ended in Nov. 2004 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=57.12+95.81-216.39
=-63.46

* 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.


Blue Earth Resources  (OTCPK:BERI) 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.


Blue Earth Resources Cash Conversion Cycle Related Terms

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Blue Earth Resources (Blue Earth Resources) Business Description

Traded in Other Exchanges
N/A
Address
303 S. Weisgarber Road, Suite 311, Knoxville, TN, USA, 37919
Blue Earth Resources Inc is engaged in the fuel wholesale supply business currently operating in the southeastern United States along with the Colonial and Plantation pipeline systems. It provides custom-designed solutions to refined fuel procurement (branded and private label), supply and logistics challenges. It also provides a customized composite of risk management services, specializing in the computation of industry, financial and geo-political information to assist each customer in making real-time market decisions. The company generates the majority of its revenue from Fuel sales.