BlueFire Equipment's Days Sales Outstanding for the
three
months ended in Sep. 2013 was 73.
BlueFire Equipment's Days Inventory for the
three
months ended in Sep. 2013 was 131.51.
BlueFire Equipment's Days Payable for the
three
months ended in Sep. 2013 was 0.
Therefore, BlueFire Equipment's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2013 was 204.51.
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.
BlueFire Equipment Cash Conversion Cycle Related Terms
BlueFire Equipment Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for BlueFire Equipment'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.
BLFR vs TIRTZ, ESES, GLFH: Cash Conversion Cycle Comparison
For the Shell Companies subindustry, BlueFire Equipment'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.
BlueFire Equipment Cash Conversion Cycle vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, BlueFire Equipment's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where BlueFire Equipment's Cash Conversion Cycle falls into.
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.
BlueFire Equipment's Cash Conversion Cycle for the fiscal year that ended in Dec. 2012 is calculated as
* 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.
BlueFire Equipment (BLFR) has a Cash Conversion Cycle of 204.51 as of Sep. 2013. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BlueFire Equipment and its competitors.
Is BlueFire Equipment's Cash Conversion Cycle too high?
BlueFire Equipment's current Cash Conversion Cycle is 204.51. The Diversified Financial Services industry median Cash Conversion Cycle is 1.19. BlueFire Equipment's value of 204.51 is 17158.2% above this industry median.
How does BlueFire Equipment's Cash Conversion Cycle compare to TIRTZ and ESES?
BlueFire Equipment's Cash Conversion Cycle of 204.51 can be compared against companies in the Diversified Financial Services industry. The industry median Cash Conversion Cycle is 1.19. BlueFire Equipment's value of 204.51 is 17158.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Diversified Financial Services company?
The median Cash Conversion Cycle among Diversified Financial Services companies is 1.19, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlueFire Equipment's current Cash Conversion Cycle of 204.51 is 17158.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BlueFire Equipment and its competitors. For the Diversified Financial Services industry, the median Cash Conversion Cycle is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueFire Equipment's current Cash Conversion Cycle is 204.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueFire Equipment stock overvalued right now?
BlueFire Equipment (BLFR) has a current Cash Conversion Cycle of 204.51. The current Cash Conversion Cycle is 204.51 and 17158.2% above the Diversified Financial Services industry median of 1.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For BlueFire Equipment (BLFR), the current Cash Conversion Cycle is 204.51 as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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