BRGS (Barrister Global Services Network) Cash Conversion Cycle: 45.39 (As of Jun. 2003)


What is Barrister Global Services Network Cash Conversion Cycle?

Barrister Global Services Network BRGS Cash Conversion Cycle is 45.39 as of Jun. 2003.

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

Barrister Global Services Network's Days Sales Outstanding for the three months ended in Jun. 2003 was 42.
Barrister Global Services Network's Days Inventory for the three months ended in Jun. 2003 was 25.06.
Barrister Global Services Network's Days Payable for the three months ended in Jun. 2003 was 21.67.
Therefore, Barrister Global Services Network's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2003 was 45.39.


Barrister Global Services Network  (GREY:BRGS) 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.


Barrister Global Services Network Cash Conversion Cycle Related Terms


Barrister Global Services Network Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Barrister Global Services Network'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.

Barrister Global Services Network Cash Conversion Cycle Chart

Barrister Global Services Network Annual Data
Trend Mar93 Mar94 Mar95 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.68 96.37 78.35 62.94 38.56

Barrister Global Services Network Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 44.61 41.65 48.43 38.80 45.39

BRGS vs FCCN, IMCI, AKRFF: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, Barrister Global Services Network'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.


Barrister Global Services Network Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Barrister Global Services Network's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Barrister Global Services Network's Cash Conversion Cycle falls into.



Barrister Global Services Network 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.

Barrister Global Services Network's Cash Conversion Cycle for the fiscal year that ended in Mar. 2003 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.05+26.99-23.48
=38.56

Barrister Global Services Network's Cash Conversion Cycle for the quarter that ended in Jun. 2003 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=42+25.06-21.67
=45.39

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 45.39 mean?
Barrister Global Services Network (BRGS) has a Cash Conversion Cycle of 45.39 as of Jun. 2003. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Barrister Global Services Network and its competitors.
Is Barrister Global Services Network's Cash Conversion Cycle too high?
Barrister Global Services Network's current Cash Conversion Cycle is 45.39. The Software industry median Cash Conversion Cycle is 32.23. Barrister Global Services Network's value of 45.39 is 40.9% above this industry median.
How does Barrister Global Services Network's Cash Conversion Cycle compare to FCCN and IMCI?
Barrister Global Services Network's Cash Conversion Cycle of 45.39 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.23. Barrister Global Services Network's value of 45.39 is 40.9% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.23, based on 2,804 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. Barrister Global Services Network's current Cash Conversion Cycle of 45.39 is 40.9% 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 Barrister Global Services Network and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current Cash Conversion Cycle is 45.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrister Global Services Network stock overvalued right now?
Barrister Global Services Network (BRGS) has a current Cash Conversion Cycle of 45.39. The current Cash Conversion Cycle is 45.39 and 40.9% above the Software industry median of 32.23. 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 Barrister Global Services Network (BRGS), the current Cash Conversion Cycle is 45.39 as of Jun. 2003. 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.

Barrister Global Services Network Business Description

Address 186 Exchange Street, Buffalo, NY, USA, 14204
Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.