CES Synergies's Days Sales Outstanding for the
three
months ended in Mar. 2017 was 122.53.
CES Synergies's Days Inventory for the
three
months ended in Mar. 2017 was 3.32.
CES Synergies's Days Payable for the
three
months ended in Mar. 2017 was 91.35.
Therefore, CES Synergies's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2017 was 34.50.
CES Synergies (OTCPK:CESX) 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.
CES Synergies Cash Conversion Cycle Related Terms
CES Synergies Cash Conversion Cycle Historical Data
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The historical data trend for CES Synergies'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.
CESX vs ALAN, BSHF, ECMT: Cash Conversion Cycle Comparison
For the Waste Management subindustry, CES Synergies'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.
CES Synergies Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, CES Synergies's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where CES Synergies'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.
CES Synergies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 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.
CES Synergies (CESX) has a Cash Conversion Cycle of 34.50 as of Mar. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CES Synergies and its competitors.
Is CES Synergies' Cash Conversion Cycle too high?
CES Synergies' current Cash Conversion Cycle is 34.50. The Waste Management industry median Cash Conversion Cycle is 50.09. CES Synergies' value of 34.50 is 31.1% below this industry median.
How does CES Synergies' Cash Conversion Cycle compare to ALAN and BSHF?
CES Synergies' Cash Conversion Cycle of 34.50 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 50.09. CES Synergies' value of 34.50 is 31.1% below 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 50.09, based on 240 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. CES Synergies's current Cash Conversion Cycle of 34.50 is 31.1% below 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 CES Synergies and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 50.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CES Synergies's current Cash Conversion Cycle is 34.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Synergies stock overvalued right now?
CES Synergies (CESX) has a current Cash Conversion Cycle of 34.50. The current Cash Conversion Cycle is 34.50 and 31.1% below the Waste Management industry median of 50.09. 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 CES Synergies (CESX), the current Cash Conversion Cycle is 34.50 as of Mar. 2017. 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.
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.
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