CGAC (Code Green Apparel) Cash Conversion Cycle: -7,185.94 (As of Sep. 2017)

What is Code Green Apparel Cash Conversion Cycle?

Code Green Apparel CGAC Cash Conversion Cycle is -7,185.94 as of Sep. 2017.

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

Code Green Apparel's Days Sales Outstanding for the three months ended in Sep. 2017 was 0.
Code Green Apparel's Days Inventory for the three months ended in Sep. 2017 was 0.
Code Green Apparel's Days Payable for the three months ended in Sep. 2017 was 7185.94.
Therefore, Code Green Apparel's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2017 was -7,185.94.

Code Green Apparel (OTCPK:CGAC) 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.

Code Green Apparel Cash Conversion Cycle Related Terms

Code Green Apparel Cash Conversion Cycle Historical Data

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The historical data trend for Code Green Apparel'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.

Code Green Apparel Cash Conversion Cycle Chart

Code Green Apparel Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Cash Conversion Cycle

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0.00

-177.68

Code Green Apparel Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash Conversion Cycle	Get a 7-Day Free Trial															-30.87	-129.72	-1,164.13	0.00	-7,185.94

Code Green Apparel Cash Conversion Cycle Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Cash Conversion Cycle falls into.

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Code Green Apparel 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.

Code Green Apparel's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	10.86	+	148.95	-	337.49
	=	-177.68

Code Green Apparel's Cash Conversion Cycle for the quarter that ended in Sep. 2017 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	0	-	7185.94
	=	-7,185.94

Frequently Asked Questions Learn more about Cash Conversion Cycle →

What does a Cash Conversion Cycle of -7,185.94 mean?

Code Green Apparel (CGAC) has a Cash Conversion Cycle of -7,185.94 as of Sep. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Code Green Apparel and its competitors.

Is Code Green Apparel's Cash Conversion Cycle too high?

Code Green Apparel's current Cash Conversion Cycle is -7,185.94.

How does Code Green Apparel's Cash Conversion Cycle compare to competitors?

Code Green Apparel's Cash Conversion Cycle of -7,185.94 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 2.25. 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 Capital Markets company?

The median Cash Conversion Cycle among Capital Markets companies is 2.25, based on 637 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. 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 Code Green Apparel and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Green Apparel's current Cash Conversion Cycle is -7,185.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Code Green Apparel stock overvalued right now?

Code Green Apparel (CGAC) has a current Cash Conversion Cycle of -7,185.94. The current Cash Conversion Cycle is -7,185.94. 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 Code Green Apparel (CGAC), the current Cash Conversion Cycle is -7,185.94 as of Sep. 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.

Code Green Apparel Business Description

Industry Financial Services Capital Markets

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Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738

Website https://www.artdigitalcorp.com

Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.