Clearford Water Systems's Days Sales Outstanding for the
three
months ended in Sep. 2021 was 72.88.
Clearford Water Systems's Days Inventory for the
three
months ended in Sep. 2021 was 20.33.
Clearford Water Systems's Days Payable for the
three
months ended in Sep. 2021 was 0.
Therefore, Clearford Water Systems's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2021 was 93.21.
Clearford Water Systems (OTCPK:CLIRF) 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.
Clearford Water Systems Cash Conversion Cycle Related Terms
Clearford Water Systems Cash Conversion Cycle Historical Data
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The historical data trend for Clearford Water Systems'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.
Clearford Water Systems Cash Conversion Cycle Chart
CLIRF vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Clearford Water Systems'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.
Clearford Water Systems Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Clearford Water Systems's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Clearford Water Systems's Cash Conversion Cycle falls into.
Clearford Water Systems 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.
Clearford Water Systems's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 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.
Clearford Water Systems (CLIRF) has a Cash Conversion Cycle of 93.21 as of Sep. 2021. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Clearford Water Systems and its competitors.
Is Clearford Water Systems' Cash Conversion Cycle too high?
Clearford Water Systems' current Cash Conversion Cycle is 93.21. The Waste Management industry median Cash Conversion Cycle is 49.84. Clearford Water Systems' value of 93.21 is 87% above this industry median.
How does Clearford Water Systems' Cash Conversion Cycle compare to WM and RSG?
Clearford Water Systems' Cash Conversion Cycle of 93.21 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 49.84. Clearford Water Systems' value of 93.21 is 87% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 49.84, based on 241 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. Clearford Water Systems's current Cash Conversion Cycle of 93.21 is 87% 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 Clearford Water Systems and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 49.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearford Water Systems's current Cash Conversion Cycle is 93.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current Cash Conversion Cycle of 93.21. The current Cash Conversion Cycle is 93.21 and 87% above the Waste Management industry median of 49.84. 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 Clearford Water Systems (CLIRF), the current Cash Conversion Cycle is 93.21 as of Sep. 2021. 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.
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.
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