CMOT (Curtiss Motorcycles Co) Cash Conversion Cycle: 83.67 (As of Sep. 2015)

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What is Curtiss Motorcycles Co Cash Conversion Cycle?

Curtiss Motorcycles Co CMOT Cash Conversion Cycle is 83.67 as of Sep. 2015.

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

Curtiss Motorcycles Co's Days Sales Outstanding for the three months ended in Sep. 2015 was 0.96.
Curtiss Motorcycles Co's Days Inventory for the three months ended in Sep. 2015 was 134.52.
Curtiss Motorcycles Co's Days Payable for the three months ended in Sep. 2015 was 51.81.
Therefore, Curtiss Motorcycles Co's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2015 was 83.67.


Curtiss Motorcycles Co  (OTCPK:CMOT) 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.


Curtiss Motorcycles Co Cash Conversion Cycle Related Terms


Curtiss Motorcycles Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Curtiss Motorcycles Co'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.

Curtiss Motorcycles Co Cash Conversion Cycle Chart

Curtiss Motorcycles Co Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 376.65 128.17 96.04 52.04 82.62

Curtiss Motorcycles Co Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 100.45 83.13 126.61 119.11 83.67

CMOT vs FUV, MCFT, MPX: Cash Conversion Cycle Comparison

For the Recreational Vehicles subindustry, Curtiss Motorcycles Co'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.


Curtiss Motorcycles Co Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Curtiss Motorcycles Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Curtiss Motorcycles Co's Cash Conversion Cycle falls into.



Curtiss Motorcycles Co 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.

Curtiss Motorcycles Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+139.83-57.21
=82.62

Curtiss Motorcycles Co's Cash Conversion Cycle for the quarter that ended in Sep. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0.96+134.52-51.81
=83.67

* 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 83.67 mean?
Curtiss Motorcycles Co (CMOT) has a Cash Conversion Cycle of 83.67 as of Sep. 2015. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Curtiss Motorcycles Co and its competitors.
Is Curtiss Motorcycles Co's Cash Conversion Cycle too high?
Curtiss Motorcycles Co's current Cash Conversion Cycle is 83.67. The Vehicles & Parts industry median Cash Conversion Cycle is 66.74. Curtiss Motorcycles Co's value of 83.67 is 25.4% above this industry median.
How does Curtiss Motorcycles Co's Cash Conversion Cycle compare to FUV and MCFT?
Curtiss Motorcycles Co's Cash Conversion Cycle of 83.67 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 66.74. Curtiss Motorcycles Co's value of 83.67 is 25.4% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 66.74, based on 1,324 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. Curtiss Motorcycles Co's current Cash Conversion Cycle of 83.67 is 25.4% 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 Curtiss Motorcycles Co and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 66.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Curtiss Motorcycles Co's current Cash Conversion Cycle is 83.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Curtiss Motorcycles Co stock overvalued right now?
Curtiss Motorcycles Co (CMOT) has a current Cash Conversion Cycle of 83.67. The current Cash Conversion Cycle is 83.67 and 25.4% above the Vehicles & Parts industry median of 66.74. 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 Curtiss Motorcycles Co (CMOT), the current Cash Conversion Cycle is 83.67 as of Sep. 2015. 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.

Curtiss Motorcycles Co Business Description

Address 8118 Parkway Drive, Leeds, AL, USA, 35094
Curtiss Motorcycles Co Inc is an American manufacturer of handcrafted luxury electric motorbikes. The Company is the creator of the motorcycles pre-sold online. Operations of the company are conducted in the United States and generate revenue from sales of motorbikes and other related products and services.