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Cono Italiano (Cono Italiano) Cash Conversion Cycle : -611.91 (As of Sep. 2013)


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What is Cono Italiano Cash Conversion Cycle?

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

Cono Italiano's Days Sales Outstanding for the three months ended in Sep. 2013 was 136.88.
Cono Italiano's Days Inventory for the three months ended in Sep. 2013 was 85.88.
Cono Italiano's Days Payable for the three months ended in Sep. 2013 was 834.67.
Therefore, Cono Italiano's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2013 was -611.91.


Cono Italiano Cash Conversion Cycle Historical Data

The historical data trend for Cono Italiano'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.

* Premium members only.

Cono Italiano Cash Conversion Cycle Chart

Cono Italiano Annual Data
Trend Nov05 Nov06 Jan08 Jan09 Dec10 Dec11 Dec12
Cash Conversion Cycle
Get a 7-Day Free Trial - - - - -414.75

Cono Italiano Quarterly Data
Oct08 Jan09 Apr09 Jul09 Oct09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -170.63 -4,563.45 -689.95 -1,041.08 -611.91

Competitive Comparison of Cono Italiano's Cash Conversion Cycle

For the Packaged Foods subindustry, Cono Italiano'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.


Cono Italiano's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cono Italiano's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Cono Italiano's Cash Conversion Cycle falls into.



Cono Italiano 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.

Cono Italiano's Cash Conversion Cycle for the fiscal year that ended in Dec. 2012 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=5.93+0-420.68
=-414.75

Cono Italiano's Cash Conversion Cycle for the quarter that ended in Sep. 2013 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=136.88+85.88-834.67
=-611.91

* 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.


Cono Italiano  (GREY:CNOZ) 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.


Cono Italiano Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Cono Italiano's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Cono Italiano (Cono Italiano) Business Description

Traded in Other Exchanges
N/A
Address
10 Main Street, Keyport, NJ, USA, 07735
Cono Italiano Inc was incorporated in the State of Nevada on September 9, 2004. It is a development stage company. It operates in fast food industry throughout the United States, Canada and Mexico and currently sell them in stadiums, arenas, at universities and through catering companies. Cono Italiano is licensed to distribute a food product called the 'Pizza Cono'. The Company intends to contact food distributors who sell to the restaurant community to distribute the product. The Company will seek to develop relationships with independent commissioned sales representatives throughout the country to sell and market the product to the retail community and specialty customers.

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