Caspian Services's Days Sales Outstanding for the
three
months ended in Jun. 2016 was 77.49.
Caspian Services's Days Inventory for the
three
months ended in Jun. 2016 was 32.04.
Caspian Services's Days Payable for the
three
months ended in Jun. 2016 was 95.24.
Therefore, Caspian Services's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2016 was 14.29.
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.
Caspian Services Cash Conversion Cycle Related Terms
Caspian Services Cash Conversion Cycle Historical Data
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The historical data trend for Caspian Services'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.
CSSV vs GLRI, TIRTZ, GLFH: Cash Conversion Cycle Comparison
For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.
Caspian Services Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Caspian Services's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Caspian Services'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.
Caspian Services's Cash Conversion Cycle for the fiscal year that ended in Sep. 2015 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.
Caspian Services (CSSV) has a Cash Conversion Cycle of 14.29 as of Jun. 2016. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Caspian Services and its competitors.
Is Caspian Services' Cash Conversion Cycle too high?
Caspian Services' current Cash Conversion Cycle is 14.29. The Oil & Gas industry median Cash Conversion Cycle is 18.48. Caspian Services' value of 14.29 is 22.7% below this industry median.
How does Caspian Services' Cash Conversion Cycle compare to GLRI and TIRTZ?
Caspian Services' Cash Conversion Cycle of 14.29 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.48. Caspian Services' value of 14.29 is 22.7% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.48, based on 915 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. Caspian Services's current Cash Conversion Cycle of 14.29 is 22.7% 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 Caspian Services and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspian Services's current Cash Conversion Cycle is 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Cash Conversion Cycle of 14.29. The current Cash Conversion Cycle is 14.29 and 22.7% below the Oil & Gas industry median of 18.48. 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 Caspian Services (CSSV), the current Cash Conversion Cycle is 14.29 as of Jun. 2016. 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.
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
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