GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cuisine Solutions Inc (OTCPK:CUSI) » Definitions » Cash Conversion Cycle

CUSI (Cuisine Solutions) Cash Conversion Cycle : 54.75 (As of Mar. 2009)


View and export this data going back to . Start your Free Trial

What is Cuisine Solutions Cash Conversion Cycle?

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

Cuisine Solutions's Days Sales Outstanding for the three months ended in Mar. 2009 was 34.85.
Cuisine Solutions's Days Inventory for the three months ended in Mar. 2009 was 52.45.
Cuisine Solutions's Days Payable for the three months ended in Mar. 2009 was 32.55.
Therefore, Cuisine Solutions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2009 was 54.75.


Cuisine Solutions Cash Conversion Cycle Historical Data

The historical data trend for Cuisine Solutions'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.

Cuisine Solutions Cash Conversion Cycle Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.73 49.85 50.10 60.10 63.89

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 52.59 65.16 67.62 59.24 54.75

Competitive Comparison of Cuisine Solutions's Cash Conversion Cycle

For the Packaged Foods subindustry, Cuisine Solutions'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.


Cuisine Solutions's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Cuisine Solutions's Cash Conversion Cycle falls into.



Cuisine Solutions 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.

Cuisine Solutions's Cash Conversion Cycle for the fiscal year that ended in Jun. 2008 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=29.59+69.41-35.11
=63.89

Cuisine Solutions's Cash Conversion Cycle for the quarter that ended in Mar. 2009 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=34.85+52.45-32.55
=54.75

* 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.


Cuisine Solutions  (OTCPK:CUSI) 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.


Cuisine Solutions Cash Conversion Cycle Related Terms

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


Cuisine Solutions Business Description

Traded in Other Exchanges
N/A
Address
22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.
Executives
Yuyun Tristan Kuo officer: CFO, Treasurer, and Secretary 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312