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Dewmar International BMC (Dewmar International BMC) Cash Conversion Cycle : -501.26 (As of Jun. 2017)


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What is Dewmar International BMC Cash Conversion Cycle?

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

Dewmar International BMC's Days Sales Outstanding for the three months ended in Jun. 2017 was 59.96.
Dewmar International BMC's Days Inventory for the three months ended in Jun. 2017 was 162.47.
Dewmar International BMC's Days Payable for the three months ended in Jun. 2017 was 723.69.
Therefore, Dewmar International BMC's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was -501.26.


Dewmar International BMC Cash Conversion Cycle Historical Data

The historical data trend for Dewmar International BMC'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.

Dewmar International BMC Cash Conversion Cycle Chart

Dewmar International BMC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.21 -708.55 -2,372.76 -164.81 -1,119.24

Dewmar International BMC Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec15 Dec16 Mar17 Jun17
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 -817.56 - - -1,391.50 -501.26

Competitive Comparison of Dewmar International BMC's Cash Conversion Cycle

For the Packaged Foods subindustry, Dewmar International BMC'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.


Dewmar International BMC's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dewmar International BMC's Cash Conversion Cycle falls into.



Dewmar International BMC 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.

Dewmar International BMC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=59+212.92-1391.16
=-1,119.24

Dewmar International BMC's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59.96+162.47-723.69
=-501.26

* 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.


Dewmar International BMC  (OTCPK:DEWM) 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.


Dewmar International BMC Cash Conversion Cycle Related Terms

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Dewmar International BMC (Dewmar International BMC) Business Description

Traded in Other Exchanges
N/A
Address
132 East Northside Drive, Suite C, Clinton, MS, USA, 39056
Dewmar International BMC Inc is focused on the processing, and sale of products derived from legal industrial hemp as well as manufacturing, marketing, and selling baked goods. Its brand name includes Kush Cakes.

Dewmar International BMC (Dewmar International BMC) Headlines