GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Drone Services USA Inc (OTCPK:DSUS) » Definitions » Cash Conversion Cycle

Drone Services USA (Drone Services USA) Cash Conversion Cycle : 319.38 (As of Mar. 2006)


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

What is Drone Services USA Cash Conversion Cycle?

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

Drone Services USA's Days Sales Outstanding for the three months ended in Mar. 2006 was 319.38.
Drone Services USA's Days Inventory for the three months ended in Mar. 2006 was 0.
Drone Services USA's Days Payable for the three months ended in Mar. 2006 was 0.
Therefore, Drone Services USA's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2006 was 319.38.


Drone Services USA Cash Conversion Cycle Historical Data

The historical data trend for Drone Services USA'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.

Drone Services USA Cash Conversion Cycle Chart

Drone Services USA Annual Data
Trend Dec00 Dec01 Jun03 Jun04 Jun05
Cash Conversion Cycle
- -2,226.50 -222.46 -5,090.57 -

Drone Services USA Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06
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 - - 91.25 114.06 319.38

Competitive Comparison of Drone Services USA's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Drone Services USA'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.


Drone Services USA's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Drone Services USA's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Drone Services USA's Cash Conversion Cycle falls into.



Drone Services USA 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.

Drone Services USA's Cash Conversion Cycle for the fiscal year that ended in Jun. 2005 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Drone Services USA's Cash Conversion Cycle for the quarter that ended in Mar. 2006 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=319.38+0-0
=319.38

* 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.


Drone Services USA  (OTCPK:DSUS) 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.


Drone Services USA Cash Conversion Cycle Related Terms

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


Drone Services USA (Drone Services USA) Business Description

Traded in Other Exchanges
N/A
Address
1421 N. Leroy Street, Suite 131, Fenton, WA, USA, 48430
Drone Services USA Inc is engaged in manufacturing & providing solutions for commercial duty aerial vehicle drones & related equipment for use in search & rescue, law enforcement, fire services, aerial inspection, wildlife monitoring, & anti-poaching.

Drone Services USA (Drone Services USA) Headlines

No Headlines