GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electronic Control Security Inc (OTCPK:EKCS) » Definitions » Cash Conversion Cycle

Electronic Control Security (Electronic Control Security) Cash Conversion Cycle : 1,068.96 (As of Mar. 2014)


View and export this data going back to 2001. Start your Free Trial

What is Electronic Control Security Cash Conversion Cycle?

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

Electronic Control Security's Days Sales Outstanding for the three months ended in Mar. 2014 was 703.59.
Electronic Control Security's Days Inventory for the three months ended in Mar. 2014 was 1395.3.
Electronic Control Security's Days Payable for the three months ended in Mar. 2014 was 1029.93.
Therefore, Electronic Control Security's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2014 was 1,068.96.


Electronic Control Security Cash Conversion Cycle Historical Data

The historical data trend for Electronic Control Security'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.

Electronic Control Security Cash Conversion Cycle Chart

Electronic Control Security Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.66 99.47 229.30 385.89 636.04

Electronic Control Security Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 1,622.98 1,614.70 705.81 1,430.65 1,068.96

Competitive Comparison of Electronic Control Security's Cash Conversion Cycle

For the Security & Protection Services subindustry, Electronic Control Security'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.


Electronic Control Security's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Electronic Control Security's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Electronic Control Security's Cash Conversion Cycle falls into.



Electronic Control Security 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.

Electronic Control Security's Cash Conversion Cycle for the fiscal year that ended in Jun. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=271.71+850.55-486.22
=636.04

Electronic Control Security's Cash Conversion Cycle for the quarter that ended in Mar. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=703.59+1395.3-1029.93
=1,068.96

* 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.


Electronic Control Security  (OTCPK:EKCS) 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.


Electronic Control Security Cash Conversion Cycle Related Terms

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


Electronic Control Security (Electronic Control Security) Business Description

Traded in Other Exchanges
N/A
Address
790 Bloomfield Avenue, Building C-1, Clifton, NJ, USA, 07012
Electronic Control Security Inc is a single source security technology provider. It designs, manufactures, and supplies standalone and fully integrated state-of-the-art entry control and perimeter intrusion detection systems for the Department of Defense, Department of Energy, nuclear power stations, and various international customers. ECSI designs and interfaces commercial-off-the-shelf hardware, offering systems that are cost-effective and flexible to achieve a secure and normal environment for a facility. Its products are Advanced Radar Technologies; Water Infrastructure Sensing Equipment; Flight Line Security and Others.
Executives
Stephen Rossetti director 5408 DUVALL DR, BETHESDA MD 20816-1872
Gordon E Fornell director
Norman J Barta director C/O NEPHROS, INC., 3960 BROADWAY, NEW YORK NY 10032

Electronic Control Security (Electronic Control Security) Headlines

No Headlines