FBCD (FBC Holding) Cash Conversion Cycle: 0.00 (As of Apr. 2013)


What is FBC Holding Cash Conversion Cycle?

FBC Holding FBCD +4.65% Cash Conversion Cycle is 0.00 as of Apr. 2013.

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

FBC Holding's Days Sales Outstanding for the three months ended in Apr. 2013 was 0.
FBC Holding's Days Inventory for the three months ended in Apr. 2013 was .
FBC Holding's Days Payable for the three months ended in Apr. 2013 was .
Therefore, FBC Holding's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2013 was 0.00.

FBC Holding  (OTCPK:FBCD) 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.

FBC Holding Cash Conversion Cycle Related Terms

FBC Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for FBC Holding'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.

FBC Holding Cash Conversion Cycle Chart

FBC Holding Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Cash Conversion Cycle
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -2,756.71

FBC Holding Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 0.00 0.00 0.00 0.00 0.00

FBCD vs CEENF, NCAP, KSIX: Cash Conversion Cycle Comparison

For the Apparel Retail subindustry, FBC Holding'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.

FBC Holding Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, FBC Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where FBC Holding's Cash Conversion Cycle falls into.


FBC Holding 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.

FBC Holding's Cash Conversion Cycle for the fiscal year that ended in Jul. 2012 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-2756.71
=-2,756.71

FBC Holding's Cash Conversion Cycle for the quarter that ended in Apr. 2013 is calculated as:

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

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.00 mean?
FBC Holding (FBCD) has a Cash Conversion Cycle of 0.00 as of Apr. 2013. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on FBC Holding and its competitors.
Is FBC Holding's Cash Conversion Cycle too high?
FBC Holding's current Cash Conversion Cycle is 0.00.
How does FBC Holding's Cash Conversion Cycle compare to CEENF and NCAP?
FBC Holding's Cash Conversion Cycle of 0.00 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.06. 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 a Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.06, based on 1,122 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. 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 FBC Holding and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FBC Holding's current Cash Conversion Cycle is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FBC Holding stock overvalued right now?
FBC Holding (FBCD) has a current Cash Conversion Cycle of 0.00. The current Cash Conversion Cycle is 0.00. 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 FBC Holding (FBCD), the current Cash Conversion Cycle is 0.00 as of Apr. 2013. 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.

FBC Holding Business Description

Address 3111 West Chandler Boulevard, Unit 2120, Chandler, AZ, USA, 85226
FBC Holding Inc is a retailer of streetwear clothing, headwear, and accessories. It specializes in streetwear-style apparel, including shirts, jackets, hoodies, crewnecks, sweatpants, hats, and beanies.