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LaSalle Brands (FRA:UGW3) Cash Conversion Cycle : 0.00 (As of Sep. 2007)


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What is LaSalle Brands Cash Conversion Cycle?

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

LaSalle Brands's Days Sales Outstanding for the three months ended in Sep. 2007 was 0.
LaSalle Brands's Days Inventory for the three months ended in Sep. 2007 was 0.
LaSalle Brands's Days Payable for the three months ended in Sep. 2007 was 0.
Therefore, LaSalle Brands's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2007 was 0.00.


LaSalle Brands Cash Conversion Cycle Historical Data

The historical data trend for LaSalle Brands'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.

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LaSalle Brands Cash Conversion Cycle Chart

LaSalle Brands Annual Data
Trend Aug00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Cash Conversion Cycle
Get a 7-Day Free Trial -1,988.43 -1,713.47 -57,205.45 12,045.00 502.89

LaSalle Brands Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 - - - - -

Competitive Comparison of LaSalle Brands's Cash Conversion Cycle

For the Shell Companies subindustry, LaSalle Brands'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.


LaSalle Brands's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LaSalle Brands's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where LaSalle Brands's Cash Conversion Cycle falls into.



LaSalle Brands 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.

LaSalle Brands's Cash Conversion Cycle for the fiscal year that ended in Dec. 2006 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=502.89+0-0
=502.89

LaSalle Brands's Cash Conversion Cycle for the quarter that ended in Sep. 2007 is calculated as:

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


LaSalle Brands  (FRA:UGW3) 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.


LaSalle Brands Cash Conversion Cycle Related Terms

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LaSalle Brands (FRA:UGW3) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 West Xianhu Avenue,, 22nd Floor, Zhongmao International Building, Nanning City, CHN
1399 Internet Technology Application Group Inc is a shell company.

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