FRGY (Frontier Energy) Cash Conversion Cycle: 0.00 (As of Sep. 2008)


What is Frontier Energy Cash Conversion Cycle?

Frontier Energy FRGY -90.00% Cash Conversion Cycle is 0.00 as of Sep. 2008.

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

Frontier Energy's Days Sales Outstanding for the three months ended in Sep. 2008 was 0.
Frontier Energy's Days Inventory for the three months ended in Sep. 2008 was 0.
Frontier Energy's Days Payable for the three months ended in Sep. 2008 was 0.
Therefore, Frontier Energy's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2008 was 0.00.


Frontier Energy  (OTCPK:FRGY) 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.


Frontier Energy Cash Conversion Cycle Related Terms


Frontier Energy Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Frontier Energy'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.

Frontier Energy Cash Conversion Cycle Chart

Frontier Energy Annual Data
Trend Feb00 Feb01 Dec02 Dec03 Dec04 Dec05 Dec06
Cash Conversion Cycle
Get a 7-Day Free Trial 30.90 0.00 0.00 0.00 -8,230.75

Frontier Energy Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08
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

FRGY vs PGNPQ, SOIGF, MKSEF: Cash Conversion Cycle Comparison

For the Oil & Gas Drilling subindustry, Frontier Energy'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.


Frontier Energy Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontier Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Frontier Energy's Cash Conversion Cycle falls into.



Frontier Energy 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.

Frontier Energy'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
=0+0-8230.75
=-8,230.75

Frontier Energy's Cash Conversion Cycle for the quarter that ended in Sep. 2008 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.00 mean?
Frontier Energy (FRGY) has a Cash Conversion Cycle of 0.00 as of Sep. 2008. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Frontier Energy and its competitors.
Is Frontier Energy's Cash Conversion Cycle too high?
Frontier Energy's current Cash Conversion Cycle is 0.00.
How does Frontier Energy's Cash Conversion Cycle compare to PGNPQ and SOIGF?
Frontier Energy's Cash Conversion Cycle of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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 Frontier Energy and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Energy'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 Frontier Energy stock overvalued right now?
Frontier Energy (FRGY) 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 Frontier Energy (FRGY), the current Cash Conversion Cycle is 0.00 as of Sep. 2008. 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.

Frontier Energy Business Description

Industry EnergyOil & Gas
Address 8904-60th Avenue NW, Edmonton, AB, CAN, T6E6A6
Frontier Energy Corp is engaged in providing oil drilling services.