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Global Technologies Group (Global Technologies Group) Cash Conversion Cycle : 100.00 (As of Jun. 2007)


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What is Global Technologies Group Cash Conversion Cycle?

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

Global Technologies Group's Days Sales Outstanding for the six months ended in Jun. 2007 was 100.
Global Technologies Group's Days Inventory for the six months ended in Jun. 2007 was .
Global Technologies Group's Days Payable for the six months ended in Jun. 2007 was .
Therefore, Global Technologies Group's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2007 was 100.00.


Global Technologies Group Cash Conversion Cycle Historical Data

The historical data trend for Global Technologies Group'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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Global Technologies Group Cash Conversion Cycle Chart

Global Technologies Group Annual Data
Trend Jun06 Jun07
Cash Conversion Cycle
132.73 100.00

Global Technologies Group Semi-Annual Data
Jun06 Jun07
Cash Conversion Cycle 132.73 100.00

Competitive Comparison of Global Technologies Group's Cash Conversion Cycle

For the Waste Management subindustry, Global Technologies Group'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.


Global Technologies Group's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Global Technologies Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Global Technologies Group's Cash Conversion Cycle falls into.



Global Technologies Group 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.

Global Technologies Group's Cash Conversion Cycle for the fiscal year that ended in Jun. 2007 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=100+-
=100.00

Global Technologies Group's Cash Conversion Cycle for the quarter that ended in Jun. 2007 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=100+-
=100.00

* 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.


Global Technologies Group  (GREY:GTGP) 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.


Global Technologies Group Cash Conversion Cycle Related Terms

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Global Technologies Group (Global Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
1304 North Lake Shore Drive, Sarasota, FL, USA, 34231
Global Technologies Group Inc is engaged in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries.

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