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The Graystone Co (The Graystone Co) Cash Conversion Cycle : -10.76 (As of Sep. 2013)


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What is The Graystone Co Cash Conversion Cycle?

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

The Graystone Co's Days Sales Outstanding for the three months ended in Sep. 2013 was 0.
The Graystone Co's Days Inventory for the three months ended in Sep. 2013 was 0.
The Graystone Co's Days Payable for the three months ended in Sep. 2013 was 10.76.
Therefore, The Graystone Co's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2013 was -10.76.


The Graystone Co Cash Conversion Cycle Historical Data

The historical data trend for The Graystone Co'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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The Graystone Co Cash Conversion Cycle Chart

The Graystone Co Annual Data
Trend Dec10 Dec11 Dec12
Cash Conversion Cycle
63.48 -38.95 31.04

The Graystone Co Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.14 -2.60 -10.18 -19.46 -10.76

Competitive Comparison of The Graystone Co's Cash Conversion Cycle

For the Mortgage Finance subindustry, The Graystone Co'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.


The Graystone Co's Cash Conversion Cycle Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Graystone Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where The Graystone Co's Cash Conversion Cycle falls into.



The Graystone Co 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.

The Graystone Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2012 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=39.03+0-7.99
=31.04

The Graystone Co's Cash Conversion Cycle for the quarter that ended in Sep. 2013 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-10.76
=-10.76

* 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.


The Graystone Co  (OTCPK:GYST) 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.


The Graystone Co Cash Conversion Cycle Related Terms

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The Graystone Co (The Graystone Co) Business Description

Traded in Other Exchanges
N/A
Address
2620 Regatta Drive, Suite 102, Las Vegas, CO, USA, 89128
The Graystone Co Inc is a holding company. It is involved in acquiring and developing mining properties amenable to low production cost. The company's mining operations mainly focus on acquiring properties that require a lower capital investment. Its projects include Gorilla, Graystone II and Graystone III located in Loreto and Amazonas, Peru.

The Graystone Co (The Graystone Co) Headlines

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