HAON (Halitron) Cash Conversion Cycle: 198.28 (As of Jun. 2008)


What is Halitron Cash Conversion Cycle?

Halitron HAON -99.00% Cash Conversion Cycle is 198.28 as of Jun. 2008.

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

Halitron's Days Sales Outstanding for the three months ended in Jun. 2008 was 243.6.
Halitron's Days Inventory for the three months ended in Jun. 2008 was 34.18.
Halitron's Days Payable for the three months ended in Jun. 2008 was 79.5.
Therefore, Halitron's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2008 was 198.28.

Halitron  (OTCPK:HAON) 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.

Halitron Cash Conversion Cycle Related Terms

Halitron Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Halitron'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.

Halitron Cash Conversion Cycle Chart

Halitron Annual Data
Trend Sep05 Sep06 Sep07
Cash Conversion Cycle
0.00 -41,670.83 0.00

Halitron Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -116.91 198.28

HAON vs PHIL, AAMTF, QMCI: Cash Conversion Cycle Comparison

For the Capital Markets subindustry, Halitron'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.

Halitron Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Halitron's Cash Conversion Cycle distribution charts can be found below:

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


Halitron 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.

Halitron's Cash Conversion Cycle for the fiscal year that ended in Sep. 2007 is calculated as

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

Halitron's Cash Conversion Cycle for the quarter that ended in Jun. 2008 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=243.6+34.18-79.5
=198.28

* 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 198.28 mean?
Halitron (HAON) has a Cash Conversion Cycle of 198.28 as of Jun. 2008. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Halitron and its competitors.
Is Halitron's Cash Conversion Cycle too high?
Halitron's current Cash Conversion Cycle is 198.28. The Capital Markets industry median Cash Conversion Cycle is 1.64. Halitron's value of 198.28 is 12027.2% above this industry median.
How does Halitron's Cash Conversion Cycle compare to PHIL and AAMTF?
Halitron's Cash Conversion Cycle of 198.28 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. Halitron's value of 198.28 is 12027.2% above this benchmark. 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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. Halitron's current Cash Conversion Cycle of 198.28 is 12027.2% above the industry median. 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 Halitron and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halitron's current Cash Conversion Cycle is 198.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halitron stock overvalued right now?
Halitron (HAON) has a current Cash Conversion Cycle of 198.28. The current Cash Conversion Cycle is 198.28 and 12027.2% above the Capital Markets industry median of 1.64. 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 Halitron (HAON), the current Cash Conversion Cycle is 198.28 as of Jun. 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.

Halitron Business Description

Address 3 Simm Lane, Suite 2F, Newtown, CT, USA, 06470
Halitron Inc is a multisector holding company. It is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling them into an efficient, low-cost operating infrastructure.