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Sing Pao Media Enterprises (HKSE:08010) Cash Conversion Cycle : 0.00 (As of Dec. 2014)


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What is Sing Pao Media Enterprises Cash Conversion Cycle?

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

Sing Pao Media Enterprises's Days Sales Outstanding for the three months ended in Dec. 2014 was 0.
Sing Pao Media Enterprises's Days Inventory for the three months ended in Dec. 2014 was 0.
Sing Pao Media Enterprises's Days Payable for the three months ended in Dec. 2014 was 0.
Therefore, Sing Pao Media Enterprises's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2014 was 0.00.


Sing Pao Media Enterprises Cash Conversion Cycle Historical Data

The historical data trend for Sing Pao Media Enterprises'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.

* Premium members only.

Sing Pao Media Enterprises Cash Conversion Cycle Chart

Sing Pao Media Enterprises Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -161.97 -143.66 2.13 179.19 136.85

Sing Pao Media Enterprises Quarterly Data
Mar08 Mar09 Sep09 Mar10 Sep10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14
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 184.88 150.42 104.14 213.38 -

Competitive Comparison of Sing Pao Media Enterprises's Cash Conversion Cycle

For the Publishing subindustry, Sing Pao Media Enterprises'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.


Sing Pao Media Enterprises's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Pao Media Enterprises's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sing Pao Media Enterprises's Cash Conversion Cycle falls into.



Sing Pao Media Enterprises 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.

Sing Pao Media Enterprises's Cash Conversion Cycle for the fiscal year that ended in Mar. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=136.85+0-0
=136.85

Sing Pao Media Enterprises's Cash Conversion Cycle for the quarter that ended in Dec. 2014 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.


Sing Pao Media Enterprises  (HKSE:08010) 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.


Sing Pao Media Enterprises Cash Conversion Cycle Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description

Traded in Other Exchanges
N/A
Address
SMI Publishing Group Ltd., along with its subsidiaries, is active in the field of publishing and engaged in the publication of newspapers, magazines and books. The principal activities of the Company are publication of newspapers and books; and provisions of advertising and promotion services.

Sing Pao Media Enterprises (HKSE:08010) Headlines

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