IGS Capital Group's Days Sales Outstanding for the
three
months ended in Dec. 2017 was 0.
IGS Capital Group's Days Inventory for the
three
months ended in Dec. 2017 was 35.95.
IGS Capital Group's Days Payable for the
three
months ended in Dec. 2017 was 16.59.
Therefore, IGS Capital Group's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2017 was 19.36.
IGS Capital Group (OTCPK:IGSC) 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.
IGS Capital Group Cash Conversion Cycle Related Terms
IGS Capital Group Cash Conversion Cycle Historical Data
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The historical data trend for IGS Capital 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.
IGSC vs PUSH, IFMK, HWIN: Cash Conversion Cycle Comparison
For the Building Materials subindustry, IGS Capital 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.
IGS Capital Group Cash Conversion Cycle vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, IGS Capital Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where IGS Capital Group's Cash Conversion Cycle falls into.
IGS Capital 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.
IGS Capital Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as
* 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.
IGS Capital Group (IGSC) has a Cash Conversion Cycle of 19.36 as of Dec. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IGS Capital Group and its competitors.
Is IGS Capital Group's Cash Conversion Cycle too high?
IGS Capital Group's current Cash Conversion Cycle is 19.36. The Building Materials industry median Cash Conversion Cycle is 75.61. IGS Capital Group's value of 19.36 is 74.4% below this industry median.
How does IGS Capital Group's Cash Conversion Cycle compare to PUSH and IFMK?
IGS Capital Group's Cash Conversion Cycle of 19.36 can be compared against companies in the Building Materials industry. The industry median Cash Conversion Cycle is 75.61. IGS Capital Group's value of 19.36 is 74.4% below 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 Building Materials company?
The median Cash Conversion Cycle among Building Materials companies is 75.61, based on 402 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. IGS Capital Group's current Cash Conversion Cycle of 19.36 is 74.4% below 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 IGS Capital Group and its competitors. For the Building Materials industry, the median Cash Conversion Cycle is 75.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGS Capital Group's current Cash Conversion Cycle is 19.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGS Capital Group stock overvalued right now?
IGS Capital Group (IGSC) has a current Cash Conversion Cycle of 19.36. The current Cash Conversion Cycle is 19.36 and 74.4% below the Building Materials industry median of 75.61. 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 IGS Capital Group (IGSC), the current Cash Conversion Cycle is 19.36 as of Dec. 2017. 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.
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.
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