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Location Based Technologies (Location Based Technologies) Cash Conversion Cycle : 198.15 (As of May. 2015)


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What is Location Based Technologies Cash Conversion Cycle?

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

Location Based Technologies's Days Sales Outstanding for the three months ended in May. 2015 was 23.56.
Location Based Technologies's Days Inventory for the three months ended in May. 2015 was 174.59.
Location Based Technologies's Days Payable for the three months ended in May. 2015 was 0.
Therefore, Location Based Technologies's Cash Conversion Cycle (CCC) for the three months ended in May. 2015 was 198.15.


Location Based Technologies Cash Conversion Cycle Historical Data

The historical data trend for Location Based Technologies'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.

Location Based Technologies Cash Conversion Cycle Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -3,331.51 -26,170.50 17.99 33.48 201.31

Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 105.79 171.67 233.12 312.63 198.15

Competitive Comparison of Location Based Technologies's Cash Conversion Cycle

For the Scientific & Technical Instruments subindustry, Location Based Technologies'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.


Location Based Technologies's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Location Based Technologies's Cash Conversion Cycle distribution charts can be found below:

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



Location Based Technologies 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.

Location Based Technologies's Cash Conversion Cycle for the fiscal year that ended in Aug. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=16.71+184.6-0
=201.31

Location Based Technologies's Cash Conversion Cycle for the quarter that ended in May. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=23.56+174.59-0
=198.15

* 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.


Location Based Technologies  (OTCPK:LBAS) 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.


Location Based Technologies Cash Conversion Cycle Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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