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MoneySwap (LSE:SWAP) Cash Conversion Cycle : -1,959.12 (As of Sep. 2016)


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What is MoneySwap Cash Conversion Cycle?

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

MoneySwap's Days Sales Outstanding for the six months ended in Sep. 2016 was 1.64.
MoneySwap's Days Inventory for the six months ended in Sep. 2016 was 0.
MoneySwap's Days Payable for the six months ended in Sep. 2016 was 1960.76.
Therefore, MoneySwap's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2016 was -1,959.12.


MoneySwap Cash Conversion Cycle Historical Data

The historical data trend for MoneySwap'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.

MoneySwap Cash Conversion Cycle Chart

MoneySwap Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -1,481.62 -67.94 -2,067.70 -6,710.04 -2,036.01

MoneySwap Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16
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 -5,238.46 -10,057.38 -4,190.36 -1,397.12 -1,959.12

Competitive Comparison of MoneySwap's Cash Conversion Cycle

For the Capital Markets subindustry, MoneySwap'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.


MoneySwap's Cash Conversion Cycle Distribution in the Capital Markets Industry

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

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



MoneySwap 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.

MoneySwap's Cash Conversion Cycle for the fiscal year that ended in Mar. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.31+0-2037.32
=-2,036.01

MoneySwap's Cash Conversion Cycle for the quarter that ended in Sep. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.64+0-1960.76
=-1,959.12

* 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.


MoneySwap  (LSE:SWAP) 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.


MoneySwap Cash Conversion Cycle Related Terms

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MoneySwap (LSE:SWAP) Business Description

Traded in Other Exchanges
N/A
Address
MoneySwap PLC was incorporated on April 12, 2006. The Company and its subsidiaries are engaged in providing prepaid card services and merchant acquisition services to China UnionPay, and operating an online peer to peer foreign exchange and payment platform. Its business lines include Prepaid cards, Merchant acquisition for CUP, and Small and medium-sized entities and International remittance. Its geographical segments include Europe and Asia-Pacific.

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