Maison Luxe (Maison Luxe) Cash Conversion Cycle : -13.60 (As of Dec. 2011)

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What is Maison Luxe Cash Conversion Cycle?

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

Maison Luxe's Days Sales Outstanding for the three months ended in Dec. 2011 was 10.77.
Maison Luxe's Days Inventory for the three months ended in Dec. 2011 was 0.
Maison Luxe's Days Payable for the three months ended in Dec. 2011 was 24.37.
Therefore, Maison Luxe's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2011 was -13.60.

Maison Luxe Cash Conversion Cycle Historical Data

The historical data trend for Maison Luxe'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.

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Maison Luxe Cash Conversion Cycle Chart

Maison Luxe Annual Data

Trend

Mar10

Mar11

Cash Conversion Cycle

-13.29

-14.42

Maison Luxe Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Cash Conversion Cycle	Get a 7-Day Free Trial						-17.18	-17.78	-17.61	-17.76	-13.60

Competitive Comparison of Maison Luxe's Cash Conversion Cycle

For the Luxury Goods subindustry, Maison Luxe'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.

Maison Luxe's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maison Luxe's Cash Conversion Cycle distribution charts can be found below:

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

Maison Luxe 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.

Maison Luxe's Cash Conversion Cycle for the fiscal year that ended in Mar. 2011 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	3.33	+	0	-	17.75
	=	-14.42

Maison Luxe's Cash Conversion Cycle for the quarter that ended in Dec. 2011 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	10.77	+	0	-	24.37
	=	-13.60

Maison Luxe (OTCPK:MASN) 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.

Maison Luxe Cash Conversion Cycle Related Terms

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Maison Luxe (Maison Luxe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maison Luxe Inc (OTCPK:MASN) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza North, Suite 2, Fort Lee, NJ, USA, 07024

Website

https://www.maisonluxeny.com

Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.