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Medical Care Technologies (Medical Care Technologies) Cash Conversion Cycle : 0.00 (As of Sep. 2012)


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What is Medical Care Technologies Cash Conversion Cycle?

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

Medical Care Technologies's Days Sales Outstanding for the three months ended in Sep. 2012 was .
Medical Care Technologies's Days Inventory for the three months ended in Sep. 2012 was .
Medical Care Technologies's Days Payable for the three months ended in Sep. 2012 was .
Therefore, Medical Care Technologies's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2012 was 0.00.


Medical Care Technologies Cash Conversion Cycle Historical Data

The historical data trend for Medical Care 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.

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Medical Care Technologies Cash Conversion Cycle Chart

Medical Care Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Cash Conversion Cycle
- - - - -

Medical Care Technologies Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

Competitive Comparison of Medical Care Technologies's Cash Conversion Cycle

For the Internet Retail subindustry, Medical Care 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.


Medical Care Technologies's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

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

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



Medical Care 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.

Medical Care Technologies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2011 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Medical Care Technologies's Cash Conversion Cycle for the quarter that ended in Sep. 2012 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=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.


Medical Care Technologies  (OTCPK:MDCE) 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.


Medical Care Technologies Cash Conversion Cycle Related Terms

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Medical Care Technologies (Medical Care Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1910 S. Stapley Drive, Suite 221, Mesa, AZ, USA, 85204
Medical Care Technologies Inc provides an online platform for memorabilia collectors and professional athletes to consign and sell high valued collectibles in a secure online auction format.