MGNT (Meganet) Cash Conversion Cycle: 0.00 (As of Jun. 2017)


What is Meganet Cash Conversion Cycle?

Meganet MGNT +1.76% Cash Conversion Cycle is 0.00 as of Jun. 2017.

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

Meganet's Days Sales Outstanding for the three months ended in Jun. 2017 was 0.
Meganet's Days Inventory for the three months ended in Jun. 2017 was .
Meganet's Days Payable for the three months ended in Jun. 2017 was .
Therefore, Meganet's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was 0.00.

Meganet  (OTCPK:MGNT) 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.

Meganet Cash Conversion Cycle Related Terms

Meganet Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Meganet'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.

Meganet Cash Conversion Cycle Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Cash Conversion Cycle
-13,578.00 0.00 0.00

Meganet Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MGNT vs HDVW, UUU, CSAX: Cash Conversion Cycle Comparison

For the Security & Protection Services subindustry, Meganet'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.

Meganet Cash Conversion Cycle vs Business Services Industry

For the Business Services industry and Industrials sector, Meganet's Cash Conversion Cycle distribution charts can be found below:

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


Meganet 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.

Meganet's Cash Conversion Cycle for the fiscal year that ended in Mar. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Meganet's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+-
=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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.00 mean?
Meganet (MGNT) has a Cash Conversion Cycle of 0.00 as of Jun. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Meganet and its competitors.
Is Meganet's Cash Conversion Cycle too high?
Meganet's current Cash Conversion Cycle is 0.00.
How does Meganet's Cash Conversion Cycle compare to HDVW and UUU?
Meganet's Cash Conversion Cycle of 0.00 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.50. 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.50, based on 1,069 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. 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 Meganet and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meganet's current Cash Conversion Cycle is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meganet stock overvalued right now?
Meganet (MGNT) has a current Cash Conversion Cycle of 0.00. The current Cash Conversion Cycle is 0.00. 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 Meganet (MGNT), the current Cash Conversion Cycle is 0.00 as of Jun. 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.

Meganet Business Description

Address 2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120
Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.