Metal Storm (Metal Storm) Cash Conversion Cycle : -12,520.61 (As of Dec. 2011)

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What is Metal Storm Cash Conversion Cycle?

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

Metal Storm's Days Sales Outstanding for the six months ended in Dec. 2011 was 0.
Metal Storm's Days Inventory for the six months ended in Dec. 2011 was 0.
Metal Storm's Days Payable for the six months ended in Dec. 2011 was 12520.61.
Therefore, Metal Storm's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2011 was -12,520.61.

Metal Storm Cash Conversion Cycle Historical Data

The historical data trend for Metal Storm'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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Metal Storm Cash Conversion Cycle Chart

Metal Storm Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash Conversion Cycle

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-30.07

-6,027.37

-2,400.46

-613.41

-12,520.61

Metal Storm Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Cash Conversion Cycle	Get a 7-Day Free Trial							-30.07	-6,027.37	-2,400.46	-613.41	-12,520.61

Competitive Comparison of Metal Storm's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Metal Storm'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.

Metal Storm's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Metal Storm's Cash Conversion Cycle distribution charts can be found below:

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

Metal Storm 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.

Metal Storm'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	+	0	-	12520.61
	=	-12,520.61

Metal Storm'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
	=	0	+	0	-	12520.61
	=	-12,520.61

Metal Storm (OTCPK:MTSXY) 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.

Metal Storm Cash Conversion Cycle Related Terms

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Metal Storm (Metal Storm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Metal Storm Ltd (OTCPK:MTSXY) » Definitions » Cash Conversion Cycle

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Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.

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