Novus Robotics's Days Sales Outstanding for the
three
months ended in Mar. 2019 was 41.94.
Novus Robotics's Days Inventory for the
three
months ended in Mar. 2019 was 40.28.
Novus Robotics's Days Payable for the
three
months ended in Mar. 2019 was 23.23.
Therefore, Novus Robotics's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2019 was 58.99.
Novus Robotics (OTCPK:NRBT) 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.
Novus Robotics Cash Conversion Cycle Related Terms
Novus Robotics Cash Conversion Cycle Historical Data
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The historical data trend for Novus Robotics'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.
For the Specialty Industrial Machinery subindustry, Novus Robotics'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.
Novus Robotics Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Novus Robotics's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Novus Robotics's Cash Conversion Cycle falls into.
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.
Novus Robotics's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as
* 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.
Novus Robotics (NRBT) has a Cash Conversion Cycle of 58.99 as of Mar. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Novus Robotics and its competitors.
Is Novus Robotics' Cash Conversion Cycle too high?
Novus Robotics' current Cash Conversion Cycle is 58.99. The Industrial Products industry median Cash Conversion Cycle is 122.29. Novus Robotics' value of 58.99 is 51.8% below this industry median. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Cash Conversion Cycle compare to SEII?
Novus Robotics' Cash Conversion Cycle of 58.99 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Novus Robotics' value of 58.99 is 51.8% below this benchmark. 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,028 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. Novus Robotics's current Cash Conversion Cycle of 58.99 is 51.8% below the industry median. 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 Novus Robotics and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Robotics's current Cash Conversion Cycle is 58.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Cash Conversion Cycle of 58.99. The current Cash Conversion Cycle is 58.99 and 51.8% below the Industrial Products industry median of 122.29. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Cash Conversion Cycle is 58.99 as of Mar. 2019. 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.
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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