Odyne (ODYC) Cash Conversion Cycle: 172.31 (As of Sep. 2008)


What is Odyne Cash Conversion Cycle?

Odyne ODYC -99.00% Cash Conversion Cycle is 172.31 as of Sep. 2008.

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

Odyne's Days Sales Outstanding for the three months ended in Sep. 2008 was 145.33.
Odyne's Days Inventory for the three months ended in Sep. 2008 was 103.92.
Odyne's Days Payable for the three months ended in Sep. 2008 was 76.94.
Therefore, Odyne's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2008 was 172.31.

Odyne  (OTCPK:ODYC) 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.

Odyne Cash Conversion Cycle Related Terms

Odyne Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Odyne'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.

Odyne Cash Conversion Cycle Chart

Odyne Annual Data
Trend Jun05 Jun06 Dec07
Cash Conversion Cycle
0.00 0.00 84.11

Odyne Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 222.36 89.06 92.91 81.02 172.31

ODYC vs CHGI, TNRG, TGTMF: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Odyne'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.

Odyne Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Odyne's Cash Conversion Cycle distribution charts can be found below:

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


Odyne 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.

Odyne's Cash Conversion Cycle for the fiscal year that ended in Dec. 2007 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=94.39+71.67-81.95
=84.11

Odyne's Cash Conversion Cycle for the quarter that ended in Sep. 2008 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=145.33+103.92-76.94
=172.31

* 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 172.31 mean?
Odyne (ODYC) has a Cash Conversion Cycle of 172.31 as of Sep. 2008. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Odyne and its competitors.
Is Odyne's Cash Conversion Cycle too high?
Odyne's current Cash Conversion Cycle is 172.31. The Vehicles & Parts industry median Cash Conversion Cycle is 67.44. Odyne's value of 172.31 is 155.5% above this industry median.
How does Odyne's Cash Conversion Cycle compare to CHGI and TNRG?
Odyne's Cash Conversion Cycle of 172.31 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.44. Odyne's value of 172.31 is 155.5% above 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 a Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.44, based on 1,326 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. Odyne's current Cash Conversion Cycle of 172.31 is 155.5% above 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 Odyne and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odyne's current Cash Conversion Cycle is 172.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyne stock overvalued right now?
Odyne (ODYC) has a current Cash Conversion Cycle of 172.31. The current Cash Conversion Cycle is 172.31 and 155.5% above the Vehicles & Parts industry median of 67.44. 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 Odyne (ODYC), the current Cash Conversion Cycle is 172.31 as of Sep. 2008. 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.

Odyne Business Description

Address 89 Cabot Court, Suite L, Hauppauge, NY, USA, 11788
Odyne Corp manufactures, develops, and sells hybrid systems for medium and heavy-duty work trucks. The company sells its modular system for new and retrofit applications direct to truck manufacturers and through a distribution and service network including Altec, Terex Utilities, and selected Allison Transmission distributors.