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PGOG (PERF Go-Green Holdings) Cash Conversion Cycle : -1,417.00 (As of Dec. 2009)


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What is PERF Go-Green Holdings Cash Conversion Cycle?

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

PERF Go-Green Holdings's Days Sales Outstanding for the three months ended in Dec. 2009 was 43.
PERF Go-Green Holdings's Days Inventory for the three months ended in Dec. 2009 was 315.23.
PERF Go-Green Holdings's Days Payable for the three months ended in Dec. 2009 was 1775.23.
Therefore, PERF Go-Green Holdings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2009 was -1,417.00.


PERF Go-Green Holdings Cash Conversion Cycle Historical Data

The historical data trend for PERF Go-Green Holdings'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.

* Premium members only.

PERF Go-Green Holdings Cash Conversion Cycle Chart

PERF Go-Green Holdings Annual Data
Trend Oct06 Oct07 Mar09
Cash Conversion Cycle
- - -46.08

PERF Go-Green Holdings Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.58 -40.47 -89.22 -291.88 -1,417.00

Competitive Comparison of PERF Go-Green Holdings's Cash Conversion Cycle

For the Specialty Chemicals subindustry, PERF Go-Green Holdings'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.


PERF Go-Green Holdings's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PERF Go-Green Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PERF Go-Green Holdings's Cash Conversion Cycle falls into.



PERF Go-Green Holdings 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.

PERF Go-Green Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2009 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=100.94+0-147.02
=-46.08

PERF Go-Green Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2009 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=43+315.23-1775.23
=-1,417.00

* 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.


PERF Go-Green Holdings  (GREY:PGOG) 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.


PERF Go-Green Holdings Cash Conversion Cycle Related Terms

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PERF Go-Green Holdings Business Description

Traded in Other Exchanges
N/A
Address
12 E. 52nd Street, 4th Floor, New York, NY, USA, 10022
Website
PERF Go-Green Holdings Inc is engaged in the production of biodegradable plastic products.

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