SKYC (Sky Constant Century) Cash Conversion Cycle: 1,599.41 (As of Sep. 2017)


What is Sky Constant Century Cash Conversion Cycle?

Sky Constant Century SKYC Cash Conversion Cycle is 1,599.41 as of Sep. 2017.

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

Sky Constant Century's Days Sales Outstanding for the three months ended in Sep. 2017 was 1599.41.
Sky Constant Century's Days Inventory for the three months ended in Sep. 2017 was .
Sky Constant Century's Days Payable for the three months ended in Sep. 2017 was .
Therefore, Sky Constant Century's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2017 was 1,599.41.


Sky Constant Century  (OTCPK:SKYC) 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.


Sky Constant Century Cash Conversion Cycle Related Terms


Sky Constant Century Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Sky Constant Century'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.

Sky Constant Century Cash Conversion Cycle Chart

Sky Constant Century Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Cash Conversion Cycle
4.19 9.07 21.99 60.37

Sky Constant Century Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.11 70.29 107.88 581.09 1,599.41

SKYC vs JRVS: Cash Conversion Cycle Comparison

For the Capital Markets subindustry, Sky Constant Century'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.


Sky Constant Century Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sky Constant Century's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sky Constant Century's Cash Conversion Cycle falls into.



Sky Constant Century 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.

Sky Constant Century'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
=60.37+-
=60.37

Sky Constant Century's Cash Conversion Cycle for the quarter that ended in Sep. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1599.41+-
=1,599.41

* 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 1,599.41 mean?
Sky Constant Century (SKYC) has a Cash Conversion Cycle of 1,599.41 as of Sep. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sky Constant Century and its competitors.
Is Sky Constant Century's Cash Conversion Cycle too high?
Sky Constant Century's current Cash Conversion Cycle is 1,599.41. The Capital Markets industry median Cash Conversion Cycle is 1.69. Sky Constant Century's value of 1,599.41 is 94539.6% above this industry median.
How does Sky Constant Century's Cash Conversion Cycle compare to JRVS?
Sky Constant Century's Cash Conversion Cycle of 1,599.41 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.69. Sky Constant Century's value of 1,599.41 is 94539.6% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.69, based on 640 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. Sky Constant Century's current Cash Conversion Cycle of 1,599.41 is 94539.6% 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 Sky Constant Century and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Constant Century's current Cash Conversion Cycle is 1,599.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Constant Century stock overvalued right now?
Sky Constant Century (SKYC) has a current Cash Conversion Cycle of 1,599.41. The current Cash Conversion Cycle is 1,599.41 and 94539.6% above the Capital Markets industry median of 1.69. 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 Sky Constant Century (SKYC), the current Cash Conversion Cycle is 1,599.41 as of Sep. 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.

Sky Constant Century Business Description

Address Number 3, Hoi Shing Road, Wordshop A2, 25th Floor, TML Tower, Tseun Wan, New Territories, Hong Kong, HKG
Sky Constant Century Inc is engaged in providing precious metals trading position services. The company offers precious metals spot contract trading services to clients for trading gold and silver via a 24-hour electronic trading platform in Hong Kong.