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Smart Ventures (Smart Ventures) Cash Conversion Cycle : 0.00 (As of Sep. 2011)


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What is Smart Ventures Cash Conversion Cycle?

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

Smart Ventures's Days Sales Outstanding for the three months ended in Sep. 2011 was .
Smart Ventures's Days Inventory for the three months ended in Sep. 2011 was .
Smart Ventures's Days Payable for the three months ended in Sep. 2011 was .
Therefore, Smart Ventures's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2011 was 0.00.


Smart Ventures Cash Conversion Cycle Historical Data

The historical data trend for Smart Ventures'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.

Smart Ventures Cash Conversion Cycle Chart

Smart Ventures Annual Data
Trend Dec07 Dec08 Dec09 Dec10
Cash Conversion Cycle
- - - -

Smart Ventures Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - - - - -

Competitive Comparison of Smart Ventures's Cash Conversion Cycle

For the Conglomerates subindustry, Smart Ventures'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.


Smart Ventures's Cash Conversion Cycle Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Smart Ventures's Cash Conversion Cycle distribution charts can be found below:

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



Smart Ventures 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.

Smart Ventures's Cash Conversion Cycle for the fiscal year that ended in Dec. 2010 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Smart Ventures's Cash Conversion Cycle for the quarter that ended in Sep. 2011 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* 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.


Smart Ventures  (GREY:SMVR) 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.


Smart Ventures Cash Conversion Cycle Related Terms

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Smart Ventures (Smart Ventures) Business Description

Traded in Other Exchanges
N/A
Address
1907 Woerner Road, Houston, TX, USA, 77090
Smart Ventures Inc is a diversified holding company. The company through its subsidiary is engaged in providing oil & gas drilling services, engineering (EPC), mineral mining, and also engaged in supplying of specialty chemicals.

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