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Solar Energy Initiatives (Solar Energy Initiatives) Cash Conversion Cycle : 0.00 (As of Apr. 2013)


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What is Solar Energy Initiatives Cash Conversion Cycle?

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

Solar Energy Initiatives's Days Sales Outstanding for the three months ended in Apr. 2013 was 0.
Solar Energy Initiatives's Days Inventory for the three months ended in Apr. 2013 was 0.
Solar Energy Initiatives's Days Payable for the three months ended in Apr. 2013 was 0.
Therefore, Solar Energy Initiatives's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2013 was 0.00.


Solar Energy Initiatives Cash Conversion Cycle Historical Data

The historical data trend for Solar Energy Initiatives'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.

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Solar Energy Initiatives Cash Conversion Cycle Chart

Solar Energy Initiatives Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Cash Conversion Cycle
Get a 7-Day Free Trial - -57.28 -66.12 -332.75 -

Solar Energy Initiatives Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Solar Energy Initiatives's Cash Conversion Cycle

For the Shell Companies subindustry, Solar Energy Initiatives'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.


Solar Energy Initiatives's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Solar Energy Initiatives's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Solar Energy Initiatives's Cash Conversion Cycle falls into.



Solar Energy Initiatives 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.

Solar Energy Initiatives's Cash Conversion Cycle for the fiscal year that ended in Jul. 2012 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Solar Energy Initiatives's Cash Conversion Cycle for the quarter that ended in Apr. 2013 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=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.


Solar Energy Initiatives  (OTCPK:SNRY) 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.


Solar Energy Initiatives Cash Conversion Cycle Related Terms

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Solar Energy Initiatives (Solar Energy Initiatives) Business Description

Traded in Other Exchanges
N/A
Address
2245 Texas Drive, Suite 300, Sugar Land, TX, USA, 77479
Solar Energy Initiatives Inc offers cybersecurity simulation and educational content - the tools to mitigate vulnerabilities and bolster cyber defense.

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