SOPV (Solar Park Initiatives) Cash Conversion Cycle: -546.80 (As of Jun. 2011)


What is Solar Park Initiatives Cash Conversion Cycle?

Solar Park Initiatives SOPV -90.00% Cash Conversion Cycle is -546.80 as of Jun. 2011.

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

Solar Park Initiatives's Days Sales Outstanding for the three months ended in Jun. 2011 was 28.08.
Solar Park Initiatives's Days Inventory for the three months ended in Jun. 2011 was 0.
Solar Park Initiatives's Days Payable for the three months ended in Jun. 2011 was 574.88.
Therefore, Solar Park Initiatives's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2011 was -546.80.

Solar Park Initiatives  (OTCPK:SOPV) 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 Park Initiatives Cash Conversion Cycle Related Terms

Solar Park Initiatives Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Solar Park 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.

Solar Park Initiatives Cash Conversion Cycle Chart

Solar Park Initiatives Annual Data
Trend Sep08 Sep09 Sep10
Cash Conversion Cycle
0.00 0.00 0.00

Solar Park Initiatives Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -546.80

SOPV vs ABCE, LIBE, SSOL: Cash Conversion Cycle Comparison

For the Solar subindustry, Solar Park 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 Park Initiatives Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Park Initiatives's Cash Conversion Cycle distribution charts can be found below:

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


Solar Park 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 Park Initiatives's Cash Conversion Cycle for the fiscal year that ended in Sep. 2010 is calculated as

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

Solar Park Initiatives's Cash Conversion Cycle for the quarter that ended in Jun. 2011 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=28.08+0-574.88
=-546.80

* 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 -546.80 mean?
Solar Park Initiatives (SOPV) has a Cash Conversion Cycle of -546.80 as of Jun. 2011. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solar Park Initiatives and its competitors.
Is Solar Park Initiatives' Cash Conversion Cycle too high?
Solar Park Initiatives' current Cash Conversion Cycle is -546.80.
How does Solar Park Initiatives' Cash Conversion Cycle compare to ABCE and LIBE?
Solar Park Initiatives' Cash Conversion Cycle of -546.80 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. 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 Solar Park Initiatives and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Park Initiatives's current Cash Conversion Cycle is -546.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Park Initiatives stock overvalued right now?
Solar Park Initiatives (SOPV) has a current Cash Conversion Cycle of -546.80. The current Cash Conversion Cycle is -546.80. 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 Solar Park Initiatives (SOPV), the current Cash Conversion Cycle is -546.80 as of Jun. 2011. 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.

Solar Park Initiatives Business Description

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518
Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.