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Naibu Global International Co (STU:NGC) Cash Conversion Cycle : 47.47 (As of Jun. 2014)


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What is Naibu Global International Co Cash Conversion Cycle?

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

Naibu Global International Co's Days Sales Outstanding for the three months ended in Jun. 2014 was 55.33.
Naibu Global International Co's Days Inventory for the three months ended in Jun. 2014 was 8.8.
Naibu Global International Co's Days Payable for the three months ended in Jun. 2014 was 16.66.
Therefore, Naibu Global International Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2014 was 47.47.


Naibu Global International Co Cash Conversion Cycle Historical Data

The historical data trend for Naibu Global International Co'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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Naibu Global International Co Cash Conversion Cycle Chart

Naibu Global International Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash Conversion Cycle
Get a 7-Day Free Trial 42.86 55.64 74.81 84.14 92.66

Naibu Global International Co Quarterly Data
Jun12 Dec12 Jun13 Dec13 Jun14
Cash Conversion Cycle - 43.09 42.39 52.94 47.47

Competitive Comparison of Naibu Global International Co's Cash Conversion Cycle

For the Footwear & Accessories subindustry, Naibu Global International Co'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.


Naibu Global International Co's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Naibu Global International Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Naibu Global International Co's Cash Conversion Cycle falls into.



Naibu Global International Co 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.

Naibu Global International Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=107.87+20.5-35.71
=92.66

Naibu Global International Co's Cash Conversion Cycle for the quarter that ended in Jun. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=55.33+8.8-16.66
=47.47

* 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.


Naibu Global International Co  (STU:NGC) 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.


Naibu Global International Co Cash Conversion Cycle Related Terms

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Naibu Global International Co (STU:NGC) Business Description

Traded in Other Exchanges
N/A
Address
Naibu Global International Co PLC was incorporated on December 15, 2011. The Company designs, manufactures and supplies Naibu branded sports shoes, and design and supply Naibu branded clothing and accessories in the People's Republic of China. Its business segments are organised as: Design, manufacture and sale of sports and leisure footwear which comprise athletic footwear designed for specific sporting activities such as running, tennis, basketball and skate board as well as leisure footwear, marketed under the 'Naibu' brand, and Design and sale of sports of sports apparel and accessories which comprise apparel for specific sporting activities such as running, tennis, basketball and leisure; functional apparel such as t-shirts, polo shirts and windbreakers; and accessories such as sport bags, caps, socks, protective guards and basketballs, marketed under the 'Naibu' brand.