GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vicon Industries Inc (STU:VCI) » Definitions » Cash Conversion Cycle

Vicon Industries (STU:VCI) Cash Conversion Cycle : 129.04 (As of Sep. 2018)


View and export this data going back to 2014. Start your Free Trial

What is Vicon Industries Cash Conversion Cycle?

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

Vicon Industries's Days Sales Outstanding for the three months ended in Sep. 2018 was 57.7.
Vicon Industries's Days Inventory for the three months ended in Sep. 2018 was 128.08.
Vicon Industries's Days Payable for the three months ended in Sep. 2018 was 56.74.
Therefore, Vicon Industries's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2018 was 129.04.


Vicon Industries Cash Conversion Cycle Historical Data

The historical data trend for Vicon Industries'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.

Vicon Industries Cash Conversion Cycle Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.38 113.90 146.63 164.45 119.03

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 147.96 118.39 141.96 159.60 129.04

Competitive Comparison of Vicon Industries's Cash Conversion Cycle

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vicon Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vicon Industries's Cash Conversion Cycle falls into.



Vicon Industries 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.

Vicon Industries's Cash Conversion Cycle for the fiscal year that ended in Sep. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=53.79+129.52-64.28
=119.03

Vicon Industries's Cash Conversion Cycle for the quarter that ended in Sep. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=57.7+128.08-56.74
=129.04

* 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.


Vicon Industries  (STU:VCI) 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.


Vicon Industries Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Vicon Industries's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Vicon Industries (STU:VCI) Business Description

Traded in Other Exchanges
N/A
Address
135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.

Vicon Industries (STU:VCI) Headlines

No Headlines