Synthesis Energy Systems's Days Sales Outstanding for the
three
months ended in Dec. 2019 was 0.
Synthesis Energy Systems's Days Inventory for the
three
months ended in Dec. 2019 was 0.
Synthesis Energy Systems's Days Payable for the
three
months ended in Dec. 2019 was 5644.46.
Therefore, Synthesis Energy Systems's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2019 was -5,644.46.
Synthesis Energy Systems (OTCPK:SYNE) 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.
Synthesis Energy Systems Cash Conversion Cycle Related Terms
Synthesis Energy Systems Cash Conversion Cycle Historical Data
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The historical data trend for Synthesis Energy Systems'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.
Synthesis Energy Systems Cash Conversion Cycle Chart
SYNE vs SMGI, ALYE, FLSS: Cash Conversion Cycle Comparison
For the Oil & Gas Equipment & Services subindustry, Synthesis Energy Systems'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.
Synthesis Energy Systems Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Synthesis Energy Systems's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Synthesis Energy Systems's Cash Conversion Cycle falls into.
Synthesis Energy Systems 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.
Synthesis Energy Systems's Cash Conversion Cycle for the fiscal year that ended in Jun. 2019 is calculated as
* 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.
What does a Cash Conversion Cycle of -5,644.46 mean?
Synthesis Energy Systems (SYNE) has a Cash Conversion Cycle of -5,644.46 as of Dec. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Synthesis Energy Systems and its competitors.
Is Synthesis Energy Systems' Cash Conversion Cycle too high?
Synthesis Energy Systems' current Cash Conversion Cycle is -5,644.46. Overall, Synthesis Energy Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Synthesis Energy Systems' Cash Conversion Cycle compare to SMGI and ALYE?
Synthesis Energy Systems' Cash Conversion Cycle of -5,644.46 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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 Synthesis Energy Systems and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synthesis Energy Systems's current Cash Conversion Cycle is -5,644.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synthesis Energy Systems stock overvalued right now?
Synthesis Energy Systems (SYNE) has a current Cash Conversion Cycle of -5,644.46. The current Cash Conversion Cycle is -5,644.46. Synthesis Energy Systems' overall GF Score™ is 12/100. 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 Synthesis Energy Systems (SYNE), the current Cash Conversion Cycle is -5,644.46 as of Dec. 2019. 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.
Synthesis Energy Systems Inc is a US-based clean energy company that develops, builds and owns clean energy projects. The company provides proprietary gasification technology systems and solutions to the energy and chemical industries. Its gasification technology is a flexible, efficient and economic technology used for the production of synthesis gas or syngas which is a mixture of hydrogen, carbon monoxide and methane. Business activities of the company include supplying its proprietary gasification technology, equipment, and services into projects where these lower cost feedstocks can be profitably converted into clean syngas, which can then be used to produce a variety of high-value energy and chemical products.
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