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Trendsetter Solar Products (Trendsetter Solar Products) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Trendsetter Solar Products Cash Conversion Cycle?

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

Trendsetter Solar Products's Days Sales Outstanding for the three months ended in . 20 was .
Trendsetter Solar Products's Days Inventory for the three months ended in . 20 was .
Trendsetter Solar Products's Days Payable for the three months ended in . 20 was .
Therefore, Trendsetter Solar Products's Cash Conversion Cycle (CCC) for the three months ended in . 20 was 0.00.


Trendsetter Solar Products Cash Conversion Cycle Historical Data

The historical data trend for Trendsetter Solar Products'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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Trendsetter Solar Products Cash Conversion Cycle Chart

Trendsetter Solar Products Annual Data
Trend
Cash Conversion Cycle

Trendsetter Solar Products Quarterly Data
Cash Conversion Cycle

Competitive Comparison of Trendsetter Solar Products's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Trendsetter Solar Products'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.


Trendsetter Solar Products's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trendsetter Solar Products's Cash Conversion Cycle distribution charts can be found below:

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



Trendsetter Solar Products 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.

Trendsetter Solar Products's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

Trendsetter Solar Products's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

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


Trendsetter Solar Products  (OTCPK:TSSP) 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.


Trendsetter Solar Products Cash Conversion Cycle Related Terms

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Trendsetter Solar Products (Trendsetter Solar Products) Business Description

Traded in Other Exchanges
N/A
Address
818 Broadway, Eureka, CA, USA, 95501
Trendsetter Solar Products Inc is engaged in manufacturing solar hot water heating systems. It offers solar water heating solutions, including solar radiant floor heating options. Geographically, all the business activities are carried out in the United States.

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