Amica Mature Lifestyles (TSX:ACC) Cash Conversion Cycle : 0.00 (As of Aug. 2015)

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What is Amica Mature Lifestyles Cash Conversion Cycle?

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

Amica Mature Lifestyles's Days Sales Outstanding for the three months ended in Aug. 2015 was 0.
Amica Mature Lifestyles's Days Inventory for the three months ended in Aug. 2015 was 0.
Amica Mature Lifestyles's Days Payable for the three months ended in Aug. 2015 was 0.
Therefore, Amica Mature Lifestyles's Cash Conversion Cycle (CCC) for the three months ended in Aug. 2015 was 0.00.

Amica Mature Lifestyles Cash Conversion Cycle Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Cash Conversion Cycle Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Cash Conversion Cycle

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17.32

9.21

7.37

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Cash Conversion Cycle	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Amica Mature Lifestyles's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.

Amica Mature Lifestyles's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Amica Mature Lifestyles's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Amica Mature Lifestyles's Cash Conversion Cycle falls into.

Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Cash Conversion Cycle for the fiscal year that ended in May. 2015 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	0	-	0
	=	0.00

Amica Mature Lifestyles's Cash Conversion Cycle for the quarter that ended in Aug. 2015 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	0	-	0
	=	0.00

Amica Mature Lifestyles (TSX:ACC) 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.

Amica Mature Lifestyles Cash Conversion Cycle Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Industry

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Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.