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Viper Networks (Viper Networks) Cash Conversion Cycle : -49.66 (As of Sep. 2006)


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What is Viper Networks Cash Conversion Cycle?

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

Viper Networks's Days Sales Outstanding for the three months ended in Sep. 2006 was 21.22.
Viper Networks's Days Inventory for the three months ended in Sep. 2006 was 12.47.
Viper Networks's Days Payable for the three months ended in Sep. 2006 was 83.35.
Therefore, Viper Networks's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2006 was -49.66.


Viper Networks Cash Conversion Cycle Historical Data

The historical data trend for Viper Networks'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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Viper Networks Cash Conversion Cycle Chart

Viper Networks Annual Data
Trend Dec01 Dec03 Dec04 Dec05
Cash Conversion Cycle
- 13.20 -5.52 -35.02

Viper Networks Quarterly Data
Dec01 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -46.42 -62.53 -77.06 -31.84 -49.66

Competitive Comparison of Viper Networks's Cash Conversion Cycle

For the Electronic Components subindustry, Viper Networks'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.


Viper Networks's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viper Networks's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Viper Networks's Cash Conversion Cycle falls into.



Viper Networks 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.

Viper Networks's Cash Conversion Cycle for the fiscal year that ended in Dec. 2005 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=12.63+8.55-56.2
=-35.02

Viper Networks's Cash Conversion Cycle for the quarter that ended in Sep. 2006 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=21.22+12.47-83.35
=-49.66

* 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.


Viper Networks  (OTCPK:VPER) 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.


Viper Networks Cash Conversion Cycle Related Terms

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Viper Networks (Viper Networks) Business Description

Traded in Other Exchanges
N/A
Address
200 East Big Beaver Road, Troy, MI, USA, 48083
Viper Networks Inc is an Indian-based company that operates in LED lighting products. It is primarily involved in the manufacturing and distribution of LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas (streets and highways), parking lots, and warehousing facilities anywhere. Further, it also offers intelligent lighting solutions with cameras, sensors, and wireless technologies. The company is also into providing telecom engineering services in the U.S., Middle East, and Northern Africa.
Executives
Jason Sunstein director, officer: Vice President - Finance 350 10TH AVE., SUITE 1000, SAN DIEGO CA 92101