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Wanderport (Wanderport) Cash Conversion Cycle : 23.90 (As of Feb. 2003)


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What is Wanderport Cash Conversion Cycle?

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

Wanderport's Days Sales Outstanding for the three months ended in Feb. 2003 was 47.52.
Wanderport's Days Inventory for the three months ended in Feb. 2003 was 36.16.
Wanderport's Days Payable for the three months ended in Feb. 2003 was 59.78.
Therefore, Wanderport's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2003 was 23.90.


Wanderport Cash Conversion Cycle Historical Data

The historical data trend for Wanderport'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.

Wanderport Cash Conversion Cycle Chart

Wanderport Annual Data
Trend Aug95 Aug96 Aug97 Aug98 Aug99 Aug00 Aug01
Cash Conversion Cycle
Get a 7-Day Free Trial 125.17 186.24 - - 140.11

Wanderport Quarterly Data
Aug95 Aug96 Aug97 Aug98 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03
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 95.31 65.42 46.32 30.11 23.90

Competitive Comparison of Wanderport's Cash Conversion Cycle

For the Food Distribution subindustry, Wanderport'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.


Wanderport's Cash Conversion Cycle Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wanderport's Cash Conversion Cycle distribution charts can be found below:

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



Wanderport 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.

Wanderport's Cash Conversion Cycle for the fiscal year that ended in Aug. 2001 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=53.39+131.32-44.6
=140.11

Wanderport's Cash Conversion Cycle for the quarter that ended in Feb. 2003 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=47.52+36.16-59.78
=23.90

* 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.


Wanderport  (OTCPK:WDRP) 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.


Wanderport Cash Conversion Cycle Related Terms

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Wanderport (Wanderport) Business Description

Traded in Other Exchanges
N/A
Address
2425 Olympic Boulevard, Suite 4000W, Santa Monica, CA, USA, 90401
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.