Blue Shark Power System (XPAR:MLBSP) Cash Conversion Cycle: 133.44 (As of Dec. 2017)


What is Blue Shark Power System Cash Conversion Cycle?

Blue Shark Power System XPAR:MLBSP Cash Conversion Cycle is 133.44 as of Dec. 2017.

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

Blue Shark Power System's Days Sales Outstanding for the six months ended in Dec. 2017 was 0.
Blue Shark Power System's Days Inventory for the six months ended in Dec. 2017 was 208.01.
Blue Shark Power System's Days Payable for the six months ended in Dec. 2017 was 74.57.
Therefore, Blue Shark Power System's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2017 was 133.44.

Blue Shark Power System  (XPAR:MLBSP) 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.

Blue Shark Power System Cash Conversion Cycle Related Terms

Blue Shark Power System Cash Conversion Cycle Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Cash Conversion Cycle Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Cash Conversion Cycle
24.57 50.48 133.44

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Cash Conversion Cycle 24.57 50.48 133.44

XPAR:MLBSP vs : Cash Conversion Cycle Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.

Blue Shark Power System Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's Cash Conversion Cycle falls into.


Blue Shark Power System 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.

Blue Shark Power System's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+208.01-74.57
=133.44

Blue Shark Power System's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+208.01-74.57
=133.44

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 133.44 mean?
Blue Shark Power System (XPAR:MLBSP) has a Cash Conversion Cycle of 133.44 as of Dec. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Cash Conversion Cycle too high?
Blue Shark Power System's current Cash Conversion Cycle is 133.44. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.25. Blue Shark Power System's value of 133.44 is 428.5% above this industry median.
How does Blue Shark Power System's Cash Conversion Cycle compare to ?
Blue Shark Power System's Cash Conversion Cycle of 133.44 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.25. Blue Shark Power System's value of 133.44 is 428.5% above this benchmark. 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 Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.25, based on 417 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. Blue Shark Power System's current Cash Conversion Cycle of 133.44 is 428.5% above the industry median. 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 Blue Shark Power System and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Shark Power System's current Cash Conversion Cycle is 133.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Cash Conversion Cycle of 133.44. The current Cash Conversion Cycle is 133.44 and 428.5% above the Utilities - Independent Power Producers industry median of 25.25. 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 Blue Shark Power System (XPAR:MLBSP), the current Cash Conversion Cycle is 133.44 as of Dec. 2017. 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.

Blue Shark Power System Business Description

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Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.