GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Western Sierra Resource Corp (OTCPK:WSRC) » Definitions » Cash Conversion Cycle

Western Sierra Resource (Western Sierra Resource) Cash Conversion Cycle : 0.00 (As of Sep. 2008)


View and export this data going back to . Start your Free Trial

What is Western Sierra Resource Cash Conversion Cycle?

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

Western Sierra Resource's Days Sales Outstanding for the three months ended in Sep. 2008 was 0.
Western Sierra Resource's Days Inventory for the three months ended in Sep. 2008 was .
Western Sierra Resource's Days Payable for the three months ended in Sep. 2008 was .
Therefore, Western Sierra Resource's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2008 was 0.00.


Western Sierra Resource Cash Conversion Cycle Historical Data

The historical data trend for Western Sierra Resource'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.

Western Sierra Resource Cash Conversion Cycle Chart

Western Sierra Resource Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Western Sierra Resource Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 Premium Member Only - - - - -

Competitive Comparison of Western Sierra Resource's Cash Conversion Cycle

For the Drug Manufacturers - Specialty & Generic subindustry, Western Sierra Resource'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.


Western Sierra Resource's Cash Conversion Cycle Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Western Sierra Resource's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Western Sierra Resource's Cash Conversion Cycle falls into.



Western Sierra Resource 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.

Western Sierra Resource's Cash Conversion Cycle for the fiscal year that ended in Dec. 2007 is calculated as

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

Western Sierra Resource's Cash Conversion Cycle for the quarter that ended in Sep. 2008 is calculated as:

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


Western Sierra Resource  (OTCPK:WSRC) 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.


Western Sierra Resource Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Western Sierra Resource's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Sierra Resource (Western Sierra Resource) Business Description

Traded in Other Exchanges
N/A
Address
1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602
Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.

Western Sierra Resource (Western Sierra Resource) Headlines

From GuruFocus