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Eyes on the Go (Eyes on the Go) Cash Conversion Cycle : -177.82 (As of Sep. 2014)


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What is Eyes on the Go Cash Conversion Cycle?

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

Eyes on the Go's Days Sales Outstanding for the three months ended in Sep. 2014 was 61.71.
Eyes on the Go's Days Inventory for the three months ended in Sep. 2014 was 0.
Eyes on the Go's Days Payable for the three months ended in Sep. 2014 was 239.53.
Therefore, Eyes on the Go's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2014 was -177.82.


Eyes on the Go Cash Conversion Cycle Historical Data

The historical data trend for Eyes on the Go'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.

Eyes on the Go Cash Conversion Cycle Chart

Eyes on the Go Annual Data
Trend Dec11 Dec12 Dec13
Cash Conversion Cycle
-1,186.25 -674.46 -2,053.13

Eyes on the Go Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -2,714.69 -958.12 -177.42 -542.14 -177.82

Competitive Comparison of Eyes on the Go's Cash Conversion Cycle

For the Internet Content & Information subindustry, Eyes on the Go'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.


Eyes on the Go's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Eyes on the Go's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Eyes on the Go's Cash Conversion Cycle falls into.



Eyes on the Go 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.

Eyes on the Go's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+91.25-2144.38
=-2,053.13

Eyes on the Go's Cash Conversion Cycle for the quarter that ended in Sep. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=61.71+0-239.53
=-177.82

* 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.


Eyes on the Go  (GREY:AXCG) 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.


Eyes on the Go Cash Conversion Cycle Related Terms

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Eyes on the Go (Eyes on the Go) Business Description

Traded in Other Exchanges
N/A
Address
40 Fulton Street, 24th Floor, New York, NY, USA, 100389
Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

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