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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Cash Conversion Cycle : 1,004.43 (As of Sep. 2023)


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What is Brite-Strike Tactical Illumination Products Cash Conversion Cycle?

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

Brite-Strike Tactical Illumination Products's Days Sales Outstanding for the three months ended in Sep. 2023 was 82.8.
Brite-Strike Tactical Illumination Products's Days Inventory for the three months ended in Sep. 2023 was 921.63.
Brite-Strike Tactical Illumination Products's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, Brite-Strike Tactical Illumination Products's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 1,004.43.


Brite-Strike Tactical Illumination Products Cash Conversion Cycle Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Cash Conversion Cycle Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Cash Conversion Cycle
-29.96 -725.47 235.17 409.52 256.21

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep23
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 125.46 410.99 524.25 297.58 1,004.43

Competitive Comparison of Brite-Strike Tactical Illumination Products's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Cash Conversion Cycle falls into.



Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Cash Conversion Cycle for the fiscal year that ended in Dec. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=16.53+250.63-10.95
=256.21

Brite-Strike Tactical Illumination Products's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=82.8+921.63-0
=1,004.43

* 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.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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.


Brite-Strike Tactical Illumination Products Cash Conversion Cycle Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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