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LifeQuest World (LifeQuest World) Cash Conversion Cycle : -42.53 (As of May. 2009)


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What is LifeQuest World Cash Conversion Cycle?

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

LifeQuest World's Days Sales Outstanding for the six months ended in May. 2009 was 8.53.
LifeQuest World's Days Inventory for the six months ended in May. 2009 was 504.95.
LifeQuest World's Days Payable for the six months ended in May. 2009 was 556.01.
Therefore, LifeQuest World's Cash Conversion Cycle (CCC) for the six months ended in May. 2009 was -42.53.


LifeQuest World Cash Conversion Cycle Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Cash Conversion Cycle Chart

LifeQuest World Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.20 -155.81 -166.27 -32.93 -42.53

LifeQuest World Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -120.20 -155.81 -166.27 -32.93 -42.53

Competitive Comparison of LifeQuest World's Cash Conversion Cycle

For the Pollution & Treatment Controls subindustry, LifeQuest World'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.


LifeQuest World's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LifeQuest World's Cash Conversion Cycle distribution charts can be found below:

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



LifeQuest World 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.

LifeQuest World's Cash Conversion Cycle for the fiscal year that ended in May. 2009 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=8.53+504.95-556.01
=-42.53

LifeQuest World's Cash Conversion Cycle for the quarter that ended in May. 2009 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=8.53+504.95-556.01
=-42.53

* 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.


LifeQuest World  (OTCPK:LQWC) 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.


LifeQuest World Cash Conversion Cycle Related Terms

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LifeQuest World (LifeQuest World) Business Description

Traded in Other Exchanges
N/A
Address
100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660
LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.
Executives
Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

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