Tool To Count Total Conversions By Individual Word?

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I'm wondering if there is a tool out there (most likely 3rd party) that would take a search term report and then tally the number of conversions for each individual word appearing in the report.

So for example you might have the keywords (conversions):

"blue widget" (1)
"red widget" (0)
"widget cost" (0)
"blue widget cost" (1)
"red widget cost" (0)

So the report would look like:

blue (2)
red (0)
widget (2)
cost (1)

This report would be useful in identifying "hot" words and "cold" words (possibly ripe for adding to negative keyword list).
#conversions #count #individual #tool #total #word

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