GURUFOCUS.COM » STOCK LIST » Technology » Software » Callidus Software Inc (NAS:CALD) » Definitions » Cash Conversion Cycle

Callidus Software (Callidus Software) Cash Conversion Cycle : 70.70 (As of Dec. 2017)


View and export this data going back to 2003. Start your Free Trial

What is Callidus Software Cash Conversion Cycle?

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

Callidus Software's Days Sales Outstanding for the three months ended in Dec. 2017 was 84.28.
Callidus Software's Days Inventory for the three months ended in Dec. 2017 was 0.
Callidus Software's Days Payable for the three months ended in Dec. 2017 was 13.58.
Therefore, Callidus Software's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 70.70.


Callidus Software Cash Conversion Cycle Historical Data

The historical data trend for Callidus Software'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.

Callidus Software Cash Conversion Cycle Chart

Callidus Software Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.76 78.21 74.08 70.49 81.36

Callidus Software Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 69.16 65.17 58.06 58.70 70.70

Competitive Comparison of Callidus Software's Cash Conversion Cycle

For the Software - Application subindustry, Callidus Software'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.


Callidus Software's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Callidus Software's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Callidus Software's Cash Conversion Cycle falls into.



Callidus Software 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.

Callidus Software's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=95.34+0-13.98
=81.36

Callidus Software's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=84.28+0-13.58
=70.70

* 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.


Callidus Software  (NAS:CALD) 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.


Callidus Software Cash Conversion Cycle Related Terms

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


Callidus Software (Callidus Software) Business Description

Traded in Other Exchanges
N/A
Address
Callidus Software Inc provides cloud-based sales, marketing, learning, and customer-experience products. The firm's services enable its customers to identify leads, train personnel, automate pricing, and streamline sales compensation. The company has clients in a variety of industries, but focuses on telecommunications, insurance, banking, and technology. CallidusCloud products are sold on a subscription basis, typically through annual and multiyear contracts. A large majority of the firm's revenue is generated in the United States and Canada, but Callidus has a sizable presence in Asia-Pacific and Europe.
Executives
Roxanne Oulman officer: EVP, Chief Financial Officer 4140 DUBLIN BOULEVARD, SUITE 400, DUBLIN CA 94568
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Leslie Stretch director, officer: President and CEO 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Mark Culhane director 6200 STONERIDGE MALL ROAD, SUITE 500, PLEASANTON CA 94588
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jimmy C. Duan officer: EVP, Chief Technology Officer 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Murray D Rode director 3303 HILLVIEW AVE, PALO ALTO CA 94304
Michele Vion Choka other: Former Director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Bob L Corey officer: Former EVP, CFO 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Ronald J Fior officer: SVP, Finance & Ops; CFO C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
Brian E Cabrera officer: SVP and Gen. Counsel CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

Callidus Software (Callidus Software) Headlines