Regal Entertainment Group (Regal Entertainment Group) Cash Conversion Cycle : -30.58 (As of Dec. 2017)

View and export this data going back to 2002. Start your Free Trial

What is Regal Entertainment Group Cash Conversion Cycle?

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

Regal Entertainment Group's Days Sales Outstanding for the three months ended in Dec. 2017 was 12.8.
Regal Entertainment Group's Days Inventory for the three months ended in Dec. 2017 was 6.6.
Regal Entertainment Group's Days Payable for the three months ended in Dec. 2017 was 49.98.
Therefore, Regal Entertainment Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was -30.58.

Regal Entertainment Group Cash Conversion Cycle Historical Data

The historical data trend for Regal Entertainment Group'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.

Regal Entertainment Group Cash Conversion Cycle Chart

Regal Entertainment Group Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash Conversion Cycle

Get a 7-Day Free Trial

-31.00

-31.94

-37.60

-39.32

-39.12

Regal Entertainment Group 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															-26.93	-36.10	-32.11	-25.36	-30.58

Competitive Comparison of Regal Entertainment Group's Cash Conversion Cycle

For the Broadcasting subindustry, Regal Entertainment Group'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.

Regal Entertainment Group's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Regal Entertainment Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Regal Entertainment Group's Cash Conversion Cycle falls into.

Regal Entertainment Group 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.

Regal Entertainment Group'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
	=	19.57	+	6.71	-	65.4
	=	-39.12

Regal Entertainment Group'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
	=	12.8	+	6.6	-	49.98
	=	-30.58

Regal Entertainment Group (NYSE:RGC) 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.

Regal Entertainment Group Cash Conversion Cycle Related Terms

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

Regal Entertainment Group (Regal Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Regal Entertainment Group (NYSE:RGC) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.regmovies.com

Regal is the largest movie theater circuit in the United States.Â It operates more than 6,300 screens in 39 states, including 44 of the top 50 designated market areas. Regal generated nearly $3 billion of revenue, approximately 70% of which was from ticket sales, 25% from concessions sales, and the remaining 5% from other streams, such as on-screen advertising and in-lobby video games. Most of Regal's theaters are located in midsize cities and suburban areas of larger cities.

Executives

Amy E Miles	director, officer: Chief Executive Officer
David H Keyte	director	1615 WYNKOOP STREET, DENVER CO 80902
Lee M Thomas	director	133 PEACHTREE ST NE, 41ST FL, ATLANTA GA 30303
Alex Yemenidjian	director	C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Bell Thomas D Jr	director
Charles E Brymer	director	437 MADISON AVENUE, NEW YORK NY 10022
Philip F Anschutz	10 percent owner	2400 ANACONDA TOWER 555 SEVENTEENTH ST, C/O ANSCHUTZ CO STE 2400, DENVER CO 80202
Michael L Campbell	director	7132 REGAL LANE, KNOXVILLE TN 37918
Peter B Brandow	officer: EVP, General Counsel, Sec.	C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Stephen A Kaplan	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anschutz Co	10 percent owner	555 SEVENTEENTH STREET, SUITE 2400, DENVER CO 80202
Oaktree Capital Management Lp	10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Principal Opportunities Fund Ii Lp	10 percent owner
Kurt C Hall	other: Former Co-Chairman and Co-CEO	C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Michael J Dolan	director	C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245