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Scientific Learning (Scientific Learning) Cash Conversion Cycle : 22.42 (As of Jun. 2017)


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What is Scientific Learning Cash Conversion Cycle?

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

Scientific Learning's Days Sales Outstanding for the three months ended in Jun. 2017 was 52.99.
Scientific Learning's Days Inventory for the three months ended in Jun. 2017 was 0.
Scientific Learning's Days Payable for the three months ended in Jun. 2017 was 30.57.
Therefore, Scientific Learning's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was 22.42.


Scientific Learning Cash Conversion Cycle Historical Data

The historical data trend for Scientific Learning'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.

Scientific Learning Cash Conversion Cycle Chart

Scientific Learning Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.17 -11.50 -5.96 2.18 26.31

Scientific Learning Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 28.72 45.29 63.20 26.14 22.42

Competitive Comparison of Scientific Learning's Cash Conversion Cycle

For the Education & Training Services subindustry, Scientific Learning'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.


Scientific Learning's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Scientific Learning's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Scientific Learning's Cash Conversion Cycle falls into.



Scientific Learning 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.

Scientific Learning's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=46.75+0-20.44
=26.31

Scientific Learning's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.99+0-30.57
=22.42

* 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.


Scientific Learning  (OTCPK:SCIL) 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.


Scientific Learning Cash Conversion Cycle Related Terms

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Scientific Learning (Scientific Learning) Business Description

Traded in Other Exchanges
N/A
Address
1956 Webster Street, Suite 200, Oakland, CA, USA, 94612-2943
Scientific Learning Corp is an education company. It develops, distributes and licenses technology that accelerates learning by improving the processing efficiency of the brain. The company's patented products build learning capacity by rigorously and systematically applying neuroscience-based learning principles to improve the fundamental cognitive skills required to read and learn. The company offers a variety of on-site and remote professional and technical services, as well as phone, email and web-based support. The company sells primarily to K-12 schools in the United States through a direct sales force. It derives revenues in the form of subscription revenue, license revenue, support and professional services.
Executives
Steven G. Simon 10 percent owner TRIGRAN INVESTMENTS, INC., 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Lawrence A Oberman 10 percent owner TRIGRAN INVESTMENTS, INC., 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Trigran Investments Lp 10 percent owner 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Trigran Investments, Inc. 10 percent owner 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Douglas Granat 10 percent owner TRIGRAN INVESTMENTS, INC., SUITE 230, NORTHBROOK IL 60062
Jane A Freeman officer: Chief Financial Officer ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Gayle A Crowell director
Dino A Rossi director 61 WATROO POINT, DANIEL ISLAND SC 29492
Joseph B Martin director C/O BAXTER INTERNATIONAL INC., ONE BAXTER PARKWAY, DEERFIELD IL 60015
Warburg Pincus Ventures Lp 10 percent owner E M WARBURG PINCUS & CO INC 466 LEXINGTON AVE 10TH FL NEW YORK NY 10017-3147

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