GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Almost Family Inc (NAS:AFAM) » Definitions » Cash Conversion Cycle

Almost Family (Almost Family) Cash Conversion Cycle : 40.73 (As of Dec. 2017)


View and export this data going back to 1989. Start your Free Trial

What is Almost Family Cash Conversion Cycle?

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

Almost Family's Days Sales Outstanding for the three months ended in Dec. 2017 was 58.61.
Almost Family's Days Inventory for the three months ended in Dec. 2017 was 0.
Almost Family's Days Payable for the three months ended in Dec. 2017 was 17.88.
Therefore, Almost Family's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 40.73.


Almost Family Cash Conversion Cycle Historical Data

The historical data trend for Almost Family'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.

Almost Family Cash Conversion Cycle Chart

Almost Family 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 40.23 34.78 43.26 42.76 36.67

Almost Family 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 43.66 39.16 43.24 44.87 40.73

Competitive Comparison of Almost Family's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Almost Family'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.


Almost Family's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Almost Family's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Almost Family's Cash Conversion Cycle falls into.



Almost Family 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.

Almost Family'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
=51.54+0-14.87
=36.67

Almost Family'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
=58.61+0-17.88
=40.73

* 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.


Almost Family  (NAS:AFAM) 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.


Almost Family Cash Conversion Cycle Related Terms

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


Almost Family (Almost Family) Business Description

Traded in Other Exchanges
N/A
Address
Almost Family Inc is a provider of home health services. Its services include rehabilitation services such as physical therapy occupational therapy and speech therapy. It also provides specialty programs and senior care advocacy. The reportable segments of the company are home health, other home based services, and healthcare innovations.
Executives
Reed W Earl Iii director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Clifford S Holtz director 1801 CALIFORNIA, SUITE 5100, DENVER CO 80202
Jonathan Goldberg director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Tyree G Wilburn director
Altman Henry M Jr director 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Daniel Schwartz officer: SVP & COO C/O ALMOST FAMILY INC., 9510 ORMSBY STATION, SUITE 300, LOUISVILLE KY 40223
Jeff Reibel officer: VP Finance & CAO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
C Steven Guenthner officer: President & PFO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
John Shermyen officer: SVP Healthcare Innovations 1800 PHOENIX BLVD., SUITE 120, COLLEGE PARK GA 30349
North Tide Capital, Llc 10 percent owner 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Laughlin Conan 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
North Tide Capital Master, Lp 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Wayne T Smith director 500 WEST MAIN STREET, LOUISVILLE KY 40202

Almost Family (Almost Family) Headlines

From GuruFocus

Almost Family: Growth at a Reasonable Price

By Chuck Carnevale Chuck Carnevale 05-07-2010

Almost Family, Inc. – Well Positioned for Demographic Growth

By Dr. Paul Price Dr. Paul Price 09-14-2009

Almost Family Inc Reports Operating Results (10-Q)

By gurufocus 10qk 04-29-2010

Small Caps: An Introduction for Value Investors

By Robert Abbott Robert Abbott 10-29-2018

“Powerball” Ideas - Home Healthcare Companies: AFAM, GTIV, LHCG, AMED

By whopper investments whopper investments 01-06-2012