EXCO Resources (EXCO Resources) Cash Conversion Cycle : -22.32 (As of Dec. 2018)

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What is EXCO Resources Cash Conversion Cycle?

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

EXCO Resources's Days Sales Outstanding for the three months ended in Dec. 2018 was 82.36.
EXCO Resources's Days Inventory for the three months ended in Dec. 2018 was 0.
EXCO Resources's Days Payable for the three months ended in Dec. 2018 was 104.68.
Therefore, EXCO Resources's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2018 was -22.32.

EXCO Resources Cash Conversion Cycle Historical Data

The historical data trend for EXCO Resources'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.

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EXCO Resources Cash Conversion Cycle Chart

EXCO Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash Conversion Cycle

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16.04

26.36

3.34

10.10

-22.06

EXCO Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash Conversion Cycle	Get a 7-Day Free Trial															25.81	0.29	27.23	14.31	-22.32

Competitive Comparison of EXCO Resources's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, EXCO Resources'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.

EXCO Resources's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EXCO Resources's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where EXCO Resources's Cash Conversion Cycle falls into.

EXCO Resources 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.

EXCO Resources's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	83.51	+	0	-	105.57
	=	-22.06

EXCO Resources's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	82.36	+	0	-	104.68
	=	-22.32

EXCO Resources (OTCPK:EXCE) 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.

EXCO Resources Cash Conversion Cycle Related Terms

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EXCO Resources (EXCO Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EXCO Resources Inc (OTCPK:EXCE) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251

Website

http://www.excoresources.com

EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.

Executives

Wl Ross & Co Llc	10 percent owner	2001 ROSS AVENUE, SUITE 3400, DALLAS TX 75201
Wlr Master Co-investment Gp Llc	10 percent owner	1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Wlr Recovery Associates Iv Llc	10 percent owner	1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Invesco Wlr Iv Associates Llc	10 percent owner	1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Wlr Iv Parallel Esc Lp	10 percent owner	1166 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Invesco Private Capital, Inc.	10 percent owner	1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
810679 Ontario Ltd	10 percent owner	95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Second 1109 Holdco Ltd.	10 percent owner	95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
Ffhl Group Ltd	10 percent owner	FAIRFAX FINANCIAL HOLDINGS, 4405 CINNERCE CIYRT WEST, TORONTO ONTARIO A6 00000
Sixty Two Investment Co Ltd	10 percent owner	1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Fairfax Financial Holdings Ltd/ Can	10 percent owner	FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Watsa V Prem Et Al	10 percent owner	95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Wilder John C Jr	director	300 CRESCENT COURT, SUITE 1860, DALLAS TX 75201
Oaktree Value Opportunities Fund Holdings, L.p.	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Principal Opportunities Fund Iii Gp, L.p.	director, 10 percent owner	333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071