GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Recycling Asset Holdings Inc (NAS:IDSA) » Definitions » Cash Conversion Cycle

Recycling Asset Holdings (Recycling Asset Holdings) Cash Conversion Cycle : 53.54 (As of Sep. 2019)


View and export this data going back to 1995. Start your Free Trial

What is Recycling Asset Holdings Cash Conversion Cycle?

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

Recycling Asset Holdings's Days Sales Outstanding for the three months ended in Sep. 2019 was 34.49.
Recycling Asset Holdings's Days Inventory for the three months ended in Sep. 2019 was 32.17.
Recycling Asset Holdings's Days Payable for the three months ended in Sep. 2019 was 13.12.
Therefore, Recycling Asset Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2019 was 53.54.


Recycling Asset Holdings Cash Conversion Cycle Historical Data

The historical data trend for Recycling Asset Holdings'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.

Recycling Asset Holdings Cash Conversion Cycle Chart

Recycling Asset Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.15 57.56 36.02 43.36 50.90

Recycling Asset Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 57.14 67.61 62.42 61.33 53.54

Competitive Comparison of Recycling Asset Holdings's Cash Conversion Cycle

For the Waste Management subindustry, Recycling Asset Holdings'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.


Recycling Asset Holdings's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Recycling Asset Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Recycling Asset Holdings's Cash Conversion Cycle falls into.



Recycling Asset Holdings 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.

Recycling Asset Holdings'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
=25.69+38.57-13.36
=50.90

Recycling Asset Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=34.49+32.17-13.12
=53.54

* 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.


Recycling Asset Holdings  (NAS:IDSA) 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.


Recycling Asset Holdings Cash Conversion Cycle Related Terms

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


Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7100 Grade Lane, Louisville, KY, USA, 40213
Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.
Executives
Daniel M Rifkin 10 percent owner 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell director 1720 ENSLEY AVE, LOS ANGELES CA 90024