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Brookfield Oaktree Holdings LLC (Brookfield Oaktree Holdings LLC) Cash Conversion Cycle : -83.99 (As of Sep. 2019)


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What is Brookfield Oaktree Holdings LLC Cash Conversion Cycle?

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

Brookfield Oaktree Holdings LLC's Days Sales Outstanding for the three months ended in Sep. 2019 was 33.85.
Brookfield Oaktree Holdings LLC's Days Inventory for the three months ended in Sep. 2019 was 0.
Brookfield Oaktree Holdings LLC's Days Payable for the three months ended in Sep. 2019 was 117.84.
Therefore, Brookfield Oaktree Holdings LLC's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2019 was -83.99.


Brookfield Oaktree Holdings LLC Cash Conversion Cycle Historical Data

The historical data trend for Brookfield Oaktree Holdings LLC'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.

Brookfield Oaktree Holdings LLC Cash Conversion Cycle Chart

Brookfield Oaktree Holdings LLC 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 -93.35 -137.01 -121.20 -71.25 -75.89

Brookfield Oaktree Holdings LLC 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 -111.75 -46.78 -79.96 -66.90 -83.99

Competitive Comparison of Brookfield Oaktree Holdings LLC's Cash Conversion Cycle

For the Asset Management subindustry, Brookfield Oaktree Holdings LLC'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.


Brookfield Oaktree Holdings LLC's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Oaktree Holdings LLC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Brookfield Oaktree Holdings LLC's Cash Conversion Cycle falls into.



Brookfield Oaktree Holdings LLC 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.

Brookfield Oaktree Holdings LLC'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
=0+0-75.89
=-75.89

Brookfield Oaktree Holdings LLC'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
=33.85+0-117.84
=-83.99

* 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.


Brookfield Oaktree Holdings LLC  (NYSE:OAKpA.PFD) 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.


Brookfield Oaktree Holdings LLC Cash Conversion Cycle Related Terms

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Brookfield Oaktree Holdings LLC (Brookfield Oaktree Holdings LLC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.

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