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Sanchez Energy (Sanchez Energy) Cash Conversion Cycle : 37.29 (As of Sep. 2019)


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What is Sanchez Energy Cash Conversion Cycle?

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

Sanchez Energy's Days Sales Outstanding for the three months ended in Sep. 2019 was 46.46.
Sanchez Energy's Days Inventory for the three months ended in Sep. 2019 was 0.
Sanchez Energy's Days Payable for the three months ended in Sep. 2019 was 9.17.
Therefore, Sanchez Energy's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2019 was 37.29.


Sanchez Energy Cash Conversion Cycle Historical Data

The historical data trend for Sanchez Energy'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.

Sanchez Energy Cash Conversion Cycle Chart

Sanchez Energy 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 3.40 26.32 31.66 31.41 20.55

Sanchez Energy 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 25.92 22.56 25.74 32.84 37.29

Competitive Comparison of Sanchez Energy's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Sanchez Energy'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.


Sanchez Energy's Cash Conversion Cycle Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Sanchez Energy's Cash Conversion Cycle falls into.



Sanchez Energy 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.

Sanchez Energy'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
=34.4+0-13.85
=20.55

Sanchez Energy'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
=46.46+0-9.17
=37.29

* 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.


Sanchez Energy  (OTCPK:SCAZQ.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.


Sanchez Energy Cash Conversion Cycle Related Terms

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Sanchez Energy (Sanchez Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 3000, Houston, TX, USA, 77002
Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of resource potential from the Eagle Ford Shale in South Texas. The company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. It generates its revenue from the sale of oil, natural gas liquid sales, and others.
Executives
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Adam C. Zylman director 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Cameron W. George officer: Interim CFO 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Nelson Robert V. Iii director 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Gso Capital Solutions Associates Ii Lp 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Energy Partners-d Associates Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Solutions Associates Ii (cayman) Ltd. 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Solutions Associates Ii (delaware) Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Opportunities Fund Iii Lp 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gso Energy Partners-c Ii Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Select Opportunities Fund Lp 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gso Energy Partners-d Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-b Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-c Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-a Associates Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154