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Tv AztecaB de CV (Tv AztecaB de CV) Cash Conversion Cycle : 56.33 (As of Dec. 2022)


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What is Tv AztecaB de CV Cash Conversion Cycle?

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

Tv AztecaB de CV's Days Sales Outstanding for the three months ended in Dec. 2022 was 53.84.
Tv AztecaB de CV's Days Inventory for the three months ended in Dec. 2022 was 39.99.
Tv AztecaB de CV's Days Payable for the three months ended in Dec. 2022 was 37.5.
Therefore, Tv AztecaB de CV's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 56.33.


Tv AztecaB de CV Cash Conversion Cycle Historical Data

The historical data trend for Tv AztecaB de CV'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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Tv AztecaB de CV Cash Conversion Cycle Chart

Tv AztecaB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.15 34.46 -18.08 -30.35 43.78

Tv AztecaB de CV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 70.92 90.96 103.65 109.77 56.33

Competitive Comparison of Tv AztecaB de CV's Cash Conversion Cycle

For the Broadcasting subindustry, Tv AztecaB de CV'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.


Tv AztecaB de CV's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tv AztecaB de CV's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Tv AztecaB de CV's Cash Conversion Cycle falls into.



Tv AztecaB de CV 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.

Tv AztecaB de CV's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=65.36+0.43-22.01
=43.78

Tv AztecaB de CV's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=53.84+39.99-37.5
=56.33

* 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.


Tv AztecaB de CV  (OTCPK:AZTEF) 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.


Tv AztecaB de CV Cash Conversion Cycle Related Terms

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Tv AztecaB de CV (Tv AztecaB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Periferico sur 4121, Col Fuentes del Pedregal, MEX
Tv Azteca SAB de CV is primarily involved in the production of Spanish-language television programming. It operates four television channels in Mexico: Azteca uno, which is oriented to women, Azteca 7 which focuses on contemporary families, adn40 which focuses on a first 24-hour informative television channel, and a + which is for a network of local signals. The company also owns two soccer teams of the first division of the Mexican Football Federation and operates Azteca Internet. It also produces a variety of content, including series, reality shows, news, broadcasts, sports broadcasts, music programs, contest shows, talk shows and variety shows. It derives most of its revenues from the sale of the television programming and has operations spread across Mexico.