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Boston Omaha (Boston Omaha) Cash Conversion Cycle : -149.92 (As of Mar. 2024)


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What is Boston Omaha Cash Conversion Cycle?

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

Boston Omaha's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.67.
Boston Omaha's Days Inventory for the three months ended in Mar. 2024 was 0.
Boston Omaha's Days Payable for the three months ended in Mar. 2024 was 193.59.
Therefore, Boston Omaha's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -149.92.


Boston Omaha Cash Conversion Cycle Historical Data

The historical data trend for Boston Omaha'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.

Boston Omaha Cash Conversion Cycle Chart

Boston Omaha Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -57.23 -90.41 -287.81 -224.63 -134.13

Boston Omaha Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -99.85 -113.78 -128.64 -146.21 -149.92

Competitive Comparison of Boston Omaha's Cash Conversion Cycle

For the Advertising Agencies subindustry, Boston Omaha'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.


Boston Omaha's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Boston Omaha's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Boston Omaha's Cash Conversion Cycle falls into.



Boston Omaha 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.

Boston Omaha's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=34.08+0-168.21
=-134.13

Boston Omaha's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=43.67+0-193.59
=-149.92

* 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.


Boston Omaha  (NYSE:BOC) 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.


Boston Omaha Cash Conversion Cycle Related Terms

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


Boston Omaha (Boston Omaha) Business Description

Traded in Other Exchanges
Address
1601 Dodge Street, Suite 3300, Omaha, NE, USA, 68102
Boston Omaha Corp is a US-based company which invests in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operates three separate lines of business, outdoor billboard advertising, surety insurance and related brokerage activities, and broadband services. It also engages in investments in real estate management and related activities. The company generates the majority of the revenue from billboard rentals.
Executives
Joshua Paul Weisenburger officer: Chief Financial Officer 1411 HARNEY ST. SUITE 200, OMAHA NE 68102
Jeffrey C Royal director 5420 NICHOLAS STREET, OMAHA NE 68132
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Alexander Buffett Rozek director, 10 percent owner, officer: Co-Chief Executive Officer 292 NEWBURY ST #333, BOSTON MA 02115
Brendan Joseph Keating director 8918 SPANISH RIDGE AVENUE, SUITE 100, LAS VEGAS NV 89148
Steven Charles Mcghie officer: See Remarks BOSTON OMAHA CORPORATION, 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
David John Herman officer: See Remarks BOSTON OMAHA CORPORATION, 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Vishnu Srinivasan director C/O BOSTON OMAHA CORPORATION, 292 NEWBURY ST. SUITE 333, BOSTON MA 02115
Kenan Frank H. Ii director C/O BOSTON OMAHA CORPORATION.,, 292 NEWBURY ST. SUITE 333, BOSTON MA 02115
Joseph Max Meisinger officer: Chief Accounting Officer BOSTON OMAHA CORPORATION, 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Boulderado Group, Llc other: Manager is Director and Co-CEO 292 NEWBURY STREET, SUITE 333, BOSTON MA 02115
Bradford B Briner director 705 GIMGHOUL ROAD, CHAPEL HILL NC 27514
Magnolia Boc Ii, Lp 10 percent owner 1411 HARNEY ST., SUITE 200, OMAHA NE 68102
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
William Scott Lafoy officer: CEO of Link Media Holdings,LLC C/O LINK MEDIA OUTDOOR, 200 MANSELL CT. EAST, BLDG 200 STE. 360, ROSWELL GA 30076