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Berry (bry) (Berry (bry)) Cash Conversion Cycle : 29.56 (As of Dec. 2023)


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What is Berry (bry) Cash Conversion Cycle?

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

Berry (bry)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 40.
Berry (bry)'s Days Inventory for the three months ended in Dec. 2023 was 13.26.
Berry (bry)'s Days Payable for the three months ended in Dec. 2023 was 23.7.
Therefore, Berry (bry)'s Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 29.56.


Berry (bry) Cash Conversion Cycle Historical Data

The historical data trend for Berry (bry)'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.

Berry (bry) Cash Conversion Cycle Chart

Berry (bry) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 37.17 57.86 35.51 22.99 28.99

Berry (bry) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 27.16 29.46 25.98 26.29 29.56

Competitive Comparison of Berry (bry)'s Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Berry (bry)'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.


Berry (bry)'s Cash Conversion Cycle Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Berry (bry)'s Cash Conversion Cycle falls into.



Berry (bry) 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.

Berry (bry)'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
=39.87+9.95-20.83
=28.99

Berry (bry)'s Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=40+13.26-23.7
=29.56

* 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.


Berry (bry)  (NAS:BRY) 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.


Berry (bry) Cash Conversion Cycle Related Terms

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


Berry (bry) (Berry (bry)) Business Description

Traded in Other Exchanges
Address
16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248
Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.
Executives
Danielle E. Hunter officer: EVP, Gen Counsel & Corp Sec 3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith director, officer: See Remarks 5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc director, 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc 10 percent owner 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker director 200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo officer: EVP & Chief Operating Officer 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher officer: EVP, Business Development 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva officer: EVP of Corporate Affairs 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland director 5201 TRUXTUN AVE., BAKERSFIELD CA 93309

Berry (bry) (Berry (bry)) Headlines

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