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Care.com (Care.com) Cash Conversion Cycle : 1.86 (As of Sep. 2019)


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What is Care.com Cash Conversion Cycle?

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

Care.com's Days Sales Outstanding for the three months ended in Sep. 2019 was 9.87.
Care.com's Days Inventory for the three months ended in Sep. 2019 was 0.
Care.com's Days Payable for the three months ended in Sep. 2019 was 8.01.
Therefore, Care.com's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2019 was 1.86.


Care.com Cash Conversion Cycle Historical Data

The historical data trend for Care.com'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.

Care.com Cash Conversion Cycle Chart

Care.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial -42.60 -45.07 -25.87 -13.88 -13.36

Care.com 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 -4.17 -9.27 -7.36 3.17 1.86

Competitive Comparison of Care.com's Cash Conversion Cycle

For the Internet Content & Information subindustry, Care.com'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.


Care.com's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Care.com's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Care.com's Cash Conversion Cycle falls into.



Care.com 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.

Care.com'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
=9.33+0-22.69
=-13.36

Care.com'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
=9.87+0-8.01
=1.86

* 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.


Care.com  (NYSE:CRCM) 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.


Care.com Cash Conversion Cycle Related Terms

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


Care.com (Care.com) Business Description

Traded in Other Exchanges
N/A
Address
77 Fourth Avenue, Fifth Floor, Waltham, MA, USA, 02451
Care.com Inc is an online marketplace for finding and managing family care and also e-commerce service selling curated products designed for families. It helps families address their particular lifecycle of care needs. The company focuses on child care, senior care, special needs care and other non-medical family care needs such as pet care, tutoring, and housekeeping. The group's products and services encompass consumer matching solutions, consumer payments solutions, consumer social e-commerce solutions, community platforms and tools and solutions for care related businesses.
Executives
George Bell director 117 KENDRICK STREET, STE 200, NEEDHAM MA 02494
Harris William H Jr director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Ac/interactivecorp 10 percent owner 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Capitalg Gp Llc 10 percent owner 1600 AMPITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Capitalg Lp 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Alphabet Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
J Sanford Miller director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
New Enterprise Associates 13 Lp 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Nea Partners 13, Limited Partnership 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Nea 13 Gp, Ltd 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Patrick J Kerins 10 percent owner
Scott D Sandell 10 percent owner
M James Barrett 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202

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