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Qumu (FRA:RMG) Cash Conversion Cycle : 61.17 (As of Sep. 2022)


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What is Qumu Cash Conversion Cycle?

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

Qumu's Days Sales Outstanding for the three months ended in Sep. 2022 was 61.17.
Qumu's Days Inventory for the three months ended in Sep. 2022 was 0.
Qumu's Days Payable for the three months ended in Sep. 2022 was 0.
Therefore, Qumu's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 61.17.


Qumu Cash Conversion Cycle Historical Data

The historical data trend for Qumu'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.

Qumu Cash Conversion Cycle Chart

Qumu Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.30 84.58 77.11 66.75 67.78

Qumu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 59.98 63.51 67.36 62.23 61.17

Competitive Comparison of Qumu's Cash Conversion Cycle

For the Software - Application subindustry, Qumu'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.


Qumu's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Qumu's Cash Conversion Cycle distribution charts can be found below:

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



Qumu 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.

Qumu's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=67.78+0-0
=67.78

Qumu's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=61.17+0-0
=61.17

* 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.


Qumu  (FRA:RMG) 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.


Qumu Cash Conversion Cycle Related Terms

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Qumu (FRA:RMG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 401-412, Minneapolis, MN, USA, 55415
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.

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