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Legacy Imbds (Legacy Imbds) Cash Conversion Cycle : 80.10 (As of Oct. 2022)


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What is Legacy Imbds Cash Conversion Cycle?

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

Legacy Imbds's Days Sales Outstanding for the three months ended in Oct. 2022 was 44.74.
Legacy Imbds's Days Inventory for the three months ended in Oct. 2022 was 142.52.
Legacy Imbds's Days Payable for the three months ended in Oct. 2022 was 107.16.
Therefore, Legacy Imbds's Cash Conversion Cycle (CCC) for the three months ended in Oct. 2022 was 80.10.


Legacy Imbds Cash Conversion Cycle Historical Data

The historical data trend for Legacy Imbds'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.

Legacy Imbds Cash Conversion Cycle Chart

Legacy Imbds Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.00 55.19 41.50 56.62 61.88

Legacy Imbds Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 56.08 73.62 77.19 80.10 57.05

Competitive Comparison of Legacy Imbds's Cash Conversion Cycle

For the Specialty Retail subindustry, Legacy Imbds'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.


Legacy Imbds's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Legacy Imbds's Cash Conversion Cycle distribution charts can be found below:

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



Legacy Imbds 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.

Legacy Imbds's Cash Conversion Cycle for the fiscal year that ended in Jan. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=46.66+102.76-92.8
=56.62

Legacy Imbds's Cash Conversion Cycle for the quarter that ended in Oct. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=44.74+142.52-107.16
=80.10

* 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.


Legacy Imbds  (OTCPK:IMBIQ) 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.


Legacy Imbds Cash Conversion Cycle Related Terms

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Legacy Imbds (Legacy Imbds) Business Description

Traded in Other Exchanges
N/A
Address
6740 Shady Oak Road, Eden Prairie, MN, USA, 55344-3433
Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.
Executives
Jill Kathleen Frizzley director P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Steven G Panagos director C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
James Alt officer: Chief Transformation Officer 6740 SHADY OAK ROAD, MINNEAPOLIS MN 55344
Alan W Aldworth director 300 N ZEEB ROAD, AN ARBOR MI 48103
Michael Friedman director 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Eyal Lalo director 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Landel C Hobbs director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Tim Peterman officer: Chief Financial Officer
Thomas Zielecki officer: Chief Financial Officer 6740 SHADY OAK ROAD, MINNEAPOLIS MN 55344
Montgomery Wageman officer: Chief Financial Officer 6740 SHADY OAK ROAD, EDEN PRARIE MN 55344
Darryl C. Porter director 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344
Invicta Media Investments, Llc 10 percent owner 3069 TAFT STREET, HOLLYWOOD FL 33021
Jill M Krueger director
James Spolar officer: SVP, GC and Secretary 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344
Aaron Reitkopf director 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344

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