GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Insperity Inc (NYSE:NSP) » Definitions » Cash Conversion Cycle

Insperity (Insperity) Cash Conversion Cycle

: 18.82 (As of Dec. 2023)
View and export this data going back to 1997. Start your Free Trial

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

Insperity's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.42.
Insperity's Days Inventory for the three months ended in Dec. 2023 was 0.
Insperity's Days Payable for the three months ended in Dec. 2023 was 0.6.
Therefore, Insperity's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 18.82.


Insperity Cash Conversion Cycle Historical Data

The historical data trend for Insperity'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.

Insperity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.26 0.08 0.23 0.22

Insperity 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 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 Premium Member Only Premium Member Only Premium Member Only 17.06 15.47 34.35 36.63 18.82

Competitive Comparison

For the Staffing & Employment Services subindustry, Insperity'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.


Insperity Cash Conversion Cycle Distribution

For the Business Services industry and Industrials sector, Insperity's Cash Conversion Cycle distribution charts can be found below:

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



Insperity 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.

Insperity'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
=0.84+0-0.62
=0.22

Insperity'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
=19.42+0-0.6
=18.82

* 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.


Insperity  (NYSE:NSP) 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.


Insperity Cash Conversion Cycle Related Terms

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


Insperity (Insperity) Business Description

Traded in Other Exchanges
Address
19001 Crescent Springs Drive, Kingwood, TX, USA, 77339
Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.
Executives
Ellen H Masterson director P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson director, officer: President C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe officer: EVP of Client Services and COO 19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi director, officer: Chairman of the Board & CEO C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink officer: SVP Legal, Gen Counsel & Sec 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison officer: SVP of Gross Profit Operations C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp officer: SVP Finance, CFO & Treasurer C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks officer: EVP of Sales & Marketing C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl director 8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young director 6200 ARNOT, HOUSTON TX 77007

Insperity (Insperity) Headlines

From GuruFocus

Insperity Declares Quarterly Dividend of $0.45

By Business Wire Business Wire 02-24-2022

Insperity Declares Quarterly Dividend of $0.52

By Business Wire Business Wire 08-25-2022

Insperity and UnitedHealthcare Extend Relationship through 2026

By Business Wire Business Wire 01-03-2022

Insperity Declares Quarterly Dividend of $0.52

By Business Wire Business Wire 11-18-2022

Insperity First Quarter Earnings Conference Call Tuesday, April 26

By Business Wire Business Wire 04-18-2022

Insperity Announces Second Quarter Results

By Business Wire 08-01-2023

Insperity Raises Quarterly Dividend by 10%

By Business Wire Business Wire 05-24-2023

Insperity Raises Quarterly Dividend by 16%

By Business Wire Business Wire 05-25-2022