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Inventure Foods (Inventure Foods) Cash Conversion Cycle : 71.92 (As of Sep. 2017)


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What is Inventure Foods Cash Conversion Cycle?

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

Inventure Foods's Days Sales Outstanding for the three months ended in Sep. 2017 was 42.86.
Inventure Foods's Days Inventory for the three months ended in Sep. 2017 was 110.36.
Inventure Foods's Days Payable for the three months ended in Sep. 2017 was 81.3.
Therefore, Inventure Foods's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2017 was 71.92.


Inventure Foods Cash Conversion Cycle Historical Data

The historical data trend for Inventure Foods'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.

Inventure Foods Cash Conversion Cycle Chart

Inventure Foods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.81 74.72 87.01 93.82 93.01

Inventure Foods Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 237.04 33.22 101.74 74.08 71.92

Competitive Comparison of Inventure Foods's Cash Conversion Cycle

For the Packaged Foods subindustry, Inventure Foods'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.


Inventure Foods's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inventure Foods's Cash Conversion Cycle distribution charts can be found below:

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



Inventure Foods 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.

Inventure Foods's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=24.6+118.96-50.55
=93.01

Inventure Foods's Cash Conversion Cycle for the quarter that ended in Sep. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=42.86+110.36-81.3
=71.92

* 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.


Inventure Foods  (NAS:SNAK) 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.


Inventure Foods Cash Conversion Cycle Related Terms

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Inventure Foods (Inventure Foods) Business Description

Traded in Other Exchanges
N/A
Address
Inventure Foods Inc develops, produces markets and distributes snack food products and frozen berry products. The Company operates in two segments: frozen products and snack products.
Executives
Luther Jr King 10 percent owner 5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
John Bryan King 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
Lkcm Core Discipline, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Micro-cap Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Harold S Edwards director SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Steven R Becker 10 percent owner 5525 NAKOMA DRIVE, DALLAS TX 75209

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