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American Community Newspapers (American Community Newspapers) Cash Conversion Cycle : 28.26 (As of Jun. 2008)


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What is American Community Newspapers Cash Conversion Cycle?

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

American Community Newspapers's Days Sales Outstanding for the three months ended in Jun. 2008 was 37.85.
American Community Newspapers's Days Inventory for the three months ended in Jun. 2008 was 10.12.
American Community Newspapers's Days Payable for the three months ended in Jun. 2008 was 19.71.
Therefore, American Community Newspapers's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2008 was 28.26.


American Community Newspapers Cash Conversion Cycle Historical Data

The historical data trend for American Community Newspapers'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.

American Community Newspapers Cash Conversion Cycle Chart

American Community Newspapers Annual Data
Trend Dec05 Dec06 Dec07
Cash Conversion Cycle
-36.78 -105.58 65.71

American Community Newspapers Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 31.19 29.72 31.01 28.26

Competitive Comparison of American Community Newspapers's Cash Conversion Cycle

For the Publishing subindustry, American Community Newspapers'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.


American Community Newspapers's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, American Community Newspapers's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where American Community Newspapers's Cash Conversion Cycle falls into.



American Community Newspapers 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.

American Community Newspapers's Cash Conversion Cycle for the fiscal year that ended in Dec. 2007 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=70.74+14.15-19.18
=65.71

American Community Newspapers's Cash Conversion Cycle for the quarter that ended in Jun. 2008 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=37.85+10.12-19.71
=28.26

* 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.


American Community Newspapers  (OTCPK:ACNI) 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.


American Community Newspapers Cash Conversion Cycle Related Terms

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American Community Newspapers (American Community Newspapers) Business Description

Traded in Other Exchanges
N/A
Address
14875 Landmark Boulevard, Suite 110, Addison, TX, USA, 75254
American Community Newspapers Inc is a community newspaper publisher in the United States, operating within four major U.S. markets.
Executives
Rachesky Mark H Md 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Mhr Advisors Llc 10 percent owner
Marilyn Rubenstein 10 percent owner
Woodland Services Corp 10 percent owner
Israel A Englander other: May be deemed as group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c. 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc other: May be deemed as group member. 399 PARK AVENUE, NEW YORK NY 10022
Barry Rubenstein 10 percent owner 68 WHEATLEY RD, BROOKVILLE NY 11545

American Community Newspapers (American Community Newspapers) Headlines

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