Waitr Holdings's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 22.16.
Waitr Holdings's Days Inventory for the
three
months ended in Sep. 2023 was .
Waitr Holdings's Days Payable for the
three
months ended in Sep. 2023 was .
Therefore, Waitr Holdings's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2023 was 22.16.
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.
Waitr Holdings Cash Conversion Cycle Related Terms
Waitr Holdings Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Waitr Holdings'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.
ASAPQ vs JFBR, MI, PIK: Cash Conversion Cycle Comparison
For the Internet Retail subindustry, Waitr Holdings'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.
Waitr Holdings Cash Conversion Cycle vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Waitr Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Waitr Holdings's Cash Conversion Cycle falls into.
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.
Waitr Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Waitr Holdings (ASAPQ) has a Cash Conversion Cycle of 22.16 as of Sep. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Waitr Holdings and its competitors.
Is Waitr Holdings' Cash Conversion Cycle too high?
Waitr Holdings' current Cash Conversion Cycle is 22.16. The Retail - Cyclical industry median Cash Conversion Cycle is 69.79. Waitr Holdings' value of 22.16 is 68.2% below this industry median. Overall, Waitr Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Waitr Holdings' Cash Conversion Cycle compare to JFBR and MI?
Waitr Holdings' Cash Conversion Cycle of 22.16 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.79. Waitr Holdings' value of 22.16 is 68.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.79, based on 1,126 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waitr Holdings's current Cash Conversion Cycle of 22.16 is 68.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Waitr Holdings and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waitr Holdings's current Cash Conversion Cycle is 22.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waitr Holdings stock overvalued right now?
Waitr Holdings (ASAPQ) has a current Cash Conversion Cycle of 22.16. The current Cash Conversion Cycle is 22.16 and 68.2% below the Retail - Cyclical industry median of 69.79. Waitr Holdings' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Waitr Holdings (ASAPQ), the current Cash Conversion Cycle is 22.16 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Waitr Holdings Inc operates an online ordering technology platform that provides delivery, carryout, and dine-in options, connecting restaurants, merchants, drivers, and diners in certain cities in the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. Its platform uses the deliver anything ASAP model making it easy for consumers to order food, alcohol, convenience, grocery, flowers, auto parts, and more, and includes proprietary in-stadium mobile ordering technology. It has two reportable segments Delivery Services Segment and Third-Party Payment Processing Referral Services Segment, and the majority of the revenue comes from the Delivery Services Segment.
16GF Score
Get the complete analysis for ASAPQ
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASAPQ has been successfully added to your 
