ASCC (Aristocrat Group) Cash Conversion Cycle: -987.42 (As of Apr. 2016)


What is Aristocrat Group Cash Conversion Cycle?

Aristocrat Group ASCC Cash Conversion Cycle is -987.42 as of Apr. 2016.

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

Aristocrat Group's Days Sales Outstanding for the three months ended in Apr. 2016 was 59.78.
Aristocrat Group's Days Inventory for the three months ended in Apr. 2016 was 82.56.
Aristocrat Group's Days Payable for the three months ended in Apr. 2016 was 1129.76.
Therefore, Aristocrat Group's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2016 was -987.42.


Aristocrat Group  (OTCPK:ASCC) 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.


Aristocrat Group Cash Conversion Cycle Related Terms


Aristocrat Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Aristocrat Group'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.

Aristocrat Group Cash Conversion Cycle Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Cash Conversion Cycle
0.00 0.00 -3,991.08 -929.94

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 -696.93 -663.99 -1,025.97 -600.88 -987.42

ASCC vs CMHZ, THST, ICNB: Cash Conversion Cycle Comparison

For the Beverages - Wineries & Distilleries subindustry, Aristocrat Group'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.


Aristocrat Group Cash Conversion Cycle vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Aristocrat Group's Cash Conversion Cycle distribution charts can be found below:

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



Aristocrat Group 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.

Aristocrat Group's Cash Conversion Cycle for the fiscal year that ended in Jul. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=27.21+48.54-1005.69
=-929.94

Aristocrat Group's Cash Conversion Cycle for the quarter that ended in Apr. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59.78+82.56-1129.76
=-987.42

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -987.42 mean?
Aristocrat Group (ASCC) has a Cash Conversion Cycle of -987.42 as of Apr. 2016. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Aristocrat Group and its competitors.
Is Aristocrat Group's Cash Conversion Cycle too high?
Aristocrat Group's current Cash Conversion Cycle is -987.42.
How does Aristocrat Group's Cash Conversion Cycle compare to CMHZ and THST?
Aristocrat Group's Cash Conversion Cycle of -987.42 can be compared against companies in the Beverages - Alcoholic industry. The industry median Cash Conversion Cycle is 146.27. 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 Beverages - Alcoholic company?
The median Cash Conversion Cycle among Beverages - Alcoholic companies is 146.27, based on 213 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. 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 Aristocrat Group and its competitors. For the Beverages - Alcoholic industry, the median Cash Conversion Cycle is 146.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aristocrat Group's current Cash Conversion Cycle is -987.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Group stock overvalued right now?
Aristocrat Group (ASCC) has a current Cash Conversion Cycle of -987.42. The current Cash Conversion Cycle is -987.42. 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 Aristocrat Group (ASCC), the current Cash Conversion Cycle is -987.42 as of Apr. 2016. 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.

Aristocrat Group Business Description

Address 4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in the distilled spirits industry. It is engaged in the business of brand management and development in the beverage and lifestyle space, with a focus on alcoholic beverage brands in the U.S. The company's principal beverage products-Merica Beer and RWB Vodka, which are manufactured and packaged through third-party partners. Its core operations encompass licensing agreements (manufacture, marketing and distribution), brand development and visual identity, retail and e-commerce distribution, and product innovation/portfolio expansion.