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OtherLevels Holdings (ASX:OLV) Cash Conversion Cycle : 40.79 (As of Dec. 2019)


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What is OtherLevels Holdings Cash Conversion Cycle?

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

OtherLevels Holdings's Days Sales Outstanding for the six months ended in Dec. 2019 was 40.79.
OtherLevels Holdings's Days Inventory for the six months ended in Dec. 2019 was .
OtherLevels Holdings's Days Payable for the six months ended in Dec. 2019 was .
Therefore, OtherLevels Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2019 was 40.79.


OtherLevels Holdings Cash Conversion Cycle Historical Data

The historical data trend for OtherLevels 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.

* Premium members only.

OtherLevels Holdings Cash Conversion Cycle Chart

OtherLevels Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Cash Conversion Cycle
118.57 52.85 31.71 20.70 38.31

OtherLevels Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 22.95 18.93 22.61 40.79

Competitive Comparison of OtherLevels Holdings's Cash Conversion Cycle

For the Software - Infrastructure subindustry, OtherLevels 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.


OtherLevels Holdings's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, OtherLevels Holdings's Cash Conversion Cycle distribution charts can be found below:

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



OtherLevels Holdings 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.

OtherLevels Holdings's Cash Conversion Cycle for the fiscal year that ended in Jun. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=38.31+-
=38.31

OtherLevels Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=40.79+-
=40.79

* 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.


OtherLevels Holdings  (ASX:OLV) 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.


OtherLevels Holdings Cash Conversion Cycle Related Terms

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OtherLevels Holdings (ASX:OLV) Business Description

Traded in Other Exchanges
N/A
Address
235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000
OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.

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