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Atlas Energy Group LLC (Atlas Energy Group LLC) Cash Conversion Cycle : -3.48 (As of Sep. 2018)


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What is Atlas Energy Group LLC Cash Conversion Cycle?

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

Atlas Energy Group LLC's Days Sales Outstanding for the three months ended in Sep. 2018 was 33.17.
Atlas Energy Group LLC's Days Inventory for the three months ended in Sep. 2018 was 0.
Atlas Energy Group LLC's Days Payable for the three months ended in Sep. 2018 was 36.65.
Therefore, Atlas Energy Group LLC's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2018 was -3.48.


Atlas Energy Group LLC Cash Conversion Cycle Historical Data

The historical data trend for Atlas Energy Group LLC'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.

Atlas Energy Group LLC Cash Conversion Cycle Chart

Atlas Energy Group LLC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial -48.66 -52.71 -81.16 -12.39 -60.01

Atlas Energy Group LLC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 4.31 43.51 -50.40 7.21 -3.48

Competitive Comparison of Atlas Energy Group LLC's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Atlas Energy Group LLC'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.


Atlas Energy Group LLC's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas Energy Group LLC's Cash Conversion Cycle distribution charts can be found below:

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



Atlas Energy Group LLC 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.

Atlas Energy Group LLC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=28.21+0-88.22
=-60.01

Atlas Energy Group LLC's Cash Conversion Cycle for the quarter that ended in Sep. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=33.17+0-36.65
=-3.48

* 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.


Atlas Energy Group LLC  (NYSE:ATLSW) 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.


Atlas Energy Group LLC Cash Conversion Cycle Related Terms

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Atlas Energy Group LLC (Atlas Energy Group LLC) Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Atlas Energy Group LLC is active in the oil and gas market. It is an energy management company, which acquires and develops upstream and midstream oil and gas assets. It is an independent developer and producer of natural gas, crude oil, and natural gas liquids. The company conducts natural gas and oil operations in the mid-continent region of the United States and owns interests in Lightfoot Capital Partners, L.P. and Lightfoot Capital Partners GP, LLC.
Executives
Leon G Cooperman 10 percent owner 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Matthew Finkbeiner officer: Chief Accounting Officer 1000 COMMERCE DRIVE, 4TH FLOOR, PITTSBURGH PA 15275
Jonathan Z Cohen director, officer: Executive Chairman 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Edward E Cohen director, officer: CEO RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Daniel C Herz officer: President 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Jeffrey M Slotterback officer: Chief Accounting Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Lisa Washington officer: VP, CLO & Secretary 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Mark D Schumacher officer: Senior Vice President 1845 WALNUT STREET, PHILADELPHIA PA 19103
Ellen Warren director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Dolly Ann Craig director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Holtz Dennis A Esq director
Mark C Biderman director NATIONAL FINANCIAL PARTNERS CORP, 340 MADISON AVENUE, 19TH FL, NEW YORK NY 10173
Jeffrey F Kupfer director 1845 WALNUT STREET 10FLOOR, PHILADELAPHIA PA 19103
Walter C Jones director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Freddie M Kotek officer: Senior Vice President RESOURCE AMERICA, 1845 WALNUT ST, PHILADELPHIA PA 19103

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