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Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Cash Conversion Cycle : -8.02 (As of Dec. 2018)


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What is Bagger Dave's Burger Tavern Cash Conversion Cycle?

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

Bagger Dave's Burger Tavern's Days Sales Outstanding for the three months ended in Dec. 2018 was 3.72.
Bagger Dave's Burger Tavern's Days Inventory for the three months ended in Dec. 2018 was 10.51.
Bagger Dave's Burger Tavern's Days Payable for the three months ended in Dec. 2018 was 22.25.
Therefore, Bagger Dave's Burger Tavern's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2018 was -8.02.


Bagger Dave's Burger Tavern Cash Conversion Cycle Historical Data

The historical data trend for Bagger Dave's Burger Tavern'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.

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Bagger Dave's Burger Tavern Cash Conversion Cycle Chart

Bagger Dave's Burger Tavern Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
-23.02 -15.96 -3.72 -7.46

Bagger Dave's Burger Tavern Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Dec18
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 -0.19 -1.69 -5.77 -8.02

Competitive Comparison of Bagger Dave's Burger Tavern's Cash Conversion Cycle

For the Restaurants subindustry, Bagger Dave's Burger Tavern'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.


Bagger Dave's Burger Tavern's Cash Conversion Cycle Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bagger Dave's Burger Tavern's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bagger Dave's Burger Tavern's Cash Conversion Cycle falls into.



Bagger Dave's Burger Tavern 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.

Bagger Dave's Burger Tavern's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.63+9.92-21.01
=-7.46

Bagger Dave's Burger Tavern's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.72+10.51-22.25
=-8.02

* 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.


Bagger Dave's Burger Tavern  (OTCPK:BDVB) 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.


Bagger Dave's Burger Tavern Cash Conversion Cycle Related Terms

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Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
Bagger Dave's Burger Tavern Inc is a multi-service ultra-casual restaurant and bar concept. It specializes in locally sourced, fresh prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milkshakes, salads, black bean turkey chili, pizza with hot oil and others. The concept differentiates itself from other establishments by the absence of walk-in freezers and microwaves, substantiating fresh food offerings.

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