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BB Liquidating (BB Liquidating) Cash Conversion Cycle : 85.38 (As of Dec. 2010)


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What is BB Liquidating Cash Conversion Cycle?

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

BB Liquidating's Days Sales Outstanding for the three months ended in Dec. 2010 was 0.
BB Liquidating's Days Inventory for the three months ended in Dec. 2010 was 122.24.
BB Liquidating's Days Payable for the three months ended in Dec. 2010 was 36.86.
Therefore, BB Liquidating's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2010 was 85.38.


BB Liquidating Cash Conversion Cycle Historical Data

The historical data trend for BB Liquidating'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.

BB Liquidating Cash Conversion Cycle Chart

BB Liquidating Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.14 17.56 50.47 67.93 77.86

BB Liquidating Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 59.47 73.71 91.64 109.39 85.38

Competitive Comparison of BB Liquidating's Cash Conversion Cycle

For the Entertainment subindustry, BB Liquidating'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.


BB Liquidating's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BB Liquidating's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where BB Liquidating's Cash Conversion Cycle falls into.



BB Liquidating 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.

BB Liquidating's Cash Conversion Cycle for the fiscal year that ended in Dec. 2010 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+142.92-65.06
=77.86

BB Liquidating's Cash Conversion Cycle for the quarter that ended in Dec. 2010 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+122.24-36.86
=85.38

* 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.


BB Liquidating  (OTCPK:BLIAQ) 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.


BB Liquidating Cash Conversion Cycle Related Terms

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BB Liquidating (BB Liquidating) Business Description

Traded in Other Exchanges
N/A
Address
2100 Ross Avenue, Suite 2100, Dallas, TX, USA, 75201
BB Liquidating, Inc. formerly Blockbuster, Inc. and its subsidiaries operate and franchise entertainment-related stores in the United States and a number of other countries.
Executives
Dennis Mcgill officer: EVP & CFO 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
James W Keyes director, officer: Chairman & CEO 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Jules Haimovitz director 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Edward Bleier director P.O. BOX 91123, SEATTLE WA 98111-9223
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Hopper Investments Llc other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Capital Lp other: no longer a 10% holder 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iph Gp Llc other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Onshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Offshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises G.p. Inc. other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p. other: no longer a 10% holder 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Barberry Corp /ny/ other: no longer a 10% holder 16630 COLLINS AVENUE, PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

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