GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bluegreen Vacations Corp (NYSE:BXG) » Definitions » Cash Conversion Cycle

Bluegreen Vacations (Bluegreen Vacations) Cash Conversion Cycle : 747.76 (As of Dec. 2020)


View and export this data going back to 2017. Start your Free Trial

What is Bluegreen Vacations Cash Conversion Cycle?

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

Bluegreen Vacations's Days Sales Outstanding for the three months ended in Dec. 2020 was 0.
Bluegreen Vacations's Days Inventory for the three months ended in Dec. 2020 was 779.17.
Bluegreen Vacations's Days Payable for the three months ended in Dec. 2020 was 31.41.
Therefore, Bluegreen Vacations's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2020 was 747.76.


Bluegreen Vacations Cash Conversion Cycle Historical Data

The historical data trend for Bluegreen Vacations'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.

Bluegreen Vacations Cash Conversion Cycle Chart

Bluegreen Vacations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.12 642.85 668.96 695.72 773.45

Bluegreen Vacations Quarterly Data
Dec12 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 771.76 658.51 973.18 762.04 747.76

Competitive Comparison of Bluegreen Vacations's Cash Conversion Cycle

For the Resorts & Casinos subindustry, Bluegreen Vacations'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.


Bluegreen Vacations's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations's Cash Conversion Cycle falls into.



Bluegreen Vacations 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.

Bluegreen Vacations's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+805.07-31.62
=773.45

Bluegreen Vacations's Cash Conversion Cycle for the quarter that ended in Dec. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+779.17-31.41
=747.76

* 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.


Bluegreen Vacations  (NYSE:BXG) 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.


Bluegreen Vacations Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Bluegreen Vacations's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluegreen Vacations (Bluegreen Vacations) Business Description

Traded in Other Exchanges
N/A
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly-owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners, and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
Executives
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Shawn B Pearson officer: Former Dir, President, and CEO 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431
Raymond Scott Lopez officer: EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Anthony M Puleo officer: Former EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431
Susan Saturday officer: EVP, Chief Admin Officer 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445
Famous P Rhodes officer: Former EVP and CMO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
David L Pontius other: Former EVP and COO 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431
De La Osa Jorge officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Justin Taylor officer: EVP and Chief HR Officer 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431
Ahmad M Wardak officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Woodbridge Holdings, Llc 10 percent owner 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309
Bbx Capital Corp 10 percent owner P.O. BOX 39000 FORT LAUDERDALE FL 33303
John E Abdo director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303