Bang Holdings's Days Sales Outstanding for the
three
months ended in Jun. 2018 was 67.05.
Bang Holdings's Days Inventory for the
three
months ended in Jun. 2018 was 0.
Bang Holdings's Days Payable for the
three
months ended in Jun. 2018 was 0.
Therefore, Bang Holdings's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2018 was 67.05.
Bang Holdings (OTCPK:BXNG) 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.
Bang Holdings Cash Conversion Cycle Related Terms
Bang Holdings Cash Conversion Cycle Historical Data
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The historical data trend for Bang 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.
BXNG vs GLLA, GRTD, VPRB: Cash Conversion Cycle Comparison
For the Advertising Agencies subindustry, Bang 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.
Bang Holdings Cash Conversion Cycle vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Bang Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bang Holdings's Cash Conversion Cycle falls into.
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.
Bang Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as
* 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.
Bang Holdings (BXNG) has a Cash Conversion Cycle of 67.05 as of Jun. 2018. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bang Holdings and its competitors.
Is Bang Holdings' Cash Conversion Cycle too high?
Bang Holdings' current Cash Conversion Cycle is 67.05. The Media - Diversified industry median Cash Conversion Cycle is 19.97. Bang Holdings' value of 67.05 is 235.8% above this industry median.
How does Bang Holdings' Cash Conversion Cycle compare to GLLA and GRTD?
Bang Holdings' Cash Conversion Cycle of 67.05 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 19.97. Bang Holdings' value of 67.05 is 235.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Media - Diversified company?
The median Cash Conversion Cycle among Media - Diversified companies is 19.97, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bang Holdings's current Cash Conversion Cycle of 67.05 is 235.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bang Holdings and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 19.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bang Holdings's current Cash Conversion Cycle is 67.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang Holdings stock overvalued right now?
Bang Holdings (BXNG) has a current Cash Conversion Cycle of 67.05. The current Cash Conversion Cycle is 67.05 and 235.8% above the Media - Diversified industry median of 19.97. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Bang Holdings (BXNG), the current Cash Conversion Cycle is 67.05 as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.
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