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DMSLQ (Digital Media Solutions) Cash Conversion Cycle : -23.89 (As of Mar. 2024)


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What is Digital Media Solutions Cash Conversion Cycle?

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

Digital Media Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.7.
Digital Media Solutions's Days Inventory for the three months ended in Mar. 2024 was 0.
Digital Media Solutions's Days Payable for the three months ended in Mar. 2024 was 67.59.
Therefore, Digital Media Solutions's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -23.89.


Digital Media Solutions Cash Conversion Cycle Historical Data

The historical data trend for Digital Media Solutions'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.

Digital Media Solutions Cash Conversion Cycle Chart

Digital Media Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 18.87 -8.10 -7.80 -5.47 -13.29

Digital Media Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.56 -7.10 -11.29 -18.05 -23.89

Competitive Comparison of Digital Media Solutions's Cash Conversion Cycle

For the Advertising Agencies subindustry, Digital Media Solutions'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.


Digital Media Solutions's Cash Conversion Cycle Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Digital Media Solutions's Cash Conversion Cycle falls into.



Digital Media Solutions 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.

Digital Media Solutions's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=45.46+0-58.75
=-13.29

Digital Media Solutions's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=43.7+0-67.59
=-23.89

* 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.


Digital Media Solutions  (OTCPK:DMSLQ) 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.


Digital Media Solutions Cash Conversion Cycle Related Terms

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


Digital Media Solutions Business Description

Traded in Other Exchanges
N/A
Address
4800 140th Avenue North, Suite 101, Clearwater, FL, USA, 33762
Digital Media Solutions Inc provides digital performance advertising solutions through three segments: Brand Direct, Marketplace, and Technology Solutions. The company offers advertising services under each segment and earns revenue through fees charged to customers. Technology Solutions segment also provides other services such as digital media management and SaaS offerings. The Company has three revenue streams: customer acquisition, managed services, and software services known as SaaS.
Executives
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Neil Nguyen director 750 W. JOHN CARPENTER FREEWAY, 7TH FLOOR, IRVING TX 75039
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Vanessa Guzman-clark officer: Interim CFO 1831 SOUTHWEST 6TH AVENUE, CAPE CORAL FL 33991
Jessica Jones officer: EVP, Human Resources 4800 140TH AVENUE N., SUITE 101, CLEARWATER FL 33762
Maurissa Bell director C/O CLAIRVEST GROUP INC., 22 ST. CLAIR AVENUE EAST, SUITE 1700, TORONTO A6 M4T 2S3
Vasundara Srenivas officer: Chief Financial Officer 4800 140TH AVENUE N., SUITE 101, CLEARWATER FL 33762
Richard Rodick officer: Chief Financial Officer C/O UTI, SERVICES, INC., 100 OCEANGATE, SUITE 1500, LONG BEACH CA 90802
Anthony Saldana officer: General Counsel, EVP Legal 4800 140TH AVENUE N., SUITE 101, CLEARWATER FL 33762
Prism Data, Llc 10 percent owner 4800 140TH AVENUE N., SUITE 101, CLEARWATER FL 33762
Capital Llp Lion 10 percent owner 21 GROSVENOR PLACE, LONDON X0 SW1X 7HF
Lion Capital Iv Gp Ltd 10 percent owner 21 GROSVENOR PLACE, LONDON X0 SW1X7HF
Lion Capital (guernsey) Bridgeco Ltd 10 percent owner TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 000000
Lyndon Lea director, officer: See Remarks 21 GROSVENOR PLACE, LONDON X0 SW1X 7HF
Fernando Borghese director, officer: Chief Operating Officer 4800 140TH AVENUE N., SUITE 101, CLEARWATER FL 33762