EMWPF (Eros Media World) Cash Conversion Cycle: -118.40 (As of Sep. 2020)

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EMWPF Eros Media World PLC EMWPF
12 GF Score
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What is Eros Media World Cash Conversion Cycle?

Eros Media World EMWPF 12 Cash Conversion Cycle is -118.40 as of Sep. 2020. GuruFocus rates EMWPF with a GF Score™ of 12/100.

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

Eros Media World's Days Sales Outstanding for the six months ended in Sep. 2020 was 119.
Eros Media World's Days Inventory for the six months ended in Sep. 2020 was 0.
Eros Media World's Days Payable for the six months ended in Sep. 2020 was 237.4.
Therefore, Eros Media World's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2020 was -118.40.


Eros Media World  (OTCPK:EMWPF) 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.


Eros Media World Cash Conversion Cycle Related Terms


Eros Media World Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Eros Media World'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.

Eros Media World Cash Conversion Cycle Chart

Eros Media World Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 237.85 280.85 302.22 255.57 265.23

Eros Media World Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 246.45 166.21 95.46 0.00 -118.40

Eros Media World Cash Conversion Cycle Competitor Comparison

For the Entertainment subindustry, Eros Media World'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.


Eros Media World Cash Conversion Cycle vs Media - Diversified Industry

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

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


EMWPF
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Eros Media World PLC EMWPF
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Eros Media World 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.

Eros Media World's Cash Conversion Cycle for the fiscal year that ended in Mar. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=366.75+1.94-103.46
=265.23

Eros Media World's Cash Conversion Cycle for the quarter that ended in Sep. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=119+0-237.4
=-118.40

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -118.40 mean?
Eros Media World (EMWPF) has a Cash Conversion Cycle of -118.40 as of Sep. 2020. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eros Media World and its competitors.
Is Eros Media World's Cash Conversion Cycle too high?
Eros Media World's current Cash Conversion Cycle is -118.40. Overall, Eros Media World has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Eros Media World's Cash Conversion Cycle compare to competitors?
Eros Media World's Cash Conversion Cycle of -118.40 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 19.20. 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 19.20, based on 1,005 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. 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 Eros Media World and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 19.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eros Media World's current Cash Conversion Cycle is -118.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eros Media World stock overvalued right now?
Eros Media World (EMWPF) has a current Cash Conversion Cycle of -118.40. The current Cash Conversion Cycle is -118.40. Eros Media World's overall GF Score™ is 12/100. 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 Eros Media World (EMWPF), the current Cash Conversion Cycle is -118.40 as of Sep. 2020. 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.

Eros Media World Business Description

Address 550 County Avenue, Secaucus, NJ, USA, 07094
Eros Media World PLC is a film production and distribution company. It distributes its film content across multiplex chains and stand-alone theatres and broadcasts television content via tie-ups with channels such as ZEE TV and Star TV. The company also has a digital presence through its website; www.erosnow.com and an independent channel on Youtube. Geographically, it has a presence in India, North America, Europe and the Rest of the world. The company's primary revenue streams are derived from three channels: theatrical, television syndication and digital and ancillary.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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