Fantasy Aces Daily Fantasy Sports (OTCPK:FASDF) 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.
Fantasy Aces Daily Fantasy Sports Cash Conversion Cycle Related Terms
Fantasy Aces Daily Fantasy Sports Cash Conversion Cycle Historical Data
* 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.
Fantasy Aces Daily Fantasy Sports Cash Conversion Cycle Chart
For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.
Fantasy Aces Daily Fantasy Sports Cash Conversion Cycle vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Cash Conversion Cycle falls into.
Fantasy Aces Daily Fantasy Sports 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.
* 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.
Fantasy Aces Daily Fantasy Sports (FASDF) has a Cash Conversion Cycle of 3.02 as of Sep. 2016. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Cash Conversion Cycle too high?
Fantasy Aces Daily Fantasy Sports' current Cash Conversion Cycle is 3.02. The Interactive Media industry median Cash Conversion Cycle is 18.34. Fantasy Aces Daily Fantasy Sports' value of 3.02 is 83.5% below this industry median.
How does Fantasy Aces Daily Fantasy Sports' Cash Conversion Cycle compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Cash Conversion Cycle of 3.02 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 18.34. Fantasy Aces Daily Fantasy Sports' value of 3.02 is 83.5% below 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 an Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 18.34, based on 549 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. Fantasy Aces Daily Fantasy Sports's current Cash Conversion Cycle of 3.02 is 83.5% below 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 Fantasy Aces Daily Fantasy Sports and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 18.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fantasy Aces Daily Fantasy Sports's current Cash Conversion Cycle is 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Cash Conversion Cycle of 3.02. The current Cash Conversion Cycle is 3.02 and 83.5% below the Interactive Media industry median of 18.34. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Cash Conversion Cycle is 3.02 as of Sep. 2016. 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.
Fantasy Aces Daily Fantasy Sports Business Description
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.
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