IPLY (Interplay Entertainment) Cash Conversion Cycle: 105.61 (As of Mar. 2011)

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What is Interplay Entertainment Cash Conversion Cycle?

Interplay Entertainment IPLY Cash Conversion Cycle is 105.61 as of Mar. 2011.

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

Interplay Entertainment's Days Sales Outstanding for the three months ended in Mar. 2011 was 73.67.
Interplay Entertainment's Days Inventory for the three months ended in Mar. 2011 was 31.94.
Interplay Entertainment's Days Payable for the three months ended in Mar. 2011 was 0.
Therefore, Interplay Entertainment's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2011 was 105.61.


Interplay Entertainment  (OTCPK:IPLY) 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.


Interplay Entertainment Cash Conversion Cycle Related Terms


Interplay Entertainment Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Interplay Entertainment'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.

Interplay Entertainment Cash Conversion Cycle Chart

Interplay Entertainment Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16,487.22 -149,665.13 -27,664.19 59.48 73.33

Interplay Entertainment Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 160.26 33.80 68.97 68.27 105.61

IPLY vs ANY, VBIX: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Interplay Entertainment'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.


Interplay Entertainment Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Interplay Entertainment's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Interplay Entertainment's Cash Conversion Cycle falls into.



Interplay Entertainment 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.

Interplay Entertainment's Cash Conversion Cycle for the fiscal year that ended in Dec. 2010 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=37.95+35.38-0
=73.33

Interplay Entertainment's Cash Conversion Cycle for the quarter that ended in Mar. 2011 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=73.67+31.94-0
=105.61

* 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 105.61 mean?
Interplay Entertainment (IPLY) has a Cash Conversion Cycle of 105.61 as of Mar. 2011. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Interplay Entertainment and its competitors.
Is Interplay Entertainment's Cash Conversion Cycle too high?
Interplay Entertainment's current Cash Conversion Cycle is 105.61. The Software industry median Cash Conversion Cycle is 31.58. Interplay Entertainment's value of 105.61 is 234.4% above this industry median.
How does Interplay Entertainment's Cash Conversion Cycle compare to ANY and VBIX?
Interplay Entertainment's Cash Conversion Cycle of 105.61 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.58. Interplay Entertainment's value of 105.61 is 234.4% 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 Software company?
The median Cash Conversion Cycle among Software companies is 31.58, based on 2,805 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. Interplay Entertainment's current Cash Conversion Cycle of 105.61 is 234.4% 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 Interplay Entertainment and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interplay Entertainment's current Cash Conversion Cycle is 105.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interplay Entertainment stock overvalued right now?
Interplay Entertainment (IPLY) has a current Cash Conversion Cycle of 105.61. The current Cash Conversion Cycle is 105.61 and 234.4% above the Software industry median of 31.58. 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 Interplay Entertainment (IPLY), the current Cash Conversion Cycle is 105.61 as of Mar. 2011. 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.

Interplay Entertainment Business Description

Address 12301 Wilshire Boulevard, Los Angeles, CA, USA, 90025
Interplay Entertainment Corp is a publisher, distributor and licensor of interactive entertainment software for both core gamers and the mass market.