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Intertainment Media (Intertainment Media) Cash Conversion Cycle : 0.00 (As of Mar. 2016)


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What is Intertainment Media Cash Conversion Cycle?

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

Intertainment Media's Days Sales Outstanding for the three months ended in Mar. 2016 was 0.
Intertainment Media's Days Inventory for the three months ended in Mar. 2016 was 0.
Intertainment Media's Days Payable for the three months ended in Mar. 2016 was 0.
Therefore, Intertainment Media's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2016 was 0.00.


Intertainment Media Cash Conversion Cycle Historical Data

The historical data trend for Intertainment Media'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.

Intertainment Media Cash Conversion Cycle Chart

Intertainment Media Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.88 -369.76 -3,112.21 -17,771.66 -6,095.37

Intertainment Media Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -2,900.52 -4,845.38 -3,410.16 -43,110.65 -

Competitive Comparison of Intertainment Media's Cash Conversion Cycle

For the Advertising Agencies subindustry, Intertainment Media'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.


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

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

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



Intertainment Media 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.

Intertainment Media's Cash Conversion Cycle for the fiscal year that ended in Jun. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=182.02+53.02-6330.41
=-6,095.37

Intertainment Media's Cash Conversion Cycle for the quarter that ended in Mar. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Intertainment Media  (GREY:ITMTF) 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.


Intertainment Media Cash Conversion Cycle Related Terms

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Intertainment Media (Intertainment Media) Business Description

Traded in Other Exchanges
N/A
Address
80 Tiverton Court, Suite 100, Markham, ON, CAN, L3R 0G4
Intertainment Media Inc focuses on developing, nurturing and investing technologies and companies that provide technology solutions for brands and consumers alike. It focuses on its investment portfolio. It has equity investments in technologies and social media platforms, including Yappn Corp. (Yappn), Lexifone and Active ImageNation Inc. Yappn provides an end-to-end multilingual e-commerce solution for companies various through Windrose Global E-commerce framework (WGE). WGE's suite includes various tools for multilingual marketing, shopping and customer support. Lexifone offers an in-call interpretation service. Active ImageNation Inc. offers Cap That, a technology platform that allows consumers, studios, and professionals to capture and manipulate video.

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