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Life360 (Life360) Cash Conversion Cycle : 34.05 (As of Mar. 2024)


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What is Life360 Cash Conversion Cycle?

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

Life360's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.2.
Life360's Days Inventory for the three months ended in Mar. 2024 was 26.14.
Life360's Days Payable for the three months ended in Mar. 2024 was 38.29.
Therefore, Life360's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 34.05.


Life360 Cash Conversion Cycle Historical Data

The historical data trend for Life360'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.

Life360 Cash Conversion Cycle Chart

Life360 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 42.09 3.76 20.50 26.27 34.52

Life360 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 33.74 48.84 45.37 36.57 34.05

Competitive Comparison of Life360's Cash Conversion Cycle

For the Software - Application subindustry, Life360'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.


Life360's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Life360's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Life360's Cash Conversion Cycle falls into.



Life360 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.

Life360'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
=45.13+33.27-43.88
=34.52

Life360'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
=46.2+26.14-38.29
=34.05

* 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.


Life360  (OTCPK:LIFX) 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.


Life360 Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Life360's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Life360 (Life360) Business Description

Traded in Other Exchanges
Address
1900 South Norfolk Street, Suite 310, San Mateo, CA, USA, 94403
Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the U.S., the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.
Executives
Susan L. Stick officer: General Counsel 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Samir Kapoor officer: Chief Technology Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Lauren Antonoff officer: Chief Operating Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
John Philip Coghlan director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Charles J. Prober director, other: CEO of Tile, Inc. C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Randi Zuckerberg director 394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111
Chris Hulls director, officer: Chief Executive Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Carrie Cronkey officer: Chief Marketing Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Kirsten Daru officer: Chief Privacy Officer, GC, Sec C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Mark Goines director C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Alex Haro director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Brit Morin director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
James Synge director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David Wiadrowski director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David William Rice officer: Chief Operating Officer C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107