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LookSmart Group (LookSmart Group) Cash Conversion Cycle : -71.38 (As of Jun. 2017)


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What is LookSmart Group Cash Conversion Cycle?

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

LookSmart Group's Days Sales Outstanding for the three months ended in Jun. 2017 was 50.33.
LookSmart Group's Days Inventory for the three months ended in Jun. 2017 was 0.
LookSmart Group's Days Payable for the three months ended in Jun. 2017 was 121.71.
Therefore, LookSmart Group's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was -71.38.


LookSmart Group Cash Conversion Cycle Historical Data

The historical data trend for LookSmart Group'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.

LookSmart Group Cash Conversion Cycle Chart

LookSmart Group Annual Data
Trend Dec14 Dec15 Dec16
Cash Conversion Cycle
-114.94 -163.11 -67.13

LookSmart Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -170.46 -194.69 -62.33 -34.51 -71.38

Competitive Comparison of LookSmart Group's Cash Conversion Cycle

For the Internet Content & Information subindustry, LookSmart Group'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.


LookSmart Group's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, LookSmart Group's Cash Conversion Cycle distribution charts can be found below:

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



LookSmart Group 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.

LookSmart Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=55.63+0-122.76
=-67.13

LookSmart Group's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=50.33+0-121.71
=-71.38

* 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.


LookSmart Group  (OTCPK:LKST) 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.


LookSmart Group Cash Conversion Cycle Related Terms

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LookSmart Group (LookSmart Group) Business Description

Traded in Other Exchanges
N/A
Address
2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

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