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Lighting Science Group (Lighting Science Group) Cash Conversion Cycle : 72.70 (As of Mar. 2017)


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What is Lighting Science Group Cash Conversion Cycle?

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

Lighting Science Group's Days Sales Outstanding for the three months ended in Mar. 2017 was 48.32.
Lighting Science Group's Days Inventory for the three months ended in Mar. 2017 was 171.69.
Lighting Science Group's Days Payable for the three months ended in Mar. 2017 was 147.31.
Therefore, Lighting Science Group's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2017 was 72.70.


Lighting Science Group Cash Conversion Cycle Historical Data

The historical data trend for Lighting Science 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.

Lighting Science Group Cash Conversion Cycle Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.43 77.99 49.77 72.33 83.41

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 103.88 119.87 81.79 93.28 72.70

Competitive Comparison of Lighting Science Group's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Lighting Science 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.


Lighting Science Group's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Cash Conversion Cycle distribution charts can be found below:

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



Lighting Science 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.

Lighting Science 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
=40.82+148.9-106.31
=83.41

Lighting Science Group's Cash Conversion Cycle for the quarter that ended in Mar. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=48.32+171.69-147.31
=72.70

* 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.


Lighting Science Group  (OTCPK:LSCG) 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.


Lighting Science Group Cash Conversion Cycle Related Terms

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Lighting Science Group (Lighting Science Group) Business Description

Traded in Other Exchanges
N/A
Address
1350 Division Road, Suite 102, Melbourne, FL, USA, 32901
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.
Executives
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Craig M Cogut director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
James L Jones director ONE INVACARE WAY, ELYRIA OH 44035
Pegasus Partners Iv Lp director, 10 percent owner 99 RIVER ROAD, COS COB CT 06807
Dennis Mcgill director 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
Pegasus Investors Iv Gp, Llc director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Pegasus Investors Iv, L.p. director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Thomas J Smach director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
F Philip Handy director C/O WINTER PARK CAPITAL COMPANY, 222 S PENNSYLVANIA AVE STE 200, WINTER PARK FL 32789
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Steven Marton officer: Chief Executive Officer C/O LIGHTING SCIENCE GROUP CORPORATION, 1227 SOUTH PATRICK DRIVE, BUILDING 2A, SATELLITE BEACH FL 32937
Andrew S. Cooper director C/O PEGASUS CAPITAL ADVISORS, L.P. 99 RIVER ROAD COS COB CT 06807
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
David Arthur Bell director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281

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