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Motive Television (LSE:MTV) Cash Conversion Cycle : -430.92 (As of Jun. 2015)


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What is Motive Television Cash Conversion Cycle?

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

Motive Television's Days Sales Outstanding for the six months ended in Jun. 2015 was 36.61.
Motive Television's Days Inventory for the six months ended in Jun. 2015 was 27.38.
Motive Television's Days Payable for the six months ended in Jun. 2015 was 494.91.
Therefore, Motive Television's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2015 was -430.92.


Motive Television Cash Conversion Cycle Historical Data

The historical data trend for Motive Television'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.

Motive Television Cash Conversion Cycle Chart

Motive Television Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.64 4.60 -123.25 -256.55 -70.25

Motive Television Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 -237.38 -315.42 -114.14 -46.97 -430.92

Competitive Comparison of Motive Television's Cash Conversion Cycle

For the Broadcasting subindustry, Motive Television'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.


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

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

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



Motive Television 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.

Motive Television's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=57.96+11.46-139.67
=-70.25

Motive Television's Cash Conversion Cycle for the quarter that ended in Jun. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.61+27.38-494.91
=-430.92

* 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.


Motive Television  (LSE:MTV) 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.


Motive Television Cash Conversion Cycle Related Terms

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Motive Television (LSE:MTV) Business Description

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Motive Television PLC was incorporated in the United Kingdom on December 22, 2004. The Company along with its subsidiaries is engaged in providing software and services to Television Broadcasters. The Company operates in two segments including; Digital Television Technology and Television Production (Content). The Company's solution offering include Content Express and TabletTV enabling TV providers to offer audiences more, giving them a competitive edge and delivering new revenues. The Content Express enables viewers to watch whatever they want, when they want, on any screen without having to build new networks. The Content Express software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen. It provides one-stop shop for digital terrestrial broadcasters, satellite, DTT, and cable pay television platforms, and Internet OTT content providers to offer new services including Video on Demand, Catch-up television, Tablet Television, Targeted Advertising for VOD, Mocast for 4G LTE, and Virtual channels and Video2Go. The Tablet TV designed to address the U.S. tablet and smartphone market, meeting the demand for watching long-form video on devices.

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