MME Moviement AG (LTS:0NDQ) Cash Conversion Cycle: 23.10 (As of Feb. 2015)

What is MME Moviement AG Cash Conversion Cycle?

MME Moviement AG LTS:0NDQ Cash Conversion Cycle is 23.10 as of Feb. 2015. The stock has 3 warning signs investors should review.

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

MME Moviement AG's Days Sales Outstanding for the six months ended in Feb. 2015 was 49.94.
MME Moviement AG's Days Inventory for the six months ended in Feb. 2015 was 8.19.
MME Moviement AG's Days Payable for the six months ended in Feb. 2015 was 35.03.
Therefore, MME Moviement AG's Cash Conversion Cycle (CCC) for the six months ended in Feb. 2015 was 23.10.

MME Moviement AG (LTS:0NDQ) 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.

MME Moviement AG Cash Conversion Cycle Related Terms

MME Moviement AG Cash Conversion Cycle Historical Data

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The historical data trend for MME Moviement AG'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.

MME Moviement AG Cash Conversion Cycle Chart

MME Moviement AG Annual Data

Trend

Dec04

Dec05

Dec06

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Cash Conversion Cycle

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30.68

29.98

8.27

-4.29

-2.78

MME Moviement AG Semi-Annual Data
	Dec03	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15
Cash Conversion Cycle	Get a 7-Day Free Trial										39.32	15.84	2.35	23.29	23.10

LTS:0NDQ vs REBL, SGA, CSSE: Cash Conversion Cycle Comparison

For the Broadcasting subindustry, MME Moviement AG'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.

MME Moviement AG Cash Conversion Cycle vs Media - Diversified Industry

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

* The bar in red indicates where MME Moviement AG's Cash Conversion Cycle falls into.

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MME Moviement AG 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.

MME Moviement AG's Cash Conversion Cycle for the fiscal year that ended in Aug. 2014 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	42.58	+	6.53	-	51.89
	=	-2.78

MME Moviement AG's Cash Conversion Cycle for the quarter that ended in Feb. 2015 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	49.94	+	8.19	-	35.03
	=	23.10

Frequently Asked Questions Learn more about Cash Conversion Cycle →

What does a Cash Conversion Cycle of 23.10 mean?

MME Moviement AG (LTS:0NDQ) has a Cash Conversion Cycle of 23.10 as of Feb. 2015. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MME Moviement AG and its competitors.

Is MME Moviement AG's Cash Conversion Cycle too high?

MME Moviement AG's current Cash Conversion Cycle is 23.10. The Media - Diversified industry median Cash Conversion Cycle is 19.97. MME Moviement AG's value of 23.10 is 15.7% above this industry median.

How does MME Moviement AG's Cash Conversion Cycle compare to REBL and SGA?

MME Moviement AG's Cash Conversion Cycle of 23.10 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 19.97. MME Moviement AG's value of 23.10 is 15.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Cash Conversion Cycle for a Media - Diversified company?

The median Cash Conversion Cycle among Media - Diversified companies is 19.97, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MME Moviement AG's current Cash Conversion Cycle of 23.10 is 15.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Cash Conversion Cycle mean?

A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MME Moviement AG and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 19.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MME Moviement AG's current Cash Conversion Cycle is 23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is MME Moviement AG stock overvalued right now?

MME Moviement AG (LTS:0NDQ) has a current Cash Conversion Cycle of 23.10. The current Cash Conversion Cycle is 23.10 and 15.7% above the Media - Diversified industry median of 19.97. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Cash Conversion Cycle calculated?

Cash Conversion Cycle is calculated from a company's financial statements. For MME Moviement AG (LTS:0NDQ), the current Cash Conversion Cycle is 23.10 as of Feb. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MME Moviement AG Business Description

Industry Communication Services Media - Diversified

Comparable Companies BOM:532700 NGO:9402 REBL TSX:DHX TSE:9414 SGA ISX:MDIA BOM:540366 FSE:9407 HKSE:00082 LSE:STVG XKRX:122450 PHS:MBC CSSE BKK:WORK UONE BKK:JKN ISX:VIVA BBGI BKK:MCOT

Website http://www.mmemoviement.de

The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.