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Oak Street Health (Oak Street Health) Cash Conversion Cycle : 133.06 (As of Dec. 2022)


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What is Oak Street Health Cash Conversion Cycle?

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

Oak Street Health's Days Sales Outstanding for the three months ended in Dec. 2022 was 136.46.
Oak Street Health's Days Inventory for the three months ended in Dec. 2022 was 0.
Oak Street Health's Days Payable for the three months ended in Dec. 2022 was 3.4.
Therefore, Oak Street Health's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 133.06.


Oak Street Health Cash Conversion Cycle Historical Data

The historical data trend for Oak Street Health'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.

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Oak Street Health Cash Conversion Cycle Chart

Oak Street Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
87.61 76.35 81.79 98.95 119.32

Oak Street Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 112.69 106.76 127.88 134.59 133.06

Competitive Comparison of Oak Street Health's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Oak Street Health'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.


Oak Street Health's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oak Street Health's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Oak Street Health's Cash Conversion Cycle falls into.



Oak Street Health 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.

Oak Street Health's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=122.75+0-3.43
=119.32

Oak Street Health's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=136.46+0-3.4
=133.06

* 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.


Oak Street Health  (NYSE:OSH) 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.


Oak Street Health Cash Conversion Cycle Related Terms

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


Oak Street Health (Oak Street Health) Business Description

Traded in Other Exchanges
N/A
Address
30 W. Monroe Street, Suite 1200, Chicago, IL, USA, 60603
Oak Street Health Inc is a fast-growing network of value-based, primary care centers for adults on Medicare. The company operates a healthcare model focused on the quality of care over the volume of services and assumes the full financial risk of its patients.
Executives
Regina M. Benjamin director 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453
Geoffrey M Price director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Robert Guenthner officer: Chief Legal Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Timothy M Cook officer: Chief Financial Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Brian Clem officer: President, Clinical Operations 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Griffin Myers director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Partners Lp 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022
Michael T Pykosz director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic (spv) Gp, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Cynthia Hiskes officer: Chief Human Resources Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Gap Coinvestments V, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Kim Keck director 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Tamara Jurgenson officer: Chief Growth Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Harbour Point Spv Llc 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022

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