RLTR (Reeltime Rentals) Cash Conversion Cycle: -29.80 (As of Dec. 2018)


What is Reeltime Rentals Cash Conversion Cycle?

Reeltime Rentals RLTR +4.59% Cash Conversion Cycle is -29.80 as of Dec. 2018.

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

Reeltime Rentals's Days Sales Outstanding for the three months ended in Dec. 2018 was 0.
Reeltime Rentals's Days Inventory for the three months ended in Dec. 2018 was 0.
Reeltime Rentals's Days Payable for the three months ended in Dec. 2018 was 29.8.
Therefore, Reeltime Rentals's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2018 was -29.80.


Reeltime Rentals  (OTCPK:RLTR) 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.


Reeltime Rentals Cash Conversion Cycle Related Terms


Reeltime Rentals Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Reeltime Rentals'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.

Reeltime Rentals Cash Conversion Cycle Chart

Reeltime Rentals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
-1,460.00 -413.03 -777.10 -283.89 -71.27

Reeltime Rentals Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -825.81 -389.89 -140.32 -124.28 -29.80

RLTR vs CXKJ, FPTA, OTTV: Cash Conversion Cycle Comparison

For the Entertainment subindustry, Reeltime Rentals'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.


Reeltime Rentals Cash Conversion Cycle vs Media - Diversified Industry

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

* The bar in red indicates where Reeltime Rentals's Cash Conversion Cycle falls into.



Reeltime Rentals 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.

Reeltime Rentals's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-71.27
=-71.27

Reeltime Rentals's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-29.8
=-29.80

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -29.80 mean?
Reeltime Rentals (RLTR) has a Cash Conversion Cycle of -29.80 as of Dec. 2018. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Reeltime Rentals and its competitors.
Is Reeltime Rentals' Cash Conversion Cycle too high?
Reeltime Rentals' current Cash Conversion Cycle is -29.80.
How does Reeltime Rentals' Cash Conversion Cycle compare to CXKJ and FPTA?
Reeltime Rentals' Cash Conversion Cycle of -29.80 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 20.19. 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 20.19, based on 1,012 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. 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 Reeltime Rentals and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 20.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reeltime Rentals's current Cash Conversion Cycle is -29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reeltime Rentals stock overvalued right now?
Reeltime Rentals (RLTR) has a current Cash Conversion Cycle of -29.80. The current Cash Conversion Cycle is -29.80. 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 Reeltime Rentals (RLTR), the current Cash Conversion Cycle is -29.80 as of Dec. 2018. 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.

Reeltime Rentals Business Description

Address 4203 223rd Place SE, Bothell, WA, USA, 98021
Reeltime Rentals Inc develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. The company operates in three distinct business segments: Media Division, Virtual Reality and Content Production. It develops three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, Vimeo, LittlStar, IGTV, HTC Vive, YouTube, Facebook, and others. The company derives maximum revenue from Media Division Segment.