SEAC (SeaChange International) Cash Conversion Cycle: 61.26 (As of Apr. 2023)

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SEAC SeaChange International Inc SEAC
12 GF Score
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What is SeaChange International Cash Conversion Cycle?

SeaChange International SEAC 12 Cash Conversion Cycle is 61.26 as of Apr. 2023. GuruFocus rates SEAC with a GF Score™ of 12/100.

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

SeaChange International's Days Sales Outstanding for the three months ended in Apr. 2023 was 115.79.
SeaChange International's Days Inventory for the three months ended in Apr. 2023 was 0.
SeaChange International's Days Payable for the three months ended in Apr. 2023 was 54.53.
Therefore, SeaChange International's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2023 was 61.26.


SeaChange International  (OTCPK:SEAC) 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.


SeaChange International Cash Conversion Cycle Related Terms


SeaChange International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for SeaChange International'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.

SeaChange International Cash Conversion Cycle Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.36 33.92 62.60 19.68 39.19

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 41.14 10.68 -5.45 -5.54 61.26

SEAC vs MTBL, DSNY, LKCO: Cash Conversion Cycle Comparison

For the Software - Application subindustry, SeaChange International'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.


SeaChange International Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, SeaChange International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SeaChange International's Cash Conversion Cycle falls into.


SEAC
12GF Score
SeaChange International Inc SEAC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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SeaChange International 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.

SeaChange International's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=107.84+0-68.65
=39.19

SeaChange International's Cash Conversion Cycle for the quarter that ended in Apr. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=115.79+0-54.53
=61.26

* 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 61.26 mean?
SeaChange International (SEAC) has a Cash Conversion Cycle of 61.26 as of Apr. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on SeaChange International and its competitors.
Is SeaChange International's Cash Conversion Cycle too high?
SeaChange International's current Cash Conversion Cycle is 61.26. The Software industry median Cash Conversion Cycle is 31.58. SeaChange International's value of 61.26 is 94% above this industry median. Overall, SeaChange International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SeaChange International's Cash Conversion Cycle compare to MTBL and DSNY?
SeaChange International's Cash Conversion Cycle of 61.26 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.58. SeaChange International's value of 61.26 is 94% 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 Software company?
The median Cash Conversion Cycle among Software companies is 31.58, based on 2,805 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. SeaChange International's current Cash Conversion Cycle of 61.26 is 94% 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 SeaChange International and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SeaChange International's current Cash Conversion Cycle is 61.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SeaChange International stock overvalued right now?
SeaChange International (SEAC) has a current Cash Conversion Cycle of 61.26. The current Cash Conversion Cycle is 61.26 and 94% above the Software industry median of 31.58. SeaChange International's overall GF Score™ is 12/100. 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 SeaChange International (SEAC), the current Cash Conversion Cycle is 61.26 as of Apr. 2023. 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.

SeaChange International Business Description

Address 177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services development. Its software products and services facilitate the aggregation, licensing, management and distribution of video and advertising content for service providers, telecommunications companies, satellite operators, broadcasters and other content providers. It sells software products and services globally, to service providers including: operators; telecommunications companies; satellite operators; and broadcasters.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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