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Sequential Brands Group (Sequential Brands Group) Cash Conversion Cycle : 170.80 (As of Dec. 2020)


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What is Sequential Brands Group Cash Conversion Cycle?

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

Sequential Brands Group's Days Sales Outstanding for the three months ended in Dec. 2020 was 170.8.
Sequential Brands Group's Days Inventory for the three months ended in Dec. 2020 was 0.
Sequential Brands Group's Days Payable for the three months ended in Dec. 2020 was 0.
Therefore, Sequential Brands Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2020 was 170.80.


Sequential Brands Group Cash Conversion Cycle Historical Data

The historical data trend for Sequential Brands Group'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.

Sequential Brands Group Cash Conversion Cycle Chart

Sequential Brands Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.73 165.71 157.28 160.00 167.63

Sequential Brands Group Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 152.17 170.80 156.47 159.76 170.80

Competitive Comparison of Sequential Brands Group's Cash Conversion Cycle

For the Apparel Manufacturing subindustry, Sequential Brands Group'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.


Sequential Brands Group's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sequential Brands Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sequential Brands Group's Cash Conversion Cycle falls into.



Sequential Brands Group 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.

Sequential Brands Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=167.63+0-0
=167.63

Sequential Brands Group's Cash Conversion Cycle for the quarter that ended in Dec. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=170.8+0-0
=170.80

* 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.


Sequential Brands Group  (OTCPK:SQBGQ) 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.


Sequential Brands Group Cash Conversion Cycle Related Terms

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Sequential Brands Group (Sequential Brands Group) Business Description

Traded in Other Exchanges
N/A
Address
1407 Broadway, 38th Floor, New York, NY, USA, 10018
Sequential Brands Group Inc own, manage and license a portfolio of consumer brands in the home, active and fashion categories. Its brands include Martha Stewart, Jessica Simpson, Emeril Lagasse, AND1, Revo, and Ellen Tracy. The company licenses brands to both wholesale and direct-to-retail licensees. It generates revenues from the United States through license agreements.
Executives
Martha Stewart director, 10 percent owner, officer: Founder & Chief Creative Offcr C/O MARTHA STEWART LIVING OMNIMEDIA INC, 20 WEST 43RD STREET, NEW YORK NY 10036
Silvia Mazzucchelli director 2391 ACHILLES DRIVE LOS ANGELES CA 90046
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Chad Wagenheim officer: President 215 SUNSET AVENUE WESTFIELD NJ 07090
Daniel Hanbridge officer: SVP & Interim CFO 70 HOLLYWOOD AVENUE METUCHEN NJ 08840
David Conn director, officer: Chief Executive Officer 215 WEST 40TH STREET, 6TH FLOOR NEW YORK NY 10018
Leonard Jr Stewart director C/O STEW LEONARDS 100 WESTPORT AVE. NORWALK CT 06851
Aaron P Hollander director C/O FIRST AVIATION SERVICES INC 15 RIVERSIDE AVE WESTPORT CT 06880
Gary A Johnson director MEMBERWORKS INC 680 WASHINGTON BLVD STAMFORD CT 06901
Karen Murray director, officer: Chief Executive Officer 601 W 26TH STREET 9TH FL NEW YORK NY 10001
Andrew S. Cooper officer: President C/O PEGASUS CAPITAL ADVISORS, L.P. 99 RIVER ROAD COS COB CT 06807
Peter J Lops officer: Chief Financial Officer 110 AVONDALE RD. RIDGEWOOD NJ 07450
William Sweedler director, 10 percent owner C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Matthew Eby 10 percent owner TENGRAM CAPITAL PARTNERS, 15 RIVERSIDE AVENUE, WESTPORT CT 06880

Sequential Brands Group (Sequential Brands Group) Headlines

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