SRMX (Saddle Ranch Media) Cash Conversion Cycle: 7.93 (As of Dec. 2014)


What is Saddle Ranch Media Cash Conversion Cycle?

Saddle Ranch Media SRMX -28.57% Cash Conversion Cycle is 7.93 as of Dec. 2014.

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

Saddle Ranch Media's Days Sales Outstanding for the three months ended in Dec. 2014 was 7.93.
Saddle Ranch Media's Days Inventory for the three months ended in Dec. 2014 was 0.
Saddle Ranch Media's Days Payable for the three months ended in Dec. 2014 was 0.
Therefore, Saddle Ranch Media's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2014 was 7.93.


Saddle Ranch Media  (OTCPK:SRMX) 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.


Saddle Ranch Media Cash Conversion Cycle Related Terms


Saddle Ranch Media Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Saddle Ranch Media'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.

Saddle Ranch Media Cash Conversion Cycle Chart

Saddle Ranch Media Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec06 Dec07 Dec12 Dec13 Dec14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -956.11 -901.93 0.00 7.10 7.93

Saddle Ranch Media Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec12 Sep13 Dec13 Jun14 Sep14 Dec14
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 0.00 8.77 0.00 37.18 7.93

SRMX vs INMG, VNUE, FLCR: Cash Conversion Cycle Comparison

For the Scientific & Technical Instruments subindustry, Saddle Ranch Media'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.


Saddle Ranch Media Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Saddle Ranch Media's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Saddle Ranch Media's Cash Conversion Cycle falls into.



Saddle Ranch Media 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.

Saddle Ranch Media's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=7.93+0-0
=7.93

Saddle Ranch Media's Cash Conversion Cycle for the quarter that ended in Dec. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=7.93+0-0
=7.93

* 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 7.93 mean?
Saddle Ranch Media (SRMX) has a Cash Conversion Cycle of 7.93 as of Dec. 2014. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Saddle Ranch Media and its competitors.
Is Saddle Ranch Media's Cash Conversion Cycle too high?
Saddle Ranch Media's current Cash Conversion Cycle is 7.93. The Hardware industry median Cash Conversion Cycle is 98.95. Saddle Ranch Media's value of 7.93 is 92% below this industry median.
How does Saddle Ranch Media's Cash Conversion Cycle compare to INMG and VNUE?
Saddle Ranch Media's Cash Conversion Cycle of 7.93 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Saddle Ranch Media's value of 7.93 is 92% below 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,478 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. Saddle Ranch Media's current Cash Conversion Cycle of 7.93 is 92% below 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 Saddle Ranch Media and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saddle Ranch Media's current Cash Conversion Cycle is 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saddle Ranch Media stock overvalued right now?
Saddle Ranch Media (SRMX) has a current Cash Conversion Cycle of 7.93. The current Cash Conversion Cycle is 7.93 and 92% below the Hardware industry median of 98.95. 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 Saddle Ranch Media (SRMX), the current Cash Conversion Cycle is 7.93 as of Dec. 2014. 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.

Saddle Ranch Media Business Description

Address 19200 Von Karman Avenue, Suite 425, Irvine, CA, USA, 91612
Saddle Ranch Media Inc is a multi-division technology company. It operates through its subsidiary, which provides 5G solutions and innovation, through its various telecom devices and ONENET B2B Onboarding Platform - certified by Microsoft IoT Sphere under Microsoft's Azure Hub - for business infrastructure operations. It also focuses on the Internet of Things (IoT) in energy management, creating future smart neighborhoods and eco-based energy solutions for future smart homes. Its smart home consists of Temperature control, Air quality, Lightning control, and electrical control, and it also has i.VA(Intelligent Voice assistant), Smart Outlet, Smart Dimmer, and other Smart Home solutions. The company operates in the United States and Taiwan.