WRIT (WRIT Media Group) Cash Conversion Cycle: 60.46 (As of Dec. 2017)

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What is WRIT Media Group Cash Conversion Cycle?

WRIT Media Group WRIT Cash Conversion Cycle is 60.46 as of Dec. 2017.

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

WRIT Media Group's Days Sales Outstanding for the three months ended in Dec. 2017 was 64.59.
WRIT Media Group's Days Inventory for the three months ended in Dec. 2017 was 0.
WRIT Media Group's Days Payable for the three months ended in Dec. 2017 was 4.13.
Therefore, WRIT Media Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 60.46.


WRIT Media Group  (OTCPK:WRIT) 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.


WRIT Media Group Cash Conversion Cycle Related Terms


WRIT Media Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for WRIT Media 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.

WRIT Media Group Cash Conversion Cycle Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 33.18 0.00 0.00 0.00

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 -48.68 -31.85 60.46

WRIT vs ASKH, AFOM, XSPT: Cash Conversion Cycle Comparison

For the Entertainment subindustry, WRIT Media 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.


WRIT Media Group Cash Conversion Cycle vs Media - Diversified Industry

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

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



WRIT Media 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.

WRIT Media Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

WRIT Media Group's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=64.59+0-4.13
=60.46

* 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 60.46 mean?
WRIT Media Group (WRIT) has a Cash Conversion Cycle of 60.46 as of Dec. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on WRIT Media Group and its competitors.
Is WRIT Media Group's Cash Conversion Cycle too high?
WRIT Media Group's current Cash Conversion Cycle is 60.46. The Media - Diversified industry median Cash Conversion Cycle is 20.04. WRIT Media Group's value of 60.46 is 201.7% above this industry median.
How does WRIT Media Group's Cash Conversion Cycle compare to ASKH and AFOM?
WRIT Media Group's Cash Conversion Cycle of 60.46 can be compared against companies in the Media - Diversified industry. The industry median Cash Conversion Cycle is 20.04. WRIT Media Group's value of 60.46 is 201.7% 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 Media - Diversified company?
The median Cash Conversion Cycle among Media - Diversified companies is 20.04, based on 1,008 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. WRIT Media Group's current Cash Conversion Cycle of 60.46 is 201.7% 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 WRIT Media Group and its competitors. For the Media - Diversified industry, the median Cash Conversion Cycle is 20.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WRIT Media Group's current Cash Conversion Cycle is 60.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current Cash Conversion Cycle of 60.46. The current Cash Conversion Cycle is 60.46 and 201.7% above the Media - Diversified industry median of 20.04. 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 WRIT Media Group (WRIT), the current Cash Conversion Cycle is 60.46 as of Dec. 2017. 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.