Cincinnati Bell (Cincinnati Bell) Cash Conversion Cycle : -38.71 (As of Jun. 2021)

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What is Cincinnati Bell Cash Conversion Cycle?

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

Cincinnati Bell's Days Sales Outstanding for the three months ended in Jun. 2021 was 66.58.
Cincinnati Bell's Days Inventory for the three months ended in Jun. 2021 was 18.25.
Cincinnati Bell's Days Payable for the three months ended in Jun. 2021 was 123.54.
Therefore, Cincinnati Bell's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2021 was -38.71.

Cincinnati Bell Cash Conversion Cycle Historical Data

The historical data trend for Cincinnati Bell'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.

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Cincinnati Bell Cash Conversion Cycle Chart

Cincinnati Bell Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash Conversion Cycle

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-8.68

-5.51

-34.30

-44.96

-35.37

Cincinnati Bell Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash Conversion Cycle	Get a 7-Day Free Trial															-39.54	-26.37	-26.92	-27.03	-38.71

Competitive Comparison of Cincinnati Bell's Cash Conversion Cycle

For the Telecom Services subindustry, Cincinnati Bell'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.

Cincinnati Bell's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cincinnati Bell's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Cincinnati Bell's Cash Conversion Cycle falls into.

Cincinnati Bell 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.

Cincinnati Bell'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
	=	79.25	+	18.23	-	132.85
	=	-35.37

Cincinnati Bell's Cash Conversion Cycle for the quarter that ended in Jun. 2021 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	66.58	+	18.25	-	123.54
	=	-38.71

Cincinnati Bell (NYSE:CBB) 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.

Cincinnati Bell Cash Conversion Cycle Related Terms

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Cincinnati Bell (Cincinnati Bell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cincinnati Bell Inc (NYSE:CBB) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.cincinnatibell.com

Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.

Executives

Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz	director	P O BOX 2301, CINCINNATI OH 45201
Craig F Maier	director	P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching	director	822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr	director	822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck	director, Director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox	officer: Chief Executive Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth	officer: Vice President & Treasurer	P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson	officer: VP, General Counsel	P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson	officer: Chief Operating Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser	officer: Chief Financial Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette	officer: Chief Culture Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck	director	221 EAST FOURTH STREET, CINCINNATI OH 45202