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DISH Network (DISH Network) Cash Conversion Cycle : 10.65 (As of Sep. 2023)


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What is DISH Network Cash Conversion Cycle?

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

DISH Network's Days Sales Outstanding for the three months ended in Sep. 2023 was 20.24.
DISH Network's Days Inventory for the three months ended in Sep. 2023 was 17.27.
DISH Network's Days Payable for the three months ended in Sep. 2023 was 26.86.
Therefore, DISH Network's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 10.65.


DISH Network Cash Conversion Cycle Historical Data

The historical data trend for DISH Network'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.

DISH Network Cash Conversion Cycle Chart

DISH Network Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.03 19.62 20.43 15.78 8.95

DISH Network Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 13.44 9.43 8.08 6.09 10.65

Competitive Comparison of DISH Network's Cash Conversion Cycle

For the Telecom Services subindustry, DISH Network'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.


DISH Network's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where DISH Network's Cash Conversion Cycle falls into.



DISH Network 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.

DISH Network's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=20.75+16.65-28.45
=8.95

DISH Network's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=20.24+17.27-26.86
=10.65

* 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.


DISH Network  (NAS:DISH) 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.


DISH Network Cash Conversion Cycle Related Terms

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DISH Network (DISH Network) Business Description

Traded in Other Exchanges
N/A
Address
9601 South Meridian Boulevard, Englewood, CO, USA, 80112
From its founding in the 1980s, Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 7 million U.S. customers. Dish launched an internet-based television offering under the Sling brand in 2015 and now serves about 2 million customers on this platform. Dish's future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past 15 years, spending about $30 billion in the process, and is now building a nationwide wireless network. It acquired Sprint's prepaid business and now serves about 8 million customers. Dish plans to merge with EchoStar, a firm it spun out in 2008 that provides satellite-based communications services.
Executives
Paul W Orban officer: SVP & Chief Accounting Officer 9601 SOUTH MERIDIAN BOULEVARD, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Thomas A Cullen officer: EVP, Corporate Development DISH NETWORK CORPORATION, 9601 SOUTH MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year May 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, TRUSTEE, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
James Defranco director, officer: Executive Vice President 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Douglas Balsbough officer: EVP and Chief People Officer 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephen J Bye director 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year December 2022 Dish Grat 10 percent owner C/O CANTEY ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Ergen Two-year May 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Narayan Raghu Iyengar officer: EVP & CHIEF OPERATING OFFICER 415 SOUTH 18TH STREET, ST. LOUIS MO 63103
Ergen Two-year December 2021 Dish Grat 10 percent owner C/O DISH NETWORK L.L.C., 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
David A. Scott officer: EVP & Chief HR Officer 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Dish Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112