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Twenty-First Century Fox (FRA:NXW2) Cash Conversion Cycle : 90.18 (As of Dec. 2018)


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What is Twenty-First Century Fox Cash Conversion Cycle?

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

Twenty-First Century Fox's Days Sales Outstanding for the three months ended in Dec. 2018 was 81.74.
Twenty-First Century Fox's Days Inventory for the three months ended in Dec. 2018 was 58.07.
Twenty-First Century Fox's Days Payable for the three months ended in Dec. 2018 was 49.63.
Therefore, Twenty-First Century Fox's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2018 was 90.18.


Twenty-First Century Fox Cash Conversion Cycle Historical Data

The historical data trend for Twenty-First Century Fox'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.

Twenty-First Century Fox Cash Conversion Cycle Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.11 50.32 100.84 140.24 138.82

Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 67.02 81.71 104.81 129.38 90.18

Competitive Comparison of Twenty-First Century Fox's Cash Conversion Cycle

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Twenty-First Century Fox's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Twenty-First Century Fox's Cash Conversion Cycle falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cash Conversion Cycle for the fiscal year that ended in Jun. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=83.17+63.64-7.99
=138.82

Twenty-First Century Fox's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=81.74+58.07-49.63
=90.18

* 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.


Twenty-First Century Fox  (FRA:NXW2) 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.


Twenty-First Century Fox Cash Conversion Cycle Related Terms

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Twenty-First Century Fox (FRA:NXW2) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

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