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Interactive Intelligence Group (Interactive Intelligence Group) Cash Conversion Cycle : 51.48 (As of Sep. 2016)


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What is Interactive Intelligence Group Cash Conversion Cycle?

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

Interactive Intelligence Group's Days Sales Outstanding for the three months ended in Sep. 2016 was 77.87.
Interactive Intelligence Group's Days Inventory for the three months ended in Sep. 2016 was 0.
Interactive Intelligence Group's Days Payable for the three months ended in Sep. 2016 was 26.39.
Therefore, Interactive Intelligence Group's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2016 was 51.48.


Interactive Intelligence Group Cash Conversion Cycle Historical Data

The historical data trend for Interactive Intelligence 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.

* Premium members only.

Interactive Intelligence Group Cash Conversion Cycle Chart

Interactive Intelligence Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.21 62.54 57.09 64.30 66.03

Interactive Intelligence Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 58.16 60.40 65.70 54.29 51.48

Competitive Comparison of Interactive Intelligence Group's Cash Conversion Cycle

For the Software - Application subindustry, Interactive Intelligence 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.


Interactive Intelligence Group's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Interactive Intelligence Group's Cash Conversion Cycle distribution charts can be found below:

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



Interactive Intelligence 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.

Interactive Intelligence Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=90.75+0-24.72
=66.03

Interactive Intelligence Group's Cash Conversion Cycle for the quarter that ended in Sep. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=77.87+0-26.39
=51.48

* 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.


Interactive Intelligence Group  (NAS:ININ) 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.


Interactive Intelligence Group Cash Conversion Cycle Related Terms

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Interactive Intelligence Group (Interactive Intelligence Group) Business Description

Traded in Other Exchanges
N/A
Address
Interactive Intelligence Group Inc was incorporated in Indiana in April 2011. The Company is a provider of software and services designed to improve the customer experience. It offers a suite of applications that provides customers with a multichannel communications platform that is delivered on-premises or through the cloud. Its software applications provide a range of pre-integrated inbound and outbound communications functionality. Its solutions are used by businesses and organizations in industries including teleservices, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services. Its solutions can be deployed via its cloud model using a data center, on-premises at the customer's site, as hybrid cloud/on-premises solutions, or as a managed service in which it manages the communications solution for the customer. The Company has different competitors, including inContact, Inc., Five9, Inc., and the Echopass solution, which was acquired by Genesys Telecommunications Laboratories, Inc. ("Genesys"). In the on-premises contact center market, its primary competitors are Avaya, Cisco, Microsoft, Mitel Networks Corp, and ShoreTel. Its registered trademark includes "Interactive Intelligence". The Company is subject to compliance with federal, state and local provisions.
Executives
Mitchell E Daniels director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Richard A Reck director 128 HILLCREST AVENUE HINSDALE IL 60521-4736
Mark E Hill director 12900 NORTH MERIDIAN, SUITE 200, CARMEL IN 46032
Thomas J Fisher officer: Chief Services Officer 7601 INTERACTIE WAY, INDIANAPOLIS IN 46278

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