Mood Media (LSE:MM.) Cash Conversion Cycle : 40.06 (As of Mar. 2017)

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What is Mood Media Cash Conversion Cycle?

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

Mood Media's Days Sales Outstanding for the three months ended in Mar. 2017 was 0.
Mood Media's Days Inventory for the three months ended in Mar. 2017 was 40.06.
Mood Media's Days Payable for the three months ended in Mar. 2017 was 0.
Therefore, Mood Media's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2017 was 40.06.

Mood Media Cash Conversion Cycle Historical Data

The historical data trend for Mood Media'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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Mood Media Cash Conversion Cycle Chart

Mood Media Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash Conversion Cycle

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57.72

48.71

48.15

43.59

35.71

Mood Media Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Cash Conversion Cycle	Get a 7-Day Free Trial															43.62	38.28	39.13	36.62	40.06

Competitive Comparison of Mood Media's Cash Conversion Cycle

For the Advertising Agencies subindustry, Mood Media'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.

Mood Media's Cash Conversion Cycle Distribution in the Media - Diversified Industry

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

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

Mood Media 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.

Mood Media's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	35.71	-	0
	=	35.71

Mood Media's Cash Conversion Cycle for the quarter that ended in Mar. 2017 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	0	+	40.06	-	0
	=	40.06

Mood Media (LSE:MM.) 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.

Mood Media Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Mood Media's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Mood Media (LSE:MM.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mood Media Corp (LSE:MM.) » Definitions » Cash Conversion Cycle

Comparable Companies

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Address

Website

http://www.moodmedia.com

Mood Media Corp was continued under the Canada Business Corporations Act on June 17, 2008 under the name Fluid Music Canada, Inc. On June 28, 2010, the Company changed its name to Mood Media Corporation. The Company provides in-store audio, visual, mobile, social and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels, car dealerships and restaurants. Proprietary technology and software are used to deploy music from a compiled music library to client sites. This library comes from a diverse network of producers including major labels and independent and emerging artists. The Company reports its continuing operations in three reportable segments, In-store media - International, In-store media - North America, and BIS based on the significant business activity of the Company and its subsidiaries.

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