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SeaChange International (SeaChange International) Cash Conversion Cycle : 61.26 (As of Apr. 2023)


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What is SeaChange International Cash Conversion Cycle?

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

SeaChange International's Days Sales Outstanding for the three months ended in Apr. 2023 was 115.79.
SeaChange International's Days Inventory for the three months ended in Apr. 2023 was 0.
SeaChange International's Days Payable for the three months ended in Apr. 2023 was 54.53.
Therefore, SeaChange International's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2023 was 61.26.


SeaChange International Cash Conversion Cycle Historical Data

The historical data trend for SeaChange International'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.

SeaChange International Cash Conversion Cycle Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.36 33.92 62.60 19.68 39.19

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 41.14 10.68 -5.45 -5.54 61.26

Competitive Comparison of SeaChange International's Cash Conversion Cycle

For the Software - Application subindustry, SeaChange International'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.


SeaChange International's Cash Conversion Cycle Distribution in the Software Industry

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

* The bar in red indicates where SeaChange International's Cash Conversion Cycle falls into.



SeaChange International 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.

SeaChange International's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=107.84+0-68.65
=39.19

SeaChange International's Cash Conversion Cycle for the quarter that ended in Apr. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=115.79+0-54.53
=61.26

* 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.


SeaChange International  (OTCPK:SEAC) 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.


SeaChange International Cash Conversion Cycle Related Terms

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


SeaChange International (SeaChange International) Business Description

Traded in Other Exchanges
N/A
Address
177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.
Executives
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Christoph Klimmer officer: President 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Mark Paul Szynkowski officer: SVP, CFO and Treasurer 44 LAKEVIEW DRIVE, MONROE NY 10950
Igor Volshteyn director 6470 EAST JOHNS CROSSING, DULUTH GA 30097
Kathleen Mosher officer: Chief Financial Officer C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Peter D Aquino director, officer: President and C.E.O. MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Michael Prinn officer: Chief Financial Officer C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons director 439 WILLIAMSON ROAD, GLADWYNE PA 19035
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Matthew Stecker director 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Marek Kielczewski officer: Chief Technology Officer 50 NAGOG PARK, ACTON MA 01720
Yosef Aloni officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720
Julian D. Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Chad A. Hassler officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720