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Scripps Networks Interactive (Scripps Networks Interactive) Cash Conversion Cycle : 71.18 (As of Dec. 2017)


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What is Scripps Networks Interactive Cash Conversion Cycle?

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

Scripps Networks Interactive's Days Sales Outstanding for the three months ended in Dec. 2017 was 82.55.
Scripps Networks Interactive's Days Inventory for the three months ended in Dec. 2017 was 0.
Scripps Networks Interactive's Days Payable for the three months ended in Dec. 2017 was 11.37.
Therefore, Scripps Networks Interactive's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 71.18.


Scripps Networks Interactive Cash Conversion Cycle Historical Data

The historical data trend for Scripps Networks Interactive'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.

Scripps Networks Interactive Cash Conversion Cycle Chart

Scripps Networks Interactive Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.38 76.22 76.96 75.32 75.13

Scripps Networks Interactive Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 71.65 73.12 75.15 85.91 71.18

Competitive Comparison of Scripps Networks Interactive's Cash Conversion Cycle

For the Broadcasting subindustry, Scripps Networks Interactive'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.


Scripps Networks Interactive's Cash Conversion Cycle Distribution in the Media - Diversified Industry

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

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



Scripps Networks Interactive 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.

Scripps Networks Interactive's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.28+0-13.15
=75.13

Scripps Networks Interactive's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=82.55+0-11.37
=71.18

* 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.


Scripps Networks Interactive  (NAS:SNI) 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.


Scripps Networks Interactive Cash Conversion Cycle Related Terms

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Scripps Networks Interactive (Scripps Networks Interactive) Business Description

Traded in Other Exchanges
N/A
Address
Scripps is a vertically integrated content company that operates six domestic cable channels and owns 98% of the content that airs on its channels. Spun off from E.W. Scripps in 2008, Scripps' three largest networks (Food Network, HGTV, and Travel Channel) reach over 90 million households subscribing to basic cable in the U.S. While two (HGTV and Food Network) networks regularly rank within the top 25 networks in the U.S., Scripps has very little exposure to international markets with only 3% of revenue earned from outside the U.S.
Executives
Mitchell Jenny Sue Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Careen Cardin 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Eva Scripps Attal 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Savannah Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Scripps William A. Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Wesley W. Scripps director, 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Samantha J. Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Estate Of Robert P. Scripps, Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Nathaniel W Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Austin S Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Heidt Robert S Iii 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Crystal Vasquez Lozano 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Jessica L. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Dubuc Cody 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
J. Sebastian Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017

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