Everybody Loves Languages (TSXV:ELL) Cash Conversion Cycle : 441.61 (As of Sep. 2021)

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What is Everybody Loves Languages Cash Conversion Cycle?

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

Everybody Loves Languages's Days Sales Outstanding for the three months ended in Sep. 2021 was 539.38.
Everybody Loves Languages's Days Inventory for the three months ended in Sep. 2021 was 0.
Everybody Loves Languages's Days Payable for the three months ended in Sep. 2021 was 97.77.
Therefore, Everybody Loves Languages's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2021 was 441.61.

Everybody Loves Languages Cash Conversion Cycle Historical Data

The historical data trend for Everybody Loves Languages'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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Everybody Loves Languages Cash Conversion Cycle Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash Conversion Cycle

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34.69

-355.17

-364.35

-301.82

54.31

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash Conversion Cycle	Get a 7-Day Free Trial															565.98	40.14	291.87	-22.59	441.61

Competitive Comparison of Everybody Loves Languages's Cash Conversion Cycle

For the Education & Training Services subindustry, Everybody Loves Languages'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.

Everybody Loves Languages's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Everybody Loves Languages's Cash Conversion Cycle falls into.

Everybody Loves Languages 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.

Everybody Loves Languages's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	155.41	+	0	-	101.1
	=	54.31

Everybody Loves Languages's Cash Conversion Cycle for the quarter that ended in Sep. 2021 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	539.38	+	0	-	97.77
	=	441.61

Everybody Loves Languages (TSXV:ELL) 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.

Everybody Loves Languages Cash Conversion Cycle Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

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