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United States Cellular (United States Cellular) Cash Conversion Cycle : 74.90 (As of Mar. 2024)


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What is United States Cellular Cash Conversion Cycle?

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

United States Cellular's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.34.
United States Cellular's Days Inventory for the three months ended in Mar. 2024 was 42.87.
United States Cellular's Days Payable for the three months ended in Mar. 2024 was 53.31.
Therefore, United States Cellular's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 74.90.


United States Cellular Cash Conversion Cycle Historical Data

The historical data trend for United States Cellular'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.

United States Cellular Cash Conversion Cycle Chart

United States Cellular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.62 45.76 45.08 62.14 74.87

United States Cellular Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 86.24 91.37 56.77 54.76 74.90

Competitive Comparison of United States Cellular's Cash Conversion Cycle

For the Telecom Services subindustry, United States Cellular'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.


United States Cellular's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United States Cellular's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where United States Cellular's Cash Conversion Cycle falls into.



United States Cellular 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.

United States Cellular's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.07+48.58-61.78
=74.87

United States Cellular's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=85.34+42.87-53.31
=74.90

* 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.


United States Cellular  (NYSE:USM) 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.


United States Cellular Cash Conversion Cycle Related Terms

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


United States Cellular (United States Cellular) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
Executives
Michael Irizarry officer: EVP & CTO-Engineering and IS 8410 W BRYN MAWR, CHICAGO IL 60631
Kevin R Lowell officer: EVP, Chief People Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Xavier Williams director C/O AMERICAN VIRTUAL CLOUD TECHNOLOGIES, 1720 PEACHTREE ST., SUITE 629, ATLANTA GA 30309
James W Butman director 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602
Gregory P Josefowicz director 850 76TH STREET SW, GRAND RAPIDS MI 49518
Deirdre Drake officer: SVP-Chief HR Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Esteban C Iriarte director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vicki L Villacrez director 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Ronald E Daly director
J Samuel Crowley director 8410 WEST BRYN MAWR ST STE 700, CHICAGO IL 60631
Jay Ellison officer: EVP-Operations
Laurent C Therivel director, officer: President and CEO 8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Kenneth R Meyers director, officer: President and CEO
Anita J Kroll officer: Chief Accounting Officer 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Steven T Campbell director, officer: EVP-Finance, CFO and Treasurer 8410 W. BRYN MAWR, CHICAGO IL 60631

United States Cellular (United States Cellular) Headlines

From GuruFocus

UScellular announces appointment of two new board members

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