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Body Central (Body Central) Cash Conversion Cycle : 30.61 (As of Sep. 2014)


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What is Body Central Cash Conversion Cycle?

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

Body Central's Days Sales Outstanding for the three months ended in Sep. 2014 was 1.61.
Body Central's Days Inventory for the three months ended in Sep. 2014 was 37.15.
Body Central's Days Payable for the three months ended in Sep. 2014 was 8.15.
Therefore, Body Central's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2014 was 30.61.


Body Central Cash Conversion Cycle Historical Data

The historical data trend for Body Central'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.

Body Central Cash Conversion Cycle Chart

Body Central Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash Conversion Cycle
Get a 7-Day Free Trial 13.67 9.88 10.06 16.32 21.37

Body Central Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 25.46 23.44 28.46 27.84 30.61

Competitive Comparison of Body Central's Cash Conversion Cycle

For the Apparel Retail subindustry, Body Central'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.


Body Central's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Body Central's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Body Central's Cash Conversion Cycle falls into.



Body Central 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.

Body Central's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.84+36.17-19.64
=21.37

Body Central's Cash Conversion Cycle for the quarter that ended in Sep. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.61+37.15-8.15
=30.61

* 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.


Body Central  (OTCPK:BODY) 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.


Body Central Cash Conversion Cycle Related Terms

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


Body Central (Body Central) Business Description

Traded in Other Exchanges
N/A
Address
Body Central Corp is a multi-channel specialty retailer offering apparel and accessories. The company operates specialty apparel stores under the Body Central and Body Shop banners as well as a direct business comprised Boy central catalog and e-commerce website. Its products include tops, dresses, bottoms, jewelry, lingerie, accessories, and shoes. The company markets and sells its products under Bodycentral, Sexy stretch and Lipstick lingerie brand labels.
Executives
683 Capital Partners, Lp 10 percent owner C/O 683 CAPITAL GP, LLC, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
683 Capital Management, Llc 10 percent owner 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Ari Zweiman director C/O 683 CAPITAL MANAGEMENT, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Solas Capital Management, Llc 10 percent owner 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Tucker Golden Frederick 10 percent owner C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Donna R Ecton director C/O BODY CENTRAL CORP., 6225 POWERS AVENUE, JACKSONVILLE FL 32217
Thomas W Stoltz officer: COO & CFO 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
John K Haley director C/O GENERAL GROWTH PROPERTIES, INC. 110 NORTH WACKER DRIVE CHICAGO IL 60606
Allen Weinstein other: Former President and CEO C/O BODY CENTRAL CORP., 6225 POWERS AVENUE, JACKSONVILLE FL 32217
Martin P Doolan director 150 THORN HILL DR., WARRENDALE PA 15095
Richard J Williams 10 percent owner 125 HIGH STREET, 26TH FLOOR, BOSTON MA 02110

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