GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fathom Holdings Inc (NAS:FTHM) » Definitions » Cash Conversion Cycle

Fathom Holdings (Fathom Holdings) Cash Conversion Cycle : -1.28 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Fathom Holdings Cash Conversion Cycle?

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

Fathom Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.11.
Fathom Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.
Fathom Holdings's Days Payable for the three months ended in Mar. 2024 was 5.39.
Therefore, Fathom Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -1.28.


Fathom Holdings Cash Conversion Cycle Historical Data

The historical data trend for Fathom Holdings'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.

Fathom Holdings Cash Conversion Cycle Chart

Fathom Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 1.01 -1.56 -1.72 -1.12 -0.59

Fathom Holdings 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 -1.01 -0.93 -0.29 -0.08 -1.28

Competitive Comparison of Fathom Holdings's Cash Conversion Cycle

For the Real Estate Services subindustry, Fathom Holdings'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.


Fathom Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fathom Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fathom Holdings's Cash Conversion Cycle falls into.



Fathom Holdings 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.

Fathom Holdings'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
=3.4+0-3.99
=-0.59

Fathom Holdings'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
=4.11+0-5.39
=-1.28

* 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.


Fathom Holdings  (NAS:FTHM) 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.


Fathom Holdings Cash Conversion Cycle Related Terms

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


Fathom Holdings (Fathom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Regency Parkway Drive, Suite 300, Cary, NC, USA, 27518
Fathom Holdings Inc is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and Software as a Service offerings to brokerages and agents by leveraging our proprietary cloud-based software, intelliAgent. The company has three reportable segments namely Real Estate Brokerage; Mortgage; and Technology.
Executives
Stephen H. Murray director C/O FATHOM HOLDINGS INC., 2000 REGENCY PARKWAY DRIVE, SUITE 300, CARY NC 27518
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Joshua Harley director, officer: Chief Executive Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jennifer B. Venable director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, RALEIGH NC 27511
Ravila Gupta director 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Glenn A. Sampson director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Marco Fregenal director, officer: Chief Financial Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Samantha Giuggio officer: Chief Broker Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Christopher D. Bennett director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jeffrey H Coats director C/O AUTOBYTEL INC., 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
David C. Hood director C/O GUNDERSON DETTMER, ONE MARINA PARK DRIVE, SUITE 900, BOSTON MA 02210