A cable measurement system and cutter apparatus has a housing, a display device, a material conduit, a rotary encoder, a cutting tool handle a resistance member a movable cutting blade and a blade aperture. The cutter system is able to measure the length of a cable that passes through the material conduit which traverses through the housing. The display device is mounted onto the housing and is coupled to the rotary encoder which measures the length of cable passed through the housing. The encoder is mounted next to the conduit so that the cable is measured, and the length is displayed on the display device. one end of the cutting tool handle is rotatably mounted to the housing and the movable blade is mounted onto the opposite end of the handle. The blade is able to cut the cable by moving through the blade aperture which traverses through the conduit.