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Bel Fuse (Bel Fuse) Cash Conversion Cycle : 170.17 (As of Mar. 2024)


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What is Bel Fuse Cash Conversion Cycle?

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

Bel Fuse's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.69.
Bel Fuse's Days Inventory for the three months ended in Mar. 2024 was 152.25.
Bel Fuse's Days Payable for the three months ended in Mar. 2024 was 41.77.
Therefore, Bel Fuse's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 170.17.


Bel Fuse Cash Conversion Cycle Historical Data

The historical data trend for Bel Fuse'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.

Bel Fuse Cash Conversion Cycle Chart

Bel Fuse 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 122.89 122.90 112.91 124.51 142.40

Bel Fuse 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 139.31 143.41 146.92 156.81 170.17

Competitive Comparison of Bel Fuse's Cash Conversion Cycle

For the Electronic Components subindustry, Bel Fuse'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.


Bel Fuse's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bel Fuse's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bel Fuse's Cash Conversion Cycle falls into.



Bel Fuse 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.

Bel Fuse'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
=54.6+133.01-45.21
=142.40

Bel Fuse'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
=59.69+152.25-41.77
=170.17

* 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.


Bel Fuse  (NAS:BELFA) 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.


Bel Fuse Cash Conversion Cycle Related Terms

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


Bel Fuse (Bel Fuse) Business Description

Traded in Other Exchanges
Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
Executives
Daniel Bernstein director, officer: President and CEO
Avi D Eden director
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Thomas E Dooley director 1515 BROADWAY, NEW YORK NY 10036
Bittner Peter G. Iii officer: Vice President C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Vincent Vellucci director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Rita V Smith director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious officer: Vice President of Finance C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert director
John F Tweedy director
Robert H Simandl director
Dennis Ackerman officer: Vice President - Operations C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Eric M Nowling director STANDARD MICROSYSTEMS CORP, 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Norman L. Yeung director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Raymond Cheung officer: Vice President-Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302