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Buckle (Buckle) Cash Conversion Cycle : 44.67 (As of Jan. 2024)


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What is Buckle Cash Conversion Cycle?

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

Buckle's Days Sales Outstanding for the three months ended in Jan. 2024 was 2.27.
Buckle's Days Inventory for the three months ended in Jan. 2024 was 69.76.
Buckle's Days Payable for the three months ended in Jan. 2024 was 27.36.
Therefore, Buckle's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 44.67.


Buckle Cash Conversion Cycle Historical Data

The historical data trend for Buckle'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.

Buckle Cash Conversion Cycle Chart

Buckle Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.73 56.78 30.49 36.75 48.75

Buckle Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 41.61 51.95 50.42 52.88 44.67

Competitive Comparison of Buckle's Cash Conversion Cycle

For the Apparel Retail subindustry, Buckle'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.


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

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

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



Buckle 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.

Buckle's Cash Conversion Cycle for the fiscal year that ended in Jan. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.09+71.47-25.81
=48.75

Buckle's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.27+69.76-27.36
=44.67

* 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.


Buckle  (NYSE:BKE) 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.


Buckle Cash Conversion Cycle Related Terms

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


Buckle (Buckle) Business Description

Traded in Other Exchanges
Address
2407 West 24th Street, Kearney, NE, USA, 68845-4915
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
Executives
Kelli D Molczyk officer: SVP Women's Merchandising 2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie officer: SVP Leasing
Dennis H Nelson director, officer: President & CEO
Thomas B Heacock director, officer: SVP Finance, Treasurer, & CFO 2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield director 111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman officer: VP SALES 2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith officer: VP of Sales
Shruti S Joshi director 2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate officer: VP SUPPLY CHAIN & MERCH OP 2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz director 2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg officer: VP MEN'S MERCHANDISING 2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads director, officer: VP of Finance, Treasurer & CFO
James E Shada director, officer: Executive VP Sales
Bruce Hoberman director
Angie J Klein director 2407 W 24TH STREET, KEARNEY NE 68845