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Diebold Nixdorf (Diebold Nixdorf) Cash Conversion Cycle : 73.84 (As of Dec. 2023)


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What is Diebold Nixdorf Cash Conversion Cycle?

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

Diebold Nixdorf's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.73.
Diebold Nixdorf's Days Inventory for the three months ended in Dec. 2023 was 70.45.
Diebold Nixdorf's Days Payable for the three months ended in Dec. 2023 was 59.34.
Therefore, Diebold Nixdorf's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 73.84.


Diebold Nixdorf Cash Conversion Cycle Historical Data

The historical data trend for Diebold Nixdorf'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.

Diebold Nixdorf Cash Conversion Cycle Chart

Diebold Nixdorf 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 61.37 58.79 47.60 51.14 -

Diebold Nixdorf Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 55.30 64.46 73.12 - 73.84

Competitive Comparison of Diebold Nixdorf's Cash Conversion Cycle

For the Software - Application subindustry, Diebold Nixdorf'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.


Diebold Nixdorf's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Diebold Nixdorf's Cash Conversion Cycle distribution charts can be found below:

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



Diebold Nixdorf 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.

Diebold Nixdorf'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
=0+0-0
=0.00

Diebold Nixdorf's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=62.73+70.45-59.34
=73.84

* 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.


Diebold Nixdorf  (NYSE:DBD) 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.


Diebold Nixdorf Cash Conversion Cycle Related Terms

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


Diebold Nixdorf (Diebold Nixdorf) Business Description

Traded in Other Exchanges
Address
50 Executive Parkway, P.O. Box 2520, Hudson, OH, USA, 44236-1605
Diebold Nixdorf Inc is engaged in providing software and hardware services for financial and retail industries. The customer segments of the company are banking which offers integrated solutions for financial institutions and retail which offers solutions, software, and services which improve the checkout process for retailers.
Executives
Octavio Marquez officer: President and CEO C/O DIEBOLD NIXDORF, INCORPORATED, 50 EXECUTIVE PKWY, HUDSON OH 44236
Brian D Connolly 10 percent owner 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
World Investors Capital 10 percent owner 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES CA 90071
Millstreet Capital Management Llc 10 percent owner 545 BOYLSTON STREET, 8TH FLOOR, BOSTON MA 02116
Craig Kelleher 10 percent owner 545 BOYLSTON STREET 8TH FLOOR, BOSTON MA 02116
Gary G Greenfield director AVID, 75 NETWORK DRIVE, BURLINGTON MA 01803
Mr. Gary G. Greenfield Member of the Board of Directors
Mr. Octavio Marquez President and CEO
Ilhami Cantadurucu officer: EVP - Global Retail C/O DIEBOLD NIXDORF, INCORPORATED, P.O. BOX 2520, HUDSON OH 44236
Elizabeth Christine Radigan officer: EVP - Chief People Officer C/O/ DIEBOLD NIXDORF, INCORPORATED, 50 EXECUTIVE PKWY, P.O. BOX 2520, HUDSON OH 44236
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Marjorie L. Bowen director 225 6TH STREET, MANHATTAN BEACH CA 90266
Jonathan Myers officer: EVP - Global Banking C/O DIEBOLD NIXDORF, INCORPORATED, 50 EXECUTIVE PKWY, HUDSON OH 44236
David Alan Caldwell officer: EVP - Strategy & Corp Dev C/O DIEBOLD NIXDORF, INCORPORATED, 50 EXECUTIVE PKWY, HUDSON OH 44236
Hermann Friedrich Wimmer officer: EVP - Global Retail C/O DIEBOLD NIXDORF, INCORPORATED, 50 EXECUTIVE PKWY, HUDSON OH 44236