FUJI Seal International (TSE:7864) Cash Conversion Cycle

: 114.41 (As of Dec. 2023)

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

FUJI Seal International's Days Sales Outstanding for the three months ended in Dec. 2023 was 89.69.
FUJI Seal International's Days Inventory for the three months ended in Dec. 2023 was 61.1.
FUJI Seal International's Days Payable for the three months ended in Dec. 2023 was 36.38.
Therefore, FUJI Seal International's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 114.41.

FUJI Seal International Cash Conversion Cycle Historical Data

The historical data trend for FUJI Seal International'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.

FUJI Seal International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash Conversion Cycle

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104.71

112.88

108.70

103.03

105.40

FUJI Seal International 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															121.49	114.45	114.48	116.63	114.41

Competitive Comparison

For the Packaging & Containers subindustry, FUJI Seal International'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.

FUJI Seal International Cash Conversion Cycle Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, FUJI Seal International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where FUJI Seal International's Cash Conversion Cycle falls into.

FUJI Seal International 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.

FUJI Seal International's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	86.08	+	53.65	-	34.33
	=	105.40

FUJI Seal International'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
	=	89.69	+	61.1	-	36.38
	=	114.41

FUJI Seal International (TSE:7864) 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.

FUJI Seal International Cash Conversion Cycle Related Terms

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FUJI Seal International (TSE:7864) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » FUJI Seal International Inc (TSE:7864) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

FUJSF:USA

Address

1-9-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.fujiseal.co.jp

FUJI Seal manufactures a variety of packaging products. The majority of the company's revenue comes from the sale of shrink labels, which are used to label consumer products on plastic, glass, and metallic containers. FUJI Seal also sells self-adhesive labels used to label consumer products, soft pouches used for food, beverages, and personal care products, packaging machinery, and other packaging products. The firm organizes itself into five segments based on geography: Japan, Americas, Europe, PAGO, and ASEAN. The majority of revenue comes from Japan.

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