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American Woodmark (American Woodmark) Cash Conversion Cycle : 52.17 (As of Jan. 2024)


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What is American Woodmark Cash Conversion Cycle?

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

American Woodmark's Days Sales Outstanding for the three months ended in Jan. 2024 was 25.27.
American Woodmark's Days Inventory for the three months ended in Jan. 2024 was 43.52.
American Woodmark's Days Payable for the three months ended in Jan. 2024 was 16.62.
Therefore, American Woodmark's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 52.17.


American Woodmark Cash Conversion Cycle Historical Data

The historical data trend for American Woodmark'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.

American Woodmark Cash Conversion Cycle Chart

American Woodmark Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.46 39.84 42.16 50.39 50.41

American Woodmark 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 63.26 57.19 49.03 48.65 52.17

Competitive Comparison of American Woodmark's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, American Woodmark'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.


American Woodmark's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, American Woodmark's Cash Conversion Cycle distribution charts can be found below:

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



American Woodmark 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.

American Woodmark's Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=24.39+44.75-18.73
=50.41

American Woodmark'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
=25.27+43.52-16.62
=52.17

* 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.


American Woodmark  (NAS:AMWD) 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.


American Woodmark Cash Conversion Cycle Related Terms

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


American Woodmark (American Woodmark) Business Description

Traded in Other Exchanges
Address
561 Shady Elm Road, Winchester, VA, USA, 22602
American Woodmark Corp manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The company offers framed stock cabinets in over 400 different cabinet lines and prices from relatively inexpensive to medium-priced styles. Its products are sold on a national basis across the United States to the remodeling and new home construction markets. The products are sold under the brand names American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series, and Waypoint Living Spaces.
Executives
Andrew B Cogan director C/O KNOLL INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Michael Scott Culbreth officer: SVP & CFO 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Latasha Akoma director 2254 BALSAN WAY, WELLINGTON FL 33414
Emily Cavanagh Videtto director 1901 WEST 4TH STREET, PELLA IA 50219
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Daniel T Hendrix director 2859 PACES ROAD, ATLANTA GA 30339
Paul Joachimczyk officer: VP & CFO C/O TOPBUILD CORP., 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Adams Robert J Jr officer: SVP Value Stream Operations 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Roger Perry Campbell officer: SVP & GM New Construction 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Steven Cary Dunston officer: Senior VP, Manufacturing 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Teresa M May director 2 COREY CREEK ROAD, TOLEDO OH 43623
Carol B Moerdyk director LIBBEY INC, PO BOX 10060, TOLEDO OH 43699-0060
James G Davis director C/O JAMES G DAVIS CONSTRUCTION CORP, 13530 PARKLAWN DRIVE, ROCKVILLE MD 20852
William F Brandt director, 10 percent owner, officer: Chairman C/O AMERICAN WOODMARK CORPORATION, 3102 SHAWNEE DRIVE, WINCHESTER VA 22601