Crawford United (Crawford United) Cash Conversion Cycle : 87.18 (As of Dec. 2023)

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What is Crawford United Cash Conversion Cycle?

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

Crawford United's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.53.
Crawford United's Days Inventory for the three months ended in Dec. 2023 was 67.04.
Crawford United's Days Payable for the three months ended in Dec. 2023 was 39.39.
Therefore, Crawford United's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 87.18.

Crawford United Cash Conversion Cycle Historical Data

The historical data trend for Crawford United'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.

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Crawford United Cash Conversion Cycle Chart

Crawford United Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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53.53

65.24

68.65

77.98

74.47

Crawford United 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															84.87	71.71	79.90	94.29	87.18

Competitive Comparison of Crawford United's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Crawford United'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.

Crawford United's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crawford United's Cash Conversion Cycle distribution charts can be found below:

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

Crawford United 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.

Crawford United'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
	=	52.71	+	65.02	-	43.26
	=	74.47

Crawford United'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
	=	59.53	+	67.04	-	39.39
	=	87.18

Crawford United (OTCPK:CRAWA) 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.

Crawford United Cash Conversion Cycle Related Terms

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Crawford United (Crawford United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crawford United Corp (OTCPK:CRAWA) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

10514 Dupont Avenue, Cleveland, OH, USA, 44108

Website

https://www.crawfordunited.com

Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products, which is into the manufacture of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States, Puerto Rico, Mexico, Canada, and Others.

Executives

Matthew V Crawford	director
Edward F Crawford	director
James W Wert	director
Jay Daly	officer: Chief Financial Officer	10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez	director	10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart	officer: Vice President of Engineering	C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna	officer: Chief Financial Officer	6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen	director, 10 percent owner	25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers	director	25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust	10 percent owner	1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot	director, 10 percent owner	1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc	10 percent owner	1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Kirin Smith	director	C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Patrick R Bauman	officer: Vice President Sales/Marketing	851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen	officer: Vice President Manufacturing	1307 JANE LANE, GREENWOOD MS 38930