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Carlisle (Carlisle) Cash Conversion Cycle

: 67.75 (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.

Carlisle's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.98.
Carlisle's Days Inventory for the three months ended in Dec. 2023 was 48.76.
Carlisle's Days Payable for the three months ended in Dec. 2023 was 36.99.
Therefore, Carlisle's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 67.75.


Carlisle Cash Conversion Cycle Historical Data

The historical data trend for Carlisle'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.

Carlisle 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 75.07 78.22 86.48 69.14 71.25

Carlisle 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 99.37 88.21 78.78 78.00 67.75

Competitive Comparison

For the Building Products & Equipment subindustry, Carlisle'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.


Carlisle Cash Conversion Cycle Distribution

For the Construction industry and Industrials sector, Carlisle's Cash Conversion Cycle distribution charts can be found below:

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



Carlisle 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.

Carlisle'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
=48.96+54.37-32.08
=71.25

Carlisle'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
=55.98+48.76-36.99
=67.75

* 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.


Carlisle  (NYSE:CSL) 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.


Carlisle Cash Conversion Cycle Related Terms

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


Carlisle (Carlisle) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.
Executives
David W Smith officer: VP, Sustainability 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Mehul Patel officer: VP, Investor Relations 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Stephen Aldrich officer: VP & Chief Accounting Officer 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
John E Berlin officer: President, CIT 301 KEELERS COURT, PONTE VEDRA BEACH FL 32082
Lori A Snyder officer: V. P., Human Resources 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kevin P Zdimal officer: V.P., Business Development 9210 UNBRIDLE LANE, WAXHAW NC 28173
Stephen Schwar officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Frank J. Ready officer: President, CWT 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
D Christian Koch officer: CEO & President P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Nicholas J. Shears officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Kelly P Kamienski officer: Principal Accounting Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Robert M. Roche officer: VP & Chief Financial Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Scott C Selbach officer: V.P., Corporate Development 7002 SETON HOUSE LANE, CHARLOTTE NC 28277
Laura Walsh officer: VP & Chief Information Officer 16430 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254