Dawson Geophysical Co (Dawson Geophysical Co) Cash Conversion Cycle : 30.40 (As of Dec. 2023)

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What is Dawson Geophysical Co Cash Conversion Cycle?

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

Dawson Geophysical Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.15.
Dawson Geophysical Co's Days Inventory for the three months ended in Dec. 2023 was 0.
Dawson Geophysical Co's Days Payable for the three months ended in Dec. 2023 was 4.75.
Therefore, Dawson Geophysical Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 30.40.

Dawson Geophysical Co Cash Conversion Cycle Historical Data

The historical data trend for Dawson Geophysical Co'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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Dawson Geophysical Co Cash Conversion Cycle Chart

Dawson Geophysical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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-16.21

8.16

60.73

38.65

23.85

Dawson Geophysical Co 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															23.81	-149.14	-218.26	-224.31	30.40

Competitive Comparison of Dawson Geophysical Co's Cash Conversion Cycle

For the Oil & Gas Equipment & Services subindustry, Dawson Geophysical Co'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.

Dawson Geophysical Co's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dawson Geophysical Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Dawson Geophysical Co's Cash Conversion Cycle falls into.

Dawson Geophysical Co 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.

Dawson Geophysical Co'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
	=	39.02	+	0	-	15.17
	=	23.85

Dawson Geophysical Co'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
	=	35.15	+	0	-	4.75
	=	30.40

Dawson Geophysical Co (NAS:DWSN) 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.

Dawson Geophysical Co Cash Conversion Cycle Related Terms

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Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dawson Geophysical Co (NAS:DWSN) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

RVS1:Germany

Address

508 West Wall, Suite 800, Midland, TX, USA, 79701

Website

https://www.dawson3d.com

Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.

Executives

William Anthony Clark	officer: EVP & Chief Business Officer	13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley	director	3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc.	10 percent owner	17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks	director	17010 IH-20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov	director	6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias	officer: EVP, Chief Operating Officer	508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper	director, officer: President and CEO	508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas	officer: EVP, Chief Technical Officer	508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett	director	210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas	director	64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes	director, 10 percent owner, officer: Chairman of the Board & Secy.	4532 7TH STREET, LUBBOCK TX 79416