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EFSH (1847 Holdings LLC) Cash Conversion Cycle : 4.79 (As of Dec. 2024)


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What is 1847 Holdings LLC Cash Conversion Cycle?

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

1847 Holdings LLC's Days Sales Outstanding for the three months ended in Dec. 2024 was 104.88.
1847 Holdings LLC's Days Inventory for the three months ended in Dec. 2024 was 38.27.
1847 Holdings LLC's Days Payable for the three months ended in Dec. 2024 was 138.36.
Therefore, 1847 Holdings LLC's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 4.79.


1847 Holdings LLC Cash Conversion Cycle Historical Data

The historical data trend for 1847 Holdings LLC'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.

1847 Holdings LLC Cash Conversion Cycle Chart

1847 Holdings LLC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.18 38.62 44.19 87.16 51.28

1847 Holdings LLC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 306.28 24.00 23.13 -13.83 4.79

Competitive Comparison of 1847 Holdings LLC's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, 1847 Holdings LLC'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.


1847 Holdings LLC's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, 1847 Holdings LLC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where 1847 Holdings LLC's Cash Conversion Cycle falls into.


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1847 Holdings LLC 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.

1847 Holdings LLC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=87.49+43-79.21
=51.28

1847 Holdings LLC's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=104.88+38.27-138.36
=4.79

* 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.


1847 Holdings LLC  (AMEX:EFSH) 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.


1847 Holdings LLC Cash Conversion Cycle Related Terms

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1847 Holdings LLC Business Description

Traded in Other Exchanges
N/A
Address
260 Madison Avenue, 8th Floor, New York, NY, USA, 10016
1847 Holdings LLC is an acquisition holding company focused on acquiring and managing small businesses. The company's reportable segments are Construction and Automotive Supplies. It reports all other business activities that are not reportable in the Corporate Services segment. The Construction segment, which generates maximum revenue, provides finish carpentry and related products and services, including doors, frames, trim, hardware, millwork, cabinetry, and specialty construction accessories; and the Automotive Supplies segment offers horn and safety products (including electric, air, truck, marine, motorcycle, and industrial equipment) as well as vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles.
Executives
Ellery Roberts director, 10 percent owner, officer: CEO, President and CFO 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Strategic Risk, Llc. 10 percent owner 228 PARK AVE S., PMB 828333, NEW YORK NY 10003
Michele A. Chow-tai director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Paul Froning director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Glyn C. Milburn director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC., BALLWIN MO 63011
Clark R. Crosnoe director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC.,, BALLWIN MO 63011
Taylor Lawrence X. Iii director 2727 N 3RD STREET, SUITE 201, PHOENIX AZ 85004
Tracy S. Harris director C/O 1847 HOLDINGS LLC, 590 MADISON AVE., 21ST FLOOR, NEW YORK NY 10022
Eric Vandam officer: Chief Operating Officer C/O 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Edward Tobin 10 percent owner C/O GEM SURGILIGHT INVESTORS, LLC, 9 WEST 57TH STREET, 46TH FLOOR, NEW YORK NY 10022
Vernice L Howard officer: Chief Financial Officer 590 MADISON AVENUE, 21ST FLOOR, C/O 1847 HOLDINGS LLC, NEW YORK NY 10022
Jay Amond officer: Chief Financial Officer 590 MADISON AVENUE, NEW YORK NY 10022
Rita Mallatt 10 percent owner 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Stephen Jr Mallatt 10 percent owner 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Robert Barry director 1847 GOEDEKER INC., 13850 MANCHESTER RD., BALLWIN MO 63011