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JEF (Jefferies Financial Group) Cash Conversion Cycle : -477.07 (As of Feb. 2025)


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What is Jefferies Financial Group Cash Conversion Cycle?

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

Jefferies Financial Group's Days Sales Outstanding for the three months ended in Feb. 2025 was 263.52.
Jefferies Financial Group's Days Inventory for the three months ended in Feb. 2025 was 0.
Jefferies Financial Group's Days Payable for the three months ended in Feb. 2025 was 740.59.
Therefore, Jefferies Financial Group's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2025 was -477.07.


Jefferies Financial Group Cash Conversion Cycle Historical Data

The historical data trend for Jefferies Financial Group'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.

Jefferies Financial Group Cash Conversion Cycle Chart

Jefferies Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -609.13 -563.14 -579.64 -662.10 -473.36

Jefferies Financial Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -492.70 -527.37 -531.76 -438.53 -477.07

Competitive Comparison of Jefferies Financial Group's Cash Conversion Cycle

For the Capital Markets subindustry, Jefferies Financial Group'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.


Jefferies Financial Group's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Jefferies Financial Group's Cash Conversion Cycle falls into.


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Jefferies Financial Group 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.

Jefferies Financial Group's Cash Conversion Cycle for the fiscal year that ended in Nov. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=182.95+0-656.31
=-473.36

Jefferies Financial Group's Cash Conversion Cycle for the quarter that ended in Feb. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=263.52+0-740.59
=-477.07

* 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.


Jefferies Financial Group  (NYSE:JEF) 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.


Jefferies Financial Group Cash Conversion Cycle Related Terms

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Jefferies Financial Group Business Description

Traded in Other Exchanges
Address
520 Madison Avenue, New York, NY, USA, 10022
Jefferies Financial Group Inc is a full-service investment banking and capital markets firm. It has two reportable segments; Investment Banking and Capital Markets which is also the majority revenue generating segment, includes securities, commodities, corporate lending, futures and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across different sectors. The Asset Management reportable business segment provides alternative investment management services to investors in the U.S. and overseas and generates investment income from capital invested in and managed by it or its affiliated asset managers. Operates geographically in America, Europe and Middle East, Asia Pasific.
Executives
Joseph S Steinberg director, 10 percent owner, officer: President C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Richard B Handler director, officer: CEO C/O JEFFERIES LLC, 520 MADISON AVE., NEW YORK NY 10022
Brian P Friedman director, officer: President
Robert D Beyer director 1014 VINE ST, CINCINNATI OH 45202
Mark Lawrence Cagno officer: VP and Co-Controller C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Matthew Scott Larson officer: EVP, Co-CFO C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Rocco J Nittoli officer: Treasurer 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Thomas W Jones director ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
O Kane Michael T director 80 HICKORY HILL BLVD, TOTOWA NJ 07512
Melissa Weiler director 399 PARK AVE 38TH FL, NEW YORK DC 10022
Matrice Ellis-kirk director C/O JEFFERIES FINANCIAL GROUP INC, 520 MADISON AVENUE, NEW YORK NY 10022
Stuart Harry Reese director
Barry J Alperin director C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Maryanne Gilmartin director C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVE., NEW YORK NY 10022
Jacob M Katz director C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134