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Natural Alternatives International (Natural Alternatives International) Cash Conversion Cycle : 87.68 (As of Dec. 2023)


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What is Natural Alternatives International Cash Conversion Cycle?

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

Natural Alternatives International's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.58.
Natural Alternatives International's Days Inventory for the three months ended in Dec. 2023 was 78.88.
Natural Alternatives International's Days Payable for the three months ended in Dec. 2023 was 27.78.
Therefore, Natural Alternatives International's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 87.68.


Natural Alternatives International Cash Conversion Cycle Historical Data

The historical data trend for Natural Alternatives International'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.

Natural Alternatives International Cash Conversion Cycle Chart

Natural Alternatives International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.13 110.53 73.42 78.56 80.28

Natural Alternatives International 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 84.22 99.65 93.41 78.18 87.68

Competitive Comparison of Natural Alternatives International's Cash Conversion Cycle

For the Packaged Foods subindustry, Natural Alternatives International'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.


Natural Alternatives International's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Alternatives International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Natural Alternatives International's Cash Conversion Cycle falls into.



Natural Alternatives International 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.

Natural Alternatives International's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=28.96+83.51-32.19
=80.28

Natural Alternatives International'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
=36.58+78.88-27.78
=87.68

* 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.


Natural Alternatives International  (NAS:NAII) 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.


Natural Alternatives International Cash Conversion Cycle Related Terms

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


Natural Alternatives International (Natural Alternatives International) Business Description

Traded in Other Exchanges
Address
1535 Faraday Avenue, Carlsbad, CA, USA, 92008
Natural Alternatives International Inc is engaged in formulating, manufacturing, and marketing nutritional supplements. It offers vitamins, minerals, herbs, and other supplements, as well as other healthcare products to customers within the United States and internationally. Its business activity is operated through Private-Label Contract Manufacturing and Patent & Trademark Licensing segment. The company derives the majority of revenue from Private-Label Contract Manufacturing which is engaged in providing manufacturing services to companies that market and distribute nutritional supplements and other healthcare products, whereas the Patent and Trademark Licensing segment includes royalty income from its license and supply agreements associated with the sale.
Executives
Mark A Ledoux director, 10 percent owner, officer: CEO/Chairman 1185 LINDA VISTA DR, SAN MARCOS CA 92069
Joe E Davis director 3436 CARIBETH DR, ENCINO CA 91436
Lee G Weldon director 1185 LINDA VISTA DRIVE, SAN MARCAS CA 92069
Alan G Dunn director 1185 LINDA VISTA DR., SUITE A, SAN MARCOS X1 92078
Michael E Fortin officer: Chief Financial Officer 1185 LINDA VISTA DRIVE, SAN MARCOS CA 92078
Kenneth Wolf officer: Chief Financial Officer 12626 HIGH BLUFF DRIVE, SUITE 440, SAN DIEGO CA 92130
Alan J Lane director 41090 AVENIDA VERDE, TEMECULA CA 92591
Guru Ramanathan director C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Laura Kay Matherly director 1535 FARADAY AVENUE, CARLSBAD CA 92008
Edward Borg 10 percent owner 600 SOUTH US HIGHWAY 1, APT. 609, JUPITER FL 33477
Alvin Mccurdy officer: V.P. of Operations 1185 LINDA VISTA DR., SUITE A, SAN MARCOS CA 92078
Carl J Terranova other: Member of 13(d) 10% group 159 CHRYSTIE ST, NEW YORK NY 10002
Thomas H Hansen 10 percent owner
John Dullea officer: President, RHL (Subsidiary) 12189 CAMINITO CORRIENTE, SAN DIEGO CA 92128
Randell Weaver officer: President

Natural Alternatives International (Natural Alternatives International) Headlines