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Trupanion (Trupanion) Cash Conversion Cycle

: 80.70 (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.

Trupanion's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.17.
Trupanion's Days Inventory for the three months ended in Dec. 2023 was 0.
Trupanion's Days Payable for the three months ended in Dec. 2023 was 3.47.
Therefore, Trupanion's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 80.70.


Trupanion Cash Conversion Cycle Historical Data

The historical data trend for Trupanion'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.

Trupanion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.95 51.38 64.39 75.88 78.64

Trupanion 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 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 Premium Member Only Premium Member Only Premium Member Only 81.00 82.22 83.95 83.87 80.70

Competitive Comparison

For the Insurance - Specialty subindustry, Trupanion'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.


Trupanion Cash Conversion Cycle Distribution

For the Insurance industry and Financial Services sector, Trupanion's Cash Conversion Cycle distribution charts can be found below:

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



Trupanion 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.

Trupanion'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
=82.37+0-3.73
=78.64

Trupanion'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
=84.17+0-3.47
=80.70

* 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.


Trupanion  (NAS:TRUP) 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.


Trupanion Cash Conversion Cycle Related Terms

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Trupanion (Trupanion) Business Description

Traded in Other Exchanges
Address
6100 4th Avenue South, Suite 400, Seattle, WA, USA, 98108
Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than our subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.
Executives
Steve Weinrauch officer: EVP, North Am & Vet Strategy 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Melissa Joy Hewitt officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Fawwad Qureshi officer: Chief Financial Officer 6100 4TH AVENUE S, SEATTLE WA 98108
Michael Doak director 907 NW BALLARD WAY, SEATTLE WA 98107
Wei Li officer: Interim CFO 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Max Broden director 1932 WYNNTON RD, COLUMBUS GA 31999
Darryl Rawlings director, officer: Chief Executive Officer 6100 4TH AVENUE SOUTH, SUITE 200, SEATTLE WA 98108
Elizabeth Mclaughlin director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Emily Dreyer officer: SVP, Channel Growth 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Brenna Mcgibney officer: Chief Administration Officer 309-1277 LYNN VALLEY ROAD, SUITE 400, NORTH VANCOUVER A1 V7J 0A2
Travis Worra officer: General Manager 6100 4TH AVENUE, SUITE 400, SEATTLE WA 98108
Simon Wheeler officer: EVP, Trupanion International 4TH FLOOR CHARTER HOUSE, WOODLANDS ROAD, ALTRINCHAM X0 WA14 1HF
John R Gallagher officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Kalpesh Raval officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108