GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Perma-Fix Environmental Services Inc (NAS:PESI) » Definitions » Cash Conversion Cycle

Perma-Fix Environmental Services (Perma-Fix Environmental Services) Cash Conversion Cycle : 8.20 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Perma-Fix Environmental Services Cash Conversion Cycle?

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

Perma-Fix Environmental Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.33.
Perma-Fix Environmental Services's Days Inventory for the three months ended in Dec. 2023 was 5.41.
Perma-Fix Environmental Services's Days Payable for the three months ended in Dec. 2023 was 47.54.
Therefore, Perma-Fix Environmental Services's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 8.20.


Perma-Fix Environmental Services Cash Conversion Cycle Historical Data

The historical data trend for Perma-Fix Environmental Services'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.

Perma-Fix Environmental Services Cash Conversion Cycle Chart

Perma-Fix Environmental Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 -8.49 -19.61 -8.66 -5.80

Perma-Fix Environmental Services 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 -5.58 -8.01 -10.84 0.41 8.20

Competitive Comparison of Perma-Fix Environmental Services's Cash Conversion Cycle

For the Waste Management subindustry, Perma-Fix Environmental Services'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.


Perma-Fix Environmental Services's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Perma-Fix Environmental Services's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Perma-Fix Environmental Services's Cash Conversion Cycle falls into.



Perma-Fix Environmental Services 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.

Perma-Fix Environmental Services'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
=38.82+4.9-49.52
=-5.80

Perma-Fix Environmental Services'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
=50.33+5.41-47.54
=8.20

* 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.


Perma-Fix Environmental Services  (NAS:PESI) 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.


Perma-Fix Environmental Services Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Perma-Fix Environmental Services's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Perma-Fix Environmental Services (Perma-Fix Environmental Services) Business Description

Traded in Other Exchanges
Address
8302 Dunwoody Place, Suite 250, Atlanta, GA, USA, 30350
Perma-Fix Environmental Services Inc is a provider of both nuclear services and the management of nuclear and mixed waste. The company operates through three segments: Treatment segment offers nuclear, low-level radioactive, Mixed, hazardous and non-hazardous waste treatment, processing and disposal services. Service segment provides on-site waste management services to commercial and government customers, technical services and nuclear services The Medical segment is involved in the research and development of medical isotope production technology.
Executives
Andy Lombardo officer: EVP of Nuclear & Technical Svs 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Mark Duff officer: Executive Vice President/COO 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Larry Shelton director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Joe Reeder director 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653
Louis F Centofanti officer: Chairman of Board & CEO
Ben Naccarato officer: Chief Financial Officer 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Richard Grondin officer: EVP of Waste Treatment Ops 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Kerry C Duggan director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Thomas Bostick director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Joseph Timothy Grumski director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Zach Paul Wamp director 8302 DUNWOODY PLACE SUITE 250, ATLANTA GA 30350
Stanley Robert Cochran director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Heartland Advisors Inc 10 percent owner 790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
William J Nasgovitz 10 percent owner 790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
Gary Kugler director 8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350