Vince Holding (Vince Holding) Cash Conversion Cycle : 109.42 (As of Oct. 2023)

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What is Vince Holding Cash Conversion Cycle?

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

Vince Holding's Days Sales Outstanding for the three months ended in Oct. 2023 was 26.7.
Vince Holding's Days Inventory for the three months ended in Oct. 2023 was 150.46.
Vince Holding's Days Payable for the three months ended in Oct. 2023 was 67.74.
Therefore, Vince Holding's Cash Conversion Cycle (CCC) for the three months ended in Oct. 2023 was 109.42.

Vince Holding Cash Conversion Cycle Historical Data

The historical data trend for Vince Holding'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.

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Vince Holding Cash Conversion Cycle Chart

Vince Holding Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash Conversion Cycle

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84.48

89.02

131.57

96.99

86.12

Vince Holding Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash Conversion Cycle	Get a 7-Day Free Trial															91.29	98.92	125.99	123.47	109.42

Competitive Comparison of Vince Holding's Cash Conversion Cycle

For the Apparel Manufacturing subindustry, Vince Holding'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.

Vince Holding's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Cash Conversion Cycle distribution charts can be found below:

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

Vince Holding 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.

Vince Holding's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	25.88	+	140.17	-	79.93
	=	86.12

Vince Holding's Cash Conversion Cycle for the quarter that ended in Oct. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	26.7	+	150.46	-	67.74
	=	109.42

Vince Holding (NYSE:VNCE) 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.

Vince Holding Cash Conversion Cycle Related Terms

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Vince Holding (Vince Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vince Holding Corp (NYSE:VNCE) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

VNC1:Germany

Address

500 5th Avenue, 20th Floor, New York, NY, USA, 10110

Website

https://www.vince.com

Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.

Executives

Michael J Mardy	director
Michael Hand	officer: Interim CFO	650 FROM RD, SUITE 375, PARAMUS NJ 07652
Jonathan Schwefel	director, officer: Chief Executive Officer	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 101100
David Stefko	officer: See Remarks	500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Marie Fogel	officer: See Remarks	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Lee Meiner	officer: See Remarks	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Akiko Okuma	officer: General Counsel & Secretary	500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Amy Kate Trooskin	officer: Chief Financial Officer	500 FIFTH AVE., 20TH FLOOR, NEW YORK NY 10110
Kelli Turner	director	C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Brendan Hoffman	officer: Chief Executive Officer	100 PIER 1 PLACE, FORT WORTH TX 76102
Robin S Kramer	director	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Matthew N Garff	director	11111 SANTA MONICA BLVD, SUITE 1050, LOS ANGELES CA 90025
Jeff M Feinberg	director	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Sun Capital Partners V Lp	10 percent owner	5200 TOWN CENTER CIRCLE, STE 600, BOCA RATON FL 33486
Marc J Leder	director, 10 percent owner	5200 TOWN CENTER CIRCLE, SUITE 600, BOCA RATON FL 33486