Hasbro (WBO:HAS) Cash Conversion Cycle

: 92.00 (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.

Hasbro's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.3.
Hasbro's Days Inventory for the three months ended in Dec. 2023 was 62.2.
Hasbro's Days Payable for the three months ended in Dec. 2023 was 46.5.
Therefore, Hasbro's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 92.00.

Hasbro Cash Conversion Cycle Historical Data

The historical data trend for Hasbro'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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Hasbro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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116.61

104.58

75.38

96.05

101.29

Hasbro 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															99.61	161.37	129.31	105.84	92.00

Competitive Comparison

For the Leisure subindustry, Hasbro'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.

Hasbro Cash Conversion Cycle Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Cash Conversion Cycle distribution charts can be found below:

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

Hasbro 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.

Hasbro'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
	=	80.07	+	87.96	-	66.74
	=	101.29

Hasbro'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
	=	76.3	+	62.2	-	46.5
	=	92.00

Hasbro (WBO:HAS) 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.

Hasbro Cash Conversion Cycle Related Terms

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Hasbro (WBO:HAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hasbro Inc (WBO:HAS) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

HAS:USA HAS:Mexico 1HAS:Italy HAS:Germany H1AS34:Brazil

Address

1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059

Website

https://www.hasbro.com

Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.