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WW International (WW International) Cash Conversion Cycle : -8.21 (As of Dec. 2023)


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What is WW International Cash Conversion Cycle?

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

WW International's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.56.
WW International's Days Inventory for the three months ended in Dec. 2023 was 5.74.
WW International's Days Payable for the three months ended in Dec. 2023 was 21.51.
Therefore, WW International's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -8.21.


WW International Cash Conversion Cycle Historical Data

The historical data trend for WW 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.

WW International Cash Conversion Cycle Chart

WW International 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 6.55 13.05 18.86 13.66 -0.48

WW 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 15.76 6.94 -0.66 -3.40 -8.21

Competitive Comparison of WW International's Cash Conversion Cycle

For the Personal Services subindustry, WW 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.


WW International's Cash Conversion Cycle Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, WW International's Cash Conversion Cycle distribution charts can be found below:

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



WW 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.

WW International'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
=8.04+10.43-18.95
=-0.48

WW 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
=7.56+5.74-21.51
=-8.21

* 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.


WW International  (NAS:WW) 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.


WW International Cash Conversion Cycle Related Terms

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


WW International (WW International) Business Description

Traded in Other Exchanges
Address
675 Avenue of the Americas, 6th Floor, New York, NY, USA, 10010
WW International is one of the largest global providers of weight loss solutions, generating $1 billion in 2022 revenue. The firm has re-emphasized its core weight loss IP after an ill-advised foray into a digital ecosystem solution, offering its members access to in person and digital studio classes, diet tracking, recipes, nutrition planning, and a suite of adjacent resources. It boasts an active member base of 3-4 million, with a footprint that spans the United States, Canada, Europe, and a small presence in emerging markets (predominately in Latin America).
Executives
Michael F Colosi officer: General Counsel and Secretary C/O WEIGHT WATCHERS INTERNATIONAL, 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Nicole Haag officer: Corp Controller Prin Acct Off 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
William H Shrank director 500 WEST MAIN ST, LOUISVILLE KY 40202
Pierre-olivier Latour officer: Chief Technology Officer 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Tara Comonte director C/O SHAKE SHACK INC., 24 UNION SQUARE EAST,5TH FLOOR, NEW YORK NY 10003
Denis F Kelly director
S.a. Westend 10 percent owner VALLEY PARK, 44, RUE DE LA VALLEE, LUXEMBOURG N4 L-2661
Heather Stark officer: Interim Principal Fin. Officer 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Sima Sistani director, officer: Chief Executive Officer 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Christopher J Sobecki director C/O WW INTERNATIONAL, 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Raymond Debbane director C/O THE INVUS GROUP, LLC, 750 LEXINGTON AVENUE, NEW YORK NY 10022
Jonas Fajgenbaum director C/O WW INTERNATIONAL, INC., 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Amanda Tolleson officer: Chief Marketing Officer 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Oprah Winfrey director, 10 percent owner NEAL GERBER & EISENBERG, TWO NORTH LASALLE STREET, CHICAGO IL 60602
Amy Kossover officer: SVP Corp Fin, Controller, PAO C/O WW INTERNATIONAL, INC., 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010