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a.k.a. Brands Holding (a.k.a. Brands Holding) Cash Conversion Cycle : 120.09 (As of Mar. 2024)


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What is a.k.a. Brands Holding Cash Conversion Cycle?

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

a.k.a. Brands Holding's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.47.
a.k.a. Brands Holding's Days Inventory for the three months ended in Mar. 2024 was 162.75.
a.k.a. Brands Holding's Days Payable for the three months ended in Mar. 2024 was 46.13.
Therefore, a.k.a. Brands Holding's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 120.09.


a.k.a. Brands Holding Cash Conversion Cycle Historical Data

The historical data trend for a.k.a. Brands 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.

* Premium members only.

a.k.a. Brands Holding Cash Conversion Cycle Chart

a.k.a. Brands Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
121.65 90.60 86.67 132.29 127.60

a.k.a. Brands Holding Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 179.40 143.45 116.91 87.62 120.09

Competitive Comparison of a.k.a. Brands Holding's Cash Conversion Cycle

For the Internet Retail subindustry, a.k.a. Brands 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.


a.k.a. Brands Holding's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, a.k.a. Brands Holding's Cash Conversion Cycle distribution charts can be found below:

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



a.k.a. Brands 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.

a.k.a. Brands Holding'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
=2.68+161.41-36.49
=127.60

a.k.a. Brands Holding's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.47+162.75-46.13
=120.09

* 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.


a.k.a. Brands Holding  (NYSE:AKA) 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.


a.k.a. Brands Holding Cash Conversion Cycle Related Terms

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a.k.a. Brands Holding (a.k.a. Brands Holding) Business Description

Traded in Other Exchanges
N/A
Address
100 Montgomery Street, Suite 1600, San Francisco, CA, USA, 94104
a.k.a. Brands Holding Corp is an online fashion retailer focused on acquiring and accelerating the growth of next-generation, digitally native fashion brands targeting Gen Z and Millennial customers.
Executives
Ciaran Joseph Long officer: Chief Financial Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Myles B Mccormick director C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Sourav Ghosh director 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Jill Elizabeth Ramsey director, officer: Chief Executive Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Ilene Eskenazi director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Simon Andrew Beard director, 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Beard Trading Pty Ltd. 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Jonathan Edward Harvey officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP, 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
John Robert Gonneville officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Bryett Enterprises Pty Ltd. 10 percent owner 5 SHORT ST., BURLEIGH HEADS C3 4220
Michael Frank Trembley officer: See remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Tah Nee Aleman Family Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tah-nee Beard 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tf Apparel Discretionary Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Summit Partners Growth Equity Fund Ix-a Aiv, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116