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BirdDog Technology (ASX:BDT) Cash Conversion Cycle : 239.49 (As of Dec. 2024)


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What is BirdDog Technology Cash Conversion Cycle?

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

BirdDog Technology's Days Sales Outstanding for the six months ended in Dec. 2024 was 49.47.
BirdDog Technology's Days Inventory for the six months ended in Dec. 2024 was 246.47.
BirdDog Technology's Days Payable for the six months ended in Dec. 2024 was 56.45.
Therefore, BirdDog Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 239.49.


BirdDog Technology Cash Conversion Cycle Historical Data

The historical data trend for BirdDog Technology'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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BirdDog Technology Cash Conversion Cycle Chart

BirdDog Technology Annual Data
Trend Jun22 Jun23 Jun24
Cash Conversion Cycle
268.54 319.19 299.21

BirdDog Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial 341.43 344.21 313.81 285.29 239.49

Competitive Comparison of BirdDog Technology's Cash Conversion Cycle

For the Consumer Electronics subindustry, BirdDog Technology'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.


BirdDog Technology's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BirdDog Technology's Cash Conversion Cycle distribution charts can be found below:

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


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BirdDog Technology 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.

BirdDog Technology's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=39.71+285.18-25.68
=299.21

BirdDog Technology's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.47+246.47-56.45
=239.49

* 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.


BirdDog Technology  (ASX:BDT) 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.


BirdDog Technology Cash Conversion Cycle Related Terms

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BirdDog Technology Business Description

Traded in Other Exchanges
N/A
Address
1-9 Sackville Street, Level 4, Collingwood, VIC, AUS, 3066
BirdDog Technology Ltd is a developer and manufacturer of audio-visual and video technology, which enhances the quality, speed, and flexibility of video through a range of solutions. Geographically the majority of its product sale is derived from the North America region. The company derives revenue from sale of core products, Software licensing fees, and from contracts and customers. The business segment of the company is developing and manufacturing hardware and software solutions.

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