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Yowie Group (ASX:YOW) Cash Conversion Cycle : 85.89 (As of Jun. 2024)


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What is Yowie Group Cash Conversion Cycle?

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

Yowie Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 49.23.
Yowie Group's Days Inventory for the six months ended in Jun. 2024 was 154.07.
Yowie Group's Days Payable for the six months ended in Jun. 2024 was 117.41.
Therefore, Yowie Group's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was 85.89.


Yowie Group Cash Conversion Cycle Historical Data

The historical data trend for Yowie Group'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.

Yowie Group Cash Conversion Cycle Chart

Yowie Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.36 132.81 64.16 128.18 110.33

Yowie Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 19.16 45.48 71.46 141.78 85.89

Competitive Comparison of Yowie Group's Cash Conversion Cycle

For the Confectioners subindustry, Yowie Group'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.


Yowie Group's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yowie Group's Cash Conversion Cycle distribution charts can be found below:

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


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Yowie Group 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.

Yowie Group'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
=42.06+155.17-86.9
=110.33

Yowie Group's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.23+154.07-117.41
=85.89

* 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.


Yowie Group  (ASX:YOW) 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.


Yowie Group Cash Conversion Cycle Related Terms

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Yowie Group Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Yowie Group Ltd is a chocolate manufacturer. It specializes in fully enclosed surprise-inside chocolate treats, offering products like surprise-inside egg chocolate, Yowie multi-pack, and its AFL and NRL series. In addition to the Yowie chocolate line, the company has expanded into brand licensing with names such as the NBA (National Basketball Association), Bluey, NRL, and AFL. The company has only one reportable segment, which relates to the operations of its confectionery business, with production carried out under a contract manufacturing arrangement. Geographically, it derives a majority of its revenue from the sales of its products in the United States followed by Australia.

Yowie Group Headlines

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