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dorma+kaba Holding AG (CHIX:DOKAZ) Cash Conversion Cycle : 132.52 (As of Jun. 2023)


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What is dorma+kaba Holding AG Cash Conversion Cycle?

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

dorma+kaba Holding AG's Days Sales Outstanding for the six months ended in Jun. 2023 was 59.94.
dorma+kaba Holding AG's Days Inventory for the six months ended in Jun. 2023 was 109.82.
dorma+kaba Holding AG's Days Payable for the six months ended in Jun. 2023 was 37.24.
Therefore, dorma+kaba Holding AG's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2023 was 132.52.


dorma+kaba Holding AG Cash Conversion Cycle Historical Data

The historical data trend for dorma+kaba Holding AG'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.

dorma+kaba Holding AG Cash Conversion Cycle Chart

dorma+kaba Holding AG 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 141.30 134.24 129.41 132.65 129.68

dorma+kaba Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 126.03 130.90 137.05 132.52 -

Competitive Comparison of dorma+kaba Holding AG's Cash Conversion Cycle

For the Building Products & Equipment subindustry, dorma+kaba Holding AG'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.


dorma+kaba Holding AG's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, dorma+kaba Holding AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where dorma+kaba Holding AG's Cash Conversion Cycle falls into.



dorma+kaba Holding AG 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.

dorma+kaba Holding AG'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
=61.99+104.69-37
=129.68

dorma+kaba Holding AG's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59.94+109.82-37.24
=132.52

* 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.


dorma+kaba Holding AG  (CHIX:DOKAz) 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.


dorma+kaba Holding AG Cash Conversion Cycle Related Terms

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dorma+kaba Holding AG Business Description

Traded in Other Exchanges
Address
Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is a security group that provides smart and secure access solutions and systems in the security industry. The products include door closers, architectural hardware, space and rescue doors, automatic doors and operators, physical access systems, electronic access control, workforce management, installation services, master key systems, cylinder locks, digital and electronic locks, lodging systems, safe locks, interior glass products, and movable walls. The company has two operating segments: Access Solutions and Key & Wall Solutions and OEM. It generates the majority of its revenue from the Access Solutions segment.

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