GURUFOCUS.COM » STOCK LIST » Technology » Software » Trustpilot Group PLC (CHIX:TRSTl) » Definitions » Cash Conversion Cycle

Trustpilot Group (CHIX:TRSTL) Cash Conversion Cycle : -17.09 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Trustpilot Group Cash Conversion Cycle?

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

Trustpilot Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 17.22.
Trustpilot Group's Days Inventory for the six months ended in Dec. 2024 was 0.
Trustpilot Group's Days Payable for the six months ended in Dec. 2024 was 34.31.
Therefore, Trustpilot Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -17.09.


Trustpilot Group Cash Conversion Cycle Historical Data

The historical data trend for Trustpilot 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.

Trustpilot Group Cash Conversion Cycle Chart

Trustpilot Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial -9.05 -7.20 -13.05 -24.35 -18.84

Trustpilot Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.69 -16.32 -23.86 -24.99 -17.09

Competitive Comparison of Trustpilot Group's Cash Conversion Cycle

For the Software - Application subindustry, Trustpilot 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.


Trustpilot Group's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Trustpilot Group's Cash Conversion Cycle distribution charts can be found below:

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


;
;

Trustpilot 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.

Trustpilot Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=18.93+0-37.77
=-18.84

Trustpilot Group'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
=17.22+0-34.31
=-17.09

* 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.


Trustpilot Group  (CHIX:TRSTl) 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.


Trustpilot Group Cash Conversion Cycle Related Terms

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


Trustpilot Group Business Description

Traded in Other Exchanges
Address
21 Mincing Lane, 5th Floor, The Minster Building, London, GBR, EC3R 7AG
Trustpilot Group PLC and its subsidiaries consist of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their services. Trustpilot is open, independent, and impartial and helps consumers make the right choices and businesses to build trust, grow and improve. The group consists of more than 300 million reviews and approximately 64 million monthly active users across the globe, with around 140 billion annual Trustbox impressions.

Trustpilot Group Headlines

No Headlines