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Wynnstay Group (FRA:80Y) Cash Conversion Cycle : 41.94 (As of Oct. 2023)


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What is Wynnstay Group Cash Conversion Cycle?

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

Wynnstay Group's Days Sales Outstanding for the six months ended in Oct. 2023 was 51.74.
Wynnstay Group's Days Inventory for the six months ended in Oct. 2023 was 36.04.
Wynnstay Group's Days Payable for the six months ended in Oct. 2023 was 45.84.
Therefore, Wynnstay Group's Cash Conversion Cycle (CCC) for the six months ended in Oct. 2023 was 41.94.


Wynnstay Group Cash Conversion Cycle Historical Data

The historical data trend for Wynnstay 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.

Wynnstay Group Cash Conversion Cycle Chart

Wynnstay Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.22 35.95 31.45 32.93 35.02

Wynnstay Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 36.33 31.06 35.28 37.70 41.94

Competitive Comparison of Wynnstay Group's Cash Conversion Cycle

For the Agricultural Inputs subindustry, Wynnstay 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.


Wynnstay Group's Cash Conversion Cycle Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Wynnstay Group's Cash Conversion Cycle distribution charts can be found below:

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



Wynnstay 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.

Wynnstay Group's Cash Conversion Cycle for the fiscal year that ended in Oct. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=42.87+35.12-42.97
=35.02

Wynnstay Group's Cash Conversion Cycle for the quarter that ended in Oct. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=51.74+36.04-45.84
=41.94

* 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.


Wynnstay Group  (FRA:80Y) 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.


Wynnstay Group Cash Conversion Cycle Related Terms

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Wynnstay Group (FRA:80Y) Business Description

Traded in Other Exchanges
Address
Eagle House, Llansantffraid Ym Mechain, Powys, GBR, SY22 6AQ
Wynnstay Group PLC is a company that operates in the agriculture sector. It provides to farmers and rural communities, with a wide range of agricultural supplies and know-how. The company operates in two business segments, the Agriculture Division manufactures and supplies a comprehensive range of agricultural inputs to livestock and arable farmers in the UK. The Division enhances its offering by providing advice through its specialist advisory teams and Specialist Agricultural Merchanting, which supplies a range of specialist products to farmers, smallholders, pet owners; and Others. It generates maximum revenue from the Agriculture segment.

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