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Bonduelle (FRA:BDU) Cash Conversion Cycle : 98.59 (As of Jun. 2024)


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What is Bonduelle Cash Conversion Cycle?

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

Bonduelle's Days Sales Outstanding for the six months ended in Jun. 2024 was 46.28.
Bonduelle's Days Inventory for the six months ended in Jun. 2024 was 168.09.
Bonduelle's Days Payable for the six months ended in Jun. 2024 was 115.78.
Therefore, Bonduelle's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was 98.59.


Bonduelle Cash Conversion Cycle Historical Data

The historical data trend for Bonduelle'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.

Bonduelle Cash Conversion Cycle Chart

Bonduelle 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 66.74 90.27 80.27 68.94 87.52

Bonduelle 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 90.13 73.91 81.65 86.57 98.59

Competitive Comparison of Bonduelle's Cash Conversion Cycle

For the Packaged Foods subindustry, Bonduelle'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.


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

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

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



Bonduelle 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.

Bonduelle'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
=33.16+149.1-94.74
=87.52

Bonduelle'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
=46.28+168.09-115.78
=98.59

* 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.


Bonduelle  (FRA:BDU) 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.


Bonduelle Cash Conversion Cycle Related Terms

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


Bonduelle Business Description

Traded in Other Exchanges
Address
Rue Nicolas Appert - BP 30173, Villeneuve d’Ascq, FRA, 59653
Bonduelle SA is engaged in the packaged foods industry. Its business mainly involves the processing and sale of packaged vegetables including ready-to-eat salads. The company sells its products in three forms, which are canned, frozen, and fresh processed vegetables, and markets them under the Bonduelle, Cassegrain, Globus, and Ready Pac Bistro brands. Its operating business segments are the Europe Zone and Non-Europe Zone. It generates maximum revenue from the Europe Zone segment.

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