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Gerry Weber International AG (HAM:GWI2) Cash Conversion Cycle : 143.10 (As of Dec. 2022)


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What is Gerry Weber International AG Cash Conversion Cycle?

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

Gerry Weber International AG's Days Sales Outstanding for the three months ended in Dec. 2022 was 25.63.
Gerry Weber International AG's Days Inventory for the three months ended in Dec. 2022 was 161.43.
Gerry Weber International AG's Days Payable for the three months ended in Dec. 2022 was 43.96.
Therefore, Gerry Weber International AG's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 143.10.


Gerry Weber International AG Cash Conversion Cycle Historical Data

The historical data trend for Gerry Weber International 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.

Gerry Weber International AG Cash Conversion Cycle Chart

Gerry Weber International AG Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.13 180.08 231.05 141.52 127.69

Gerry Weber International AG Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 157.91 192.51 157.20 170.65 143.10

Competitive Comparison of Gerry Weber International AG's Cash Conversion Cycle

For the Apparel Manufacturing subindustry, Gerry Weber International 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.


Gerry Weber International AG's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gerry Weber International AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gerry Weber International AG's Cash Conversion Cycle falls into.



Gerry Weber International 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.

Gerry Weber International AG's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=16.88+181.47-70.66
=127.69

Gerry Weber International AG's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=25.63+161.43-43.96
=143.10

* 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.


Gerry Weber International AG  (HAM:GWI2) 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.


Gerry Weber International AG Cash Conversion Cycle Related Terms

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Gerry Weber International AG (HAM:GWI2) Business Description

Traded in Other Exchanges
N/A
Address
Neulehenstrasse 8, Halle / Westphalia, NW, DEU, 33790
Gerry Weber International AG is an apparel manufacturing company. The company's core segments comprise Retail, Wholesale, and E-Commerce. Retail segment comprises the company's retail activities in the national and international houses of GERRY WEBER and mono-label stores, the concession stores, and the factory outlets. Its brands are GERRY WEBER, TAIFUN, and SAMOON. Wholesale segment comprises the wholesale activities of the group's brand. It offers knitwear, shirts, blouses, trousers, skirts, and outdoor jackets and accessories, and jewellery products. E-Commerce segment includes all online activities, essentially the e-shops and marketplaces.

Gerry Weber International AG (HAM:GWI2) Headlines

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