Hillman Solutions (Hillman Solutions) Cash Conversion Cycle : 148.82 (As of Dec. 2023)

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What is Hillman Solutions Cash Conversion Cycle?

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

Hillman Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.59.
Hillman Solutions's Days Inventory for the three months ended in Dec. 2023 was 192.
Hillman Solutions's Days Payable for the three months ended in Dec. 2023 was 73.77.
Therefore, Hillman Solutions's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 148.82.

Hillman Solutions Cash Conversion Cycle Historical Data

The historical data trend for Hillman Solutions'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.

Hillman Solutions Cash Conversion Cycle Chart

Hillman Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

121.15

143.39

175.82

155.63

Hillman Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial											198.41	175.56	148.39	130.34	148.82

Competitive Comparison of Hillman Solutions's Cash Conversion Cycle

For the Tools & Accessories subindustry, Hillman Solutions'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.

Hillman Solutions's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillman Solutions's Cash Conversion Cycle distribution charts can be found below:

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

Hillman Solutions 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.

Hillman Solutions's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	23.54	+	191.98	-	59.89
	=	155.63

Hillman Solutions's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	30.59	+	192	-	73.77
	=	148.82

Hillman Solutions (NAS:HLMN) 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.

Hillman Solutions Cash Conversion Cycle Related Terms

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Hillman Solutions (Hillman Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillman Solutions Corp (NAS:HLMN) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

1280 Kemper Meadow Drive, Forest Park, OH, USA, 45240

Website

https://www.hillmangroup.com

Hillman Solutions Corp is a provider of hardware-related products and related merchandising services to retail markets in North America. The company sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. Its product lines include thousands of small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The segments of the group are Hardware and Protective Solutions, which is the key revenue-generating segment; Robotics and Digital Solutions; and Canada. It has a business presence in the US, Canada and Mexico.

Executives

Diane Honda	director	C/O BARRACUDA NETWORKS, INC., 3175 S. WINCHESTER BLVD., CAMPBELL CA 95008
Ccmp Capital, Lp	10 percent owner	245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Aaron Jerrod Parker	officer: VP - Human Resources	1280 KEMPER MEADOW DR., FOREST PARK OH 45240
Robert O. Kraft	officer: CFO and Treasurer	ONE CVS DRIVE, WOONSOCKET RI 02895
Douglas Cahill	director, officer: COB, President and CEO	1040 CHANCERY LANE, NASHVILLED TN 37215
Scott Kelley Moore	officer: Chief Technology Officer	10590 HAMILTON AVE., CINCINNATI OH 45231
Leary Dan O	director	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Ccmp Co-invest Iii A Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Investors Iii (employee), L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Investors Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Associates Iii Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Ccmp Capital Associates Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Co-invest Iii A, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Jarrod Streng	officer: See Remarks	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012