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Lanvin Group Holdings (Lanvin Group Holdings) Cash Conversion Cycle : 113.17 (As of Dec. 2023)


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What is Lanvin Group Holdings Cash Conversion Cycle?

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

Lanvin Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.43.
Lanvin Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 234.4.
Lanvin Group Holdings's Days Payable for the six months ended in Dec. 2023 was 162.66.
Therefore, Lanvin Group Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 113.17.


Lanvin Group Holdings Cash Conversion Cycle Historical Data

The historical data trend for Lanvin Group Holdings'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.

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Lanvin Group Holdings Cash Conversion Cycle Chart

Lanvin Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
134.92 122.71 111.17 106.07

Lanvin Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial 113.36 124.15 116.94 118.30 113.17

Competitive Comparison of Lanvin Group Holdings's Cash Conversion Cycle

For the Luxury Goods subindustry, Lanvin Group Holdings'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.


Lanvin Group Holdings's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lanvin Group Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Lanvin Group Holdings 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.

Lanvin Group Holdings'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
=39.88+221.99-155.8
=106.07

Lanvin Group Holdings'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
=41.43+234.4-162.66
=113.17

* 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.


Lanvin Group Holdings  (NYSE:LANV) 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.


Lanvin Group Holdings Cash Conversion Cycle Related Terms

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Lanvin Group Holdings (Lanvin Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
600 Zhongshan Road East No.2, 3701-02, Tower S2, Bund Finance Center, Shanghai, CHN, 200010
Lanvin Group Holdings Ltd engages in offering products ranging from apparel to leather goods, footwear, and accessories. The firm is operating mainly 5 portfolio brands, namely Lanvin, Wolford, Sergio Rossi, St. John, and Caruso. It derives the majority of its revenue from the Lanvin segment.