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Dewhurst Group (LSE:DWHT) Cash Conversion Cycle : 72.80 (As of Sep. 2023)


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What is Dewhurst Group Cash Conversion Cycle?

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

Dewhurst Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 72.8.
Dewhurst Group's Days Inventory for the six months ended in Sep. 2023 was .
Dewhurst Group's Days Payable for the six months ended in Sep. 2023 was .
Therefore, Dewhurst Group's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 72.80.


Dewhurst Group Cash Conversion Cycle Historical Data

The historical data trend for Dewhurst 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.

Dewhurst Group Cash Conversion Cycle Chart

Dewhurst Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.26 119.64 118.66 137.71 153.07

Dewhurst Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 71.38 73.32 71.63 73.03 72.80

Competitive Comparison of Dewhurst Group's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Dewhurst 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.


Dewhurst Group's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

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



Dewhurst 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.

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

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=67.28+114.74-28.95
=153.07

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

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.8+-
=72.80

* 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.


Dewhurst Group  (LSE:DWHT) 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.


Dewhurst Group Cash Conversion Cycle Related Terms

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Dewhurst Group (LSE:DWHT) Business Description

Traded in Other Exchanges
Address
Hampton Road West, Unit 9, Hampton Business Park, Feltham, GBR, TW13 6DB
Dewhurst Group PLC is a UK-based supplier of technological solutions to the lift, transport, and keypad market sectors. It is engaged in the manufacture of electrical components and control equipment for industrial and commercial capital goods. Geographically, it derives a majority of its revenue from Asia and Australia and also has a presence in the United Kingdom, Europe, The Americas, Asia & Australia, and Other Countries.

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