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Maisons du Monde France (Maisons du Monde France) Cash Conversion Cycle : 16.45 (As of Jun. 2023)


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What is Maisons du Monde France Cash Conversion Cycle?

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

Maisons du Monde France's Days Sales Outstanding for the six months ended in Jun. 2023 was 14.64.
Maisons du Monde France's Days Inventory for the six months ended in Jun. 2023 was 214.6.
Maisons du Monde France's Days Payable for the six months ended in Jun. 2023 was 212.79.
Therefore, Maisons du Monde France's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2023 was 16.45.


Maisons du Monde France Cash Conversion Cycle Historical Data

The historical data trend for Maisons du Monde France'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.

Maisons du Monde France Cash Conversion Cycle Chart

Maisons du Monde France Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.18 93.23 72.92 82.27 5.97

Maisons du Monde France Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 62.26 33.27 29.85 16.45 27.96

Competitive Comparison of Maisons du Monde France's Cash Conversion Cycle

For the Home Improvement Retail subindustry, Maisons du Monde France'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.


Maisons du Monde France's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maisons du Monde France's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Maisons du Monde France's Cash Conversion Cycle falls into.



Maisons du Monde France 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.

Maisons du Monde France'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
=4.55+188.53-110.81
=82.27

Maisons du Monde France's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=14.64+214.6-212.79
=16.45

* 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.


Maisons du Monde France  (OTCPK:MDOUF) 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.


Maisons du Monde France Cash Conversion Cycle Related Terms

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Maisons du Monde France (Maisons du Monde France) Business Description

Traded in Other Exchanges
Address
Le Portereau, BP 52402, Vertou, FRA, 44120
Maisons du Monde France SA is a multichannel retailer of stylish affordable homeware. Its product range consists of homeware products, decoration items, and furniture. The product categories include small decorative items such as household textiles, tableware and kitchenware, mirrors and picture frames, as well as large decorative items and furniture such as large mirrors and lamps, tables, chairs, armchairs and sofas, cupboards, bookshelves and outdoor furniture. It sells its products through its network of stores and its online platform to the customers based in European markets.

Maisons du Monde France (Maisons du Monde France) Headlines

From GuruFocus

Roger Edgley Comments on Maisons du Monde S.A.

By Holly LaFon Holly LaFon 12-07-2017