GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Water Products Inc (NYSE:MWA) » Definitions » Cash Conversion Cycle

MWA (Mueller Water Products) Cash Conversion Cycle : 151.41 (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Mueller Water Products Cash Conversion Cycle?

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

Mueller Water Products's Days Sales Outstanding for the three months ended in Dec. 2024 was 54.08.
Mueller Water Products's Days Inventory for the three months ended in Dec. 2024 was 144.65.
Mueller Water Products's Days Payable for the three months ended in Dec. 2024 was 47.32.
Therefore, Mueller Water Products's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 151.41.


Mueller Water Products Cash Conversion Cycle Historical Data

The historical data trend for Mueller Water Products'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.

Mueller Water Products Cash Conversion Cycle Chart

Mueller Water Products Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.17 111.74 117.32 137.84 146.04

Mueller Water Products Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 178.61 137.79 144.48 136.43 151.41

Competitive Comparison of Mueller Water Products's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Mueller Water Products'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.


Mueller Water Products's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

* The bar in red indicates where Mueller Water Products's Cash Conversion Cycle falls into.



Mueller Water Products 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.

Mueller Water Products's Cash Conversion Cycle for the fiscal year that ended in Sep. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=59.8+131.63-45.39
=146.04

Mueller Water Products's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=54.08+144.65-47.32
=151.41

* 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.


Mueller Water Products  (NYSE:MWA) 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.


Mueller Water Products Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Mueller Water Products's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Mueller Water Products Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
Executives
Lydia W Thomas director ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Shirley C. Franklin director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs officer: EVP, General Counsel and Sec 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow director 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Christine Ortiz director 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith officer: VP and CAO 1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Todd P Helms officer: SVP and CHRO 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
J Scott Hall director, officer: President and CEO 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Kenji Takeuchi officer: SVP, Engineering 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Paul Mcandrew officer: SVP, Operations & Supply Chain 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Mark J Obrien director 3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Michael T Tokarz director 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Chason A Carroll officer: VP, General Counsel & Corp Sec 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328