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Williamson Tea Kenya (NAI:WTK) Cash Conversion Cycle : 45.76 (As of Sep. 2024)


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What is Williamson Tea Kenya Cash Conversion Cycle?

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

Williamson Tea Kenya's Days Sales Outstanding for the six months ended in Sep. 2024 was 45.76.
Williamson Tea Kenya's Days Inventory for the six months ended in Sep. 2024 was .
Williamson Tea Kenya's Days Payable for the six months ended in Sep. 2024 was .
Therefore, Williamson Tea Kenya's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 45.76.


Williamson Tea Kenya Cash Conversion Cycle Historical Data

The historical data trend for Williamson Tea Kenya'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.

Williamson Tea Kenya Cash Conversion Cycle Chart

Williamson Tea Kenya Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.40 85.18 91.71 85.27 105.31

Williamson Tea Kenya Semi-Annual Data
Mar11 Mar12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 41.74 37.07 37.12 47.75 45.76

Competitive Comparison of Williamson Tea Kenya's Cash Conversion Cycle

For the Farm Products subindustry, Williamson Tea Kenya'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.


Williamson Tea Kenya's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Williamson Tea Kenya's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Williamson Tea Kenya's Cash Conversion Cycle falls into.


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Williamson Tea Kenya 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.

Williamson Tea Kenya's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=19.43+93.41-7.53
=105.31

Williamson Tea Kenya's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=45.76+-
=45.76

* 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.


Williamson Tea Kenya  (NAI:WTK) 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.


Williamson Tea Kenya Cash Conversion Cycle Related Terms

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Williamson Tea Kenya Business Description

Traded in Other Exchanges
N/A
Address
Karen Office Park, Langata Road, P.O. Box 42281, 2nd Floor, The Acacia Block, Nairobi, KEN, 00100
Williamson Tea Kenya PLC is engaged in the farm products business sector. The business of the company operates in segments that include Cultivation, Manufacturing, and Sale of Tea, Investment in Property, and Sale and Servicing of Generators. Its Tea segment generates maximum revenue for the company. The product line consists of matcha tea, mini tea candles, elephant tea candles, loose tea, and tea bags. Its products are also exported and these exports generate maximum revenue for the company.

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