PRPI (Perpetual Industries) Cash Conversion Cycle: -151.99 (As of Dec. 2022)


What is Perpetual Industries Cash Conversion Cycle?

Perpetual Industries PRPI +0.03% Cash Conversion Cycle is -151.99 as of Dec. 2022.

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

Perpetual Industries's Days Sales Outstanding for the six months ended in Dec. 2022 was 4.
Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 was 3.33.
Perpetual Industries's Days Payable for the six months ended in Dec. 2022 was 159.32.
Therefore, Perpetual Industries's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was -151.99.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries Cash Conversion Cycle Related Terms

Perpetual Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Perpetual Industries'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.

Perpetual Industries Cash Conversion Cycle Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Cash Conversion Cycle
3.97 2.32 9.61 -29.25 -151.99

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Cash Conversion Cycle 3.97 2.32 9.61 -29.25 -151.99

PRPI vs BRBL, JKSM, ATVK: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries Cash Conversion Cycle vs Industrial Products Industry

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

* The bar in red indicates where Perpetual Industries's Cash Conversion Cycle falls into.


Perpetual Industries 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.

Perpetual Industries'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+3.33-159.32
=-151.99

Perpetual Industries's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4+3.33-159.32
=-151.99

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -151.99 mean?
Perpetual Industries (PRPI) has a Cash Conversion Cycle of -151.99 as of Dec. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Cash Conversion Cycle too high?
Perpetual Industries' current Cash Conversion Cycle is -151.99.
How does Perpetual Industries' Cash Conversion Cycle compare to BRBL and JKSM?
Perpetual Industries' Cash Conversion Cycle of -151.99 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.23, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Perpetual Industries and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perpetual Industries's current Cash Conversion Cycle is -151.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Cash Conversion Cycle of -151.99. The current Cash Conversion Cycle is -151.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Perpetual Industries (PRPI), the current Cash Conversion Cycle is -151.99 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.