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Perella Weinberg Partners (Perella Weinberg Partners) Cash Conversion Cycle : -27.22 (As of Mar. 2024)


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What is Perella Weinberg Partners Cash Conversion Cycle?

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

Perella Weinberg Partners's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.2.
Perella Weinberg Partners's Days Inventory for the three months ended in Mar. 2024 was 0.
Perella Weinberg Partners's Days Payable for the three months ended in Mar. 2024 was 74.42.
Therefore, Perella Weinberg Partners's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -27.22.


Perella Weinberg Partners Cash Conversion Cycle Historical Data

The historical data trend for Perella Weinberg Partners'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.

Perella Weinberg Partners Cash Conversion Cycle Chart

Perella Weinberg Partners Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- 7.01 0.69 -5.25 -11.71

Perella Weinberg Partners Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -21.34 -6.30 -3.43 -1.67 -27.22

Competitive Comparison of Perella Weinberg Partners's Cash Conversion Cycle

For the Capital Markets subindustry, Perella Weinberg Partners'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.


Perella Weinberg Partners's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Perella Weinberg Partners's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Perella Weinberg Partners's Cash Conversion Cycle falls into.



Perella Weinberg Partners 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.

Perella Weinberg Partners's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=32.55+0-44.26
=-11.71

Perella Weinberg Partners's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=47.2+0-74.42
=-27.22

* 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.


Perella Weinberg Partners  (NAS:PWP) 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.


Perella Weinberg Partners Cash Conversion Cycle Related Terms

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Perella Weinberg Partners (Perella Weinberg Partners) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, New York, NY, USA, 10153
Perella Weinberg Partners is an independent investment banking firm. It provides strategic, financial, and tactical advice in connection with executing complex mergers, acquisitions, company sales, and corporate divestitures, including carve-outs, joint ventures, and spin-offs, and relating to takeover preparedness and defense.
Executives
Vladimir Shendelman officer: General Counsel 767 FIFTH AVENUE, NEW YORK NY 10153
Daniel G Cohen director 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Kristin W Mugford director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fintech Masala, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Pwp Professional Partners Lp director 767 FIFTH AVENUE, NEW YORK NY 10153
Andrew Bednar director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Dietrich Becker director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Alexandra Gottschalk officer: See Remarks 767 FIFTH AVENUE, NEW YORK NY 10153
Fintech Masala Advisors Iv, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Investor Holdings Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Cohen Sponsor Interests Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Fintech Masala Holdings, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019

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