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Piscines Jean Desjoyaux (STU:DJX) Cash Conversion Cycle : 75.57 (As of Aug. 2023)


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What is Piscines Jean Desjoyaux Cash Conversion Cycle?

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

Piscines Jean Desjoyaux's Days Sales Outstanding for the six months ended in Aug. 2023 was 36.14.
Piscines Jean Desjoyaux's Days Inventory for the six months ended in Aug. 2023 was 105.24.
Piscines Jean Desjoyaux's Days Payable for the six months ended in Aug. 2023 was 65.81.
Therefore, Piscines Jean Desjoyaux's Cash Conversion Cycle (CCC) for the six months ended in Aug. 2023 was 75.57.


Piscines Jean Desjoyaux Cash Conversion Cycle Historical Data

The historical data trend for Piscines Jean Desjoyaux'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.

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Piscines Jean Desjoyaux Cash Conversion Cycle Chart

Piscines Jean Desjoyaux Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.34 69.54 53.34 72.71 87.74

Piscines Jean Desjoyaux Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 47.05 75.50 70.40 110.76 75.57

Competitive Comparison of Piscines Jean Desjoyaux's Cash Conversion Cycle

For the Leisure subindustry, Piscines Jean Desjoyaux'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.


Piscines Jean Desjoyaux's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Piscines Jean Desjoyaux's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Piscines Jean Desjoyaux's Cash Conversion Cycle falls into.



Piscines Jean Desjoyaux 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.

Piscines Jean Desjoyaux's Cash Conversion Cycle for the fiscal year that ended in Aug. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.56+113.66-61.48
=87.74

Piscines Jean Desjoyaux's Cash Conversion Cycle for the quarter that ended in Aug. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.14+105.24-65.81
=75.57

* 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.


Piscines Jean Desjoyaux  (STU:DJX) 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.


Piscines Jean Desjoyaux Cash Conversion Cycle Related Terms

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Piscines Jean Desjoyaux Business Description

Traded in Other Exchanges
Address
ZI du Bas Rolle, La Gouyonniere BP 280, La Fouillouse, FRA, 42480
Piscines Jean Desjoyaux is a France-based company engaged in the provision of home-use swimming pool solutions, spas, and above-ground pools, as well as in the construction of public swimming pools for hotels, local communities, and campsites. The company also offers pool equipment, such as coverings and shelters, solar showers, enclosures, heating pumps, electrical heaters and exchangers, and a wide range of accessories and products for the swimming pool maintenance.

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