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C.S.Lumber Co (TSE:7808) Cash Conversion Cycle : 57.10 (As of Feb. 2024)


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What is C.S.Lumber Co Cash Conversion Cycle?

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

C.S.Lumber Co's Days Sales Outstanding for the three months ended in Feb. 2024 was 64.04.
C.S.Lumber Co's Days Inventory for the three months ended in Feb. 2024 was 35.16.
C.S.Lumber Co's Days Payable for the three months ended in Feb. 2024 was 42.1.
Therefore, C.S.Lumber Co's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2024 was 57.10.


C.S.Lumber Co Cash Conversion Cycle Historical Data

The historical data trend for C.S.Lumber Co'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.

C.S.Lumber Co Cash Conversion Cycle Chart

C.S.Lumber Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 May20 May21 May22 May23
Cash Conversion Cycle
Get a 7-Day Free Trial 37.42 31.76 32.77 39.26 52.28

C.S.Lumber Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 60.71 57.99 52.12 49.23 57.10

Competitive Comparison of C.S.Lumber Co's Cash Conversion Cycle

For the Lumber & Wood Production subindustry, C.S.Lumber Co'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.


C.S.Lumber Co's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, C.S.Lumber Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where C.S.Lumber Co's Cash Conversion Cycle falls into.



C.S.Lumber Co 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.

C.S.Lumber Co's Cash Conversion Cycle for the fiscal year that ended in May. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=57.24+33.66-38.62
=52.28

C.S.Lumber Co's Cash Conversion Cycle for the quarter that ended in Feb. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=64.04+35.16-42.1
=57.10

* 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.


C.S.Lumber Co  (TSE:7808) 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.


C.S.Lumber Co Cash Conversion Cycle Related Terms

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C.S.Lumber Co (TSE:7808) Business Description

Traded in Other Exchanges
N/A
Address
1-16-3 Makuhari-Hongo, Hanamigawa-ku, Chiba, JPN, 262-0033
C.S.Lumber Co Inc is a Japan-based company, engages in the pre-cutting and sale of a wood business. It is engaged in the computer-aided design, pre-cut processing, and distribution of lumbers, design of two-by-four method, as well as the manufacture and distribution of panels. It is also engaged in the construction contracting of wooden detached houses and wooden general buildings as well as Real Estate Leasing business.

C.S.Lumber Co (TSE:7808) Headlines

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