WELX (Winland Holdings) Cash Conversion Cycle: 43.67 (As of Jun. 2017)


What is Winland Holdings Cash Conversion Cycle?

Winland Holdings WELX Cash Conversion Cycle is 43.67 as of Jun. 2017.

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

Winland Holdings's Days Sales Outstanding for the three months ended in Jun. 2017 was 45.72.
Winland Holdings's Days Inventory for the three months ended in Jun. 2017 was 50.12.
Winland Holdings's Days Payable for the three months ended in Jun. 2017 was 52.17.
Therefore, Winland Holdings's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was 43.67.


Winland Holdings  (OTCPK:WELX) 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.


Winland Holdings Cash Conversion Cycle Related Terms


Winland Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Winland Holdings'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.

Winland Holdings Cash Conversion Cycle Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.11 82.69 56.00 44.07 34.88

Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 47.00 41.38 33.24 36.82 43.67

WELX vs TRCK, IMLE, EMRN: Cash Conversion Cycle Comparison

For the Scientific & Technical Instruments subindustry, Winland Holdings'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.


Winland Holdings Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Winland Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Winland Holdings's Cash Conversion Cycle falls into.



Winland Holdings 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.

Winland Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2016 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=47.39+48.43-60.94
=34.88

Winland Holdings's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=45.72+50.12-52.17
=43.67

* 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 43.67 mean?
Winland Holdings (WELX) has a Cash Conversion Cycle of 43.67 as of Jun. 2017. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Winland Holdings and its competitors.
Is Winland Holdings' Cash Conversion Cycle too high?
Winland Holdings' current Cash Conversion Cycle is 43.67. The Hardware industry median Cash Conversion Cycle is 98.95. Winland Holdings' value of 43.67 is 55.9% below this industry median.
How does Winland Holdings' Cash Conversion Cycle compare to TRCK and IMLE?
Winland Holdings' Cash Conversion Cycle of 43.67 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Winland Holdings' value of 43.67 is 55.9% below this benchmark. 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 a Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,477 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. Winland Holdings's current Cash Conversion Cycle of 43.67 is 55.9% below the industry median. 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 Winland Holdings and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winland Holdings's current Cash Conversion Cycle is 43.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current Cash Conversion Cycle of 43.67. The current Cash Conversion Cycle is 43.67 and 55.9% below the Hardware industry median of 98.95. 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 Winland Holdings (WELX), the current Cash Conversion Cycle is 43.67 as of Jun. 2017. 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.

Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.