GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » William Lyon Homes (NYSE:WLH) » Definitions » Cash Conversion Cycle

William Lyon Homes (William Lyon Homes) Cash Conversion Cycle : 566.88 (As of Sep. 2019)


View and export this data going back to 2013. Start your Free Trial

What is William Lyon Homes Cash Conversion Cycle?

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

William Lyon Homes's Days Sales Outstanding for the three months ended in Sep. 2019 was 2.8.
William Lyon Homes's Days Inventory for the three months ended in Sep. 2019 was 590.4.
William Lyon Homes's Days Payable for the three months ended in Sep. 2019 was 26.32.
Therefore, William Lyon Homes's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2019 was 566.88.


William Lyon Homes Cash Conversion Cycle Historical Data

The historical data trend for William Lyon Homes'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.

William Lyon Homes Cash Conversion Cycle Chart

William Lyon Homes Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 528.33 604.46 519.27 413.76 446.61

William Lyon Homes Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 528.00 433.31 599.63 581.99 566.88

Competitive Comparison of William Lyon Homes's Cash Conversion Cycle

For the Residential Construction subindustry, William Lyon Homes'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.


William Lyon Homes's Cash Conversion Cycle Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, William Lyon Homes's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where William Lyon Homes's Cash Conversion Cycle falls into.



William Lyon Homes 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.

William Lyon Homes's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=2.07+464.53-19.99
=446.61

William Lyon Homes's Cash Conversion Cycle for the quarter that ended in Sep. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.8+590.4-26.32
=566.88

* 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.


William Lyon Homes  (NYSE:WLH) 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.


William Lyon Homes Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of William Lyon Homes's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


William Lyon Homes (William Lyon Homes) Business Description

Traded in Other Exchanges
N/A
Address
4695 MacArthur Court, 8th Floor, Newport Beach, CA, USA, 92660
William Lyon Homes is engaged in the design, construction, marketing and sale of single-family detached and attached homes. Its reporting segments are California, Arizona, Nevada, Colorado, Washington, and Oregon. The company generates a majority of its revenue from California.
Executives
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
William H Lyon director, 10 percent owner, officer: Executive Chairman C/O TAYLOR MORRISON HOME CORP., 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Matthew R Zaist director, officer: President & CEO C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Gary H Hunt director C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Bay Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Thomas E Claugus 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Gmt Capital Corp 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Bay Ii Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Bay Resource Partners Offshore Master Fund, L.p. 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
William Lyon director, officer: Executive Chairman C/O WILLIAM LYON HOMES INC, 4490 VON KARMAN AVE, NEWPORT BEACH CA 92660
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104

William Lyon Homes (William Lyon Homes) Headlines

From GuruFocus

William Lyon Homes Bags Profits In Its Q4 Earnings

By reports.droy reports.droy 02-24-2015

My Bunny Portfolio Has Been Limping, Not Hopping

By John Dorfman John Dorfman 12-09-2019