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Puig Brands (XMAD:PUIG) Cash Conversion Cycle : 189.61 (As of Dec. 2024)


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What is Puig Brands Cash Conversion Cycle?

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

Puig Brands's Days Sales Outstanding for the six months ended in Dec. 2024 was 42.91.
Puig Brands's Days Inventory for the six months ended in Dec. 2024 was 214.04.
Puig Brands's Days Payable for the six months ended in Dec. 2024 was 67.34.
Therefore, Puig Brands's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 189.61.

Puig Brands Cash Conversion Cycle Historical Data

The historical data trend for Puig Brands'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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Puig Brands Cash Conversion Cycle Chart

Puig Brands Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
147.32 150.54 198.61 202.23

Puig Brands Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial - 179.21 214.67 252.70 189.61

Competitive Comparison of Puig Brands's Cash Conversion Cycle

For the Household & Personal Products subindustry, Puig Brands'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.

Puig Brands's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Puig Brands's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Puig Brands's Cash Conversion Cycle falls into.


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Puig Brands 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.

Puig Brands's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=40.09+229.2-67.06
=202.23

Puig Brands's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=42.91+214.04-67.34
=189.61

* 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.

Puig Brands  (XMAD:PUIG) 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.

Puig Brands Cash Conversion Cycle Related Terms

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Puig Brands Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Puig Brands SA (XMAD:PUIG) » Definitions » Cash Conversion Cycle
Comparable Companies
XMAD:EBRO XMAD:OLE XMAD:NTH XMAD:BAIN XMAD:PVA PG XPAR:OR LSE:ULVR CL BOM:500696 KMB KVUE LSE:RKT XTER:HEN3 XTER:BEI CHD EL TSE:4452 OSTO:ESSITY B CLX
Traded in Other Exchanges
PUGBY:USA PUIGF:USA PUIGN:Mexico 1PUIG:Italy PUIGe:UK B1B:Germany
Address
Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902
Website
https://www.puig.com
Puig is a premium beauty product maker that focuses on fragrances (76% of 2024 sales), with more limited exposure to color cosmetics (16%) and skincare (11%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 55% of sales from Europe, 36% from the Americas, and 9% from Asia. The Puig family owns 74% of the economic interests in the company and 93% of the voting rights via a dual-class share structure.

Puig Brands Headlines

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