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Panalpina Welttransport (Holding) AG (XSWX:PWTN) Cash Conversion Cycle : 35.13 (As of Jun. 2019)


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What is Panalpina Welttransport (Holding) AG Cash Conversion Cycle?

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

Panalpina Welttransport (Holding) AG's Days Sales Outstanding for the three months ended in Jun. 2019 was 62.35.
Panalpina Welttransport (Holding) AG's Days Inventory for the three months ended in Jun. 2019 was 0.
Panalpina Welttransport (Holding) AG's Days Payable for the three months ended in Jun. 2019 was 27.22.
Therefore, Panalpina Welttransport (Holding) AG's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2019 was 35.13.


Panalpina Welttransport (Holding) AG Cash Conversion Cycle Historical Data

The historical data trend for Panalpina Welttransport (Holding) AG'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.

Panalpina Welttransport (Holding) AG Cash Conversion Cycle Chart

Panalpina Welttransport (Holding) AG 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 23.66 25.90 27.97 28.83 31.99

Panalpina Welttransport (Holding) AG Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 30.68 31.78 32.78 35.23 35.13

Competitive Comparison of Panalpina Welttransport (Holding) AG's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, Panalpina Welttransport (Holding) AG'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.


Panalpina Welttransport (Holding) AG's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Panalpina Welttransport (Holding) AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Panalpina Welttransport (Holding) AG's Cash Conversion Cycle falls into.



Panalpina Welttransport (Holding) AG 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.

Panalpina Welttransport (Holding) AG'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
=62.49+0-30.5
=31.99

Panalpina Welttransport (Holding) AG's Cash Conversion Cycle for the quarter that ended in Jun. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=62.35+0-27.22
=35.13

* 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.


Panalpina Welttransport (Holding) AG  (XSWX:PWTN) 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.


Panalpina Welttransport (Holding) AG Cash Conversion Cycle Related Terms

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Panalpina Welttransport (Holding) AG (XSWX:PWTN) Business Description

Traded in Other Exchanges
N/A
Address
Viaduktstrasse 42, P.O. Box, Basel, CHE, 4002
Panalpina Welttransport (Holding) AG is a supply-chain and logistics company. The company organises itself into three segments: air freight, ocean freight, and logistics. Air freight contributes the most significant portion of revenue, followed by ocean freight, which contributes a similar portion of revenue. Logistics includes distribution solutions and other value-added services. The company earns revenue globally, deriving the most significant portion from Europe, followed by the Americas and Asia Pacific.

Panalpina Welttransport (Holding) AG (XSWX:PWTN) Headlines

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