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Constellation Energy (Constellation Energy) Cash Conversion Cycle : 51.86 (As of Dec. 2023)


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What is Constellation Energy Cash Conversion Cycle?

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

Constellation Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.35.
Constellation Energy's Days Inventory for the three months ended in Dec. 2023 was 24.51.
Constellation Energy's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Constellation Energy's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 51.86.


Constellation Energy Cash Conversion Cycle Historical Data

The historical data trend for Constellation Energy'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.

Constellation Energy Cash Conversion Cycle Chart

Constellation Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 45.73 37.61 21.98 17.10 10.79

Constellation Energy Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.57 18.75 28.02 24.05 51.86

Competitive Comparison of Constellation Energy's Cash Conversion Cycle

For the Utilities - Renewable subindustry, Constellation Energy'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.


Constellation Energy's Cash Conversion Cycle Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Constellation Energy's Cash Conversion Cycle falls into.



Constellation Energy 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.

Constellation Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=33.1+25.29-47.6
=10.79

Constellation Energy's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=27.35+24.51-0
=51.86

* 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.


Constellation Energy  (NAS:CEG) 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.


Constellation Energy Cash Conversion Cycle Related Terms

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


Constellation Energy (Constellation Energy) Business Description

Traded in Other Exchanges
Address
1310 Point Street, Baltimore, MD, USA, 21231
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
Executives
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Laurie Brlas director C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Julie Holzrichter director 20 S. WACKER DRIVE, CHICAGO IL 60606
John M Richardson director 10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Dhiaa M. Jamil director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert J Lawless director C/O CARPENTER TECHNOLOGY CORP, 1047 NORTH PARK ROAD, WYOMISSING PA 19610
De Balmann Yves C director 360 MADISON AVE 20TH FL, C/O BREGAL INVESTMENTS, NEW YORK NY 10017
Khandpur K Ashish director 3M COMPANY LEGAL AFFAIRS, 3M CENTER, ST PAUL MN 55144-1000
Nneka Louise Rimmer director 18 LOVETON CIRCLE, SPARKS MD 21152
Michael Koehler officer: EVP & Chief Admin Officer 1310 POINT STREET, BALTIMORE MD 21231
Matthew N Bauer officer: SVP & Controller 1310 POINT STREET, BALTIMORE MD 21231
Kathleen Barron officer: EVP & Chief Strategy Officer 1310 POINT STREET, BALTIMORE MD 21231
David O. Dardis officer: EVP & General Counsel 1310 POINT STREET, BALTIMORE MD 21231
Daniel L. Eggers officer: EVP & CFO 1310 POINT STREET, BALTIMORE MD 21231