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JELD-WEN Holding (JELD-WEN Holding) Cash Conversion Cycle : 71.42 (As of Dec. 2023)


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What is JELD-WEN Holding Cash Conversion Cycle?

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

JELD-WEN Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.45.
JELD-WEN Holding's Days Inventory for the three months ended in Dec. 2023 was 55.01.
JELD-WEN Holding's Days Payable for the three months ended in Dec. 2023 was 32.04.
Therefore, JELD-WEN Holding's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 71.42.


JELD-WEN Holding Cash Conversion Cycle Historical Data

The historical data trend for JELD-WEN Holding'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.

JELD-WEN Holding Cash Conversion Cycle Chart

JELD-WEN Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.09 65.58 68.81 68.02 71.75

JELD-WEN Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.87 73.53 79.17 72.81 71.42

Competitive Comparison of JELD-WEN Holding's Cash Conversion Cycle

For the Building Products & Equipment subindustry, JELD-WEN Holding'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.


JELD-WEN Holding's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, JELD-WEN Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JELD-WEN Holding's Cash Conversion Cycle falls into.



JELD-WEN Holding 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.

JELD-WEN Holding'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
=44.43+56.56-29.24
=71.75

JELD-WEN Holding'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
=48.45+55.01-32.04
=71.42

* 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.


JELD-WEN Holding  (NYSE:JELD) 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.


JELD-WEN Holding Cash Conversion Cycle Related Terms

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JELD-WEN Holding (JELD-WEN Holding) Business Description

Traded in Other Exchanges
Address
2645 Silver Crescent Drive, Charlotte, NC, USA, 28273
JELD-WEN Holding Inc is engaged in door and window manufacturing. The company design, produce and distribute interior and exterior building product, offering a selection of doors, windows, walls, and related products. The products are used in the new construction of residential single and multi-family homes and non-residential buildings. The firm's operating segments are North America, Europe, and Australasia. It generates a majority of its revenue from North America.
Executives
Michael F Hilton director 28601 CLEMENS ROAD, WESTLAKE OH 44145
Wendy A. Livingston officer: EVP & CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
James S Hayes officer: EVP, GC & Corp Sec 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Timothy Craven officer: EVP, Human Resources JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202
John Krause officer: SVP & GM, NA 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Michael A Leon officer: SVP & Chief Accounting Officer SEALED AIR CORPORATION, 2415 CASCADE POINTE BLVD, CHARLOTTE NC 28208
Turtle Creek Asset Management Inc. 10 percent owner SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
David G Nord director UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kevin C Lilly officer: Interim CEO 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Julie C Albrecht officer: EVP & CFO ONE NORTH SECOND STREET, HARTSVILLE SC 29550
William Christensen officer: EVP & President, Europe 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Scott Vining officer: SVP & Chief Accounting Officer PARAGON FINANCIAL CORPORATION, 830-13 A1A NORTH, PONTE VEDRA BEACH FL 32082
Roderick Wendt director, other: Vice Chairman JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202