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Duluth Holdings (Duluth Holdings) Cash Conversion Cycle : 73.89 (As of Jan. 2024)


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What is Duluth Holdings Cash Conversion Cycle?

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

Duluth Holdings's Days Sales Outstanding for the three months ended in Jan. 2024 was 2.16.
Duluth Holdings's Days Inventory for the three months ended in Jan. 2024 was 109.27.
Duluth Holdings's Days Payable for the three months ended in Jan. 2024 was 37.54.
Therefore, Duluth Holdings's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 73.89.


Duluth Holdings Cash Conversion Cycle Historical Data

The historical data trend for Duluth Holdings'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.

Duluth Holdings Cash Conversion Cycle Chart

Duluth Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.60 139.44 114.29 109.37 104.46

Duluth Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 91.31 170.74 146.10 151.18 73.89

Competitive Comparison of Duluth Holdings's Cash Conversion Cycle

For the Apparel Retail subindustry, Duluth Holdings'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.


Duluth Holdings's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Duluth Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Duluth Holdings's Cash Conversion Cycle falls into.



Duluth Holdings 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.

Duluth Holdings's Cash Conversion Cycle for the fiscal year that ended in Jan. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.39+162.15-61.08
=104.46

Duluth Holdings's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.16+109.27-37.54
=73.89

* 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.


Duluth Holdings  (NAS:DLTH) 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.


Duluth Holdings Cash Conversion Cycle Related Terms

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


Duluth Holdings (Duluth Holdings) Business Description

Traded in Other Exchanges
N/A
Address
201 East Front Street, Mount Horeb, WI, USA, 53572
Duluth Holdings Inc is an apparel brand in the United States. The company offers shirts, pants, and casual wear for men and women under brands like Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank and Wild Boar Mocs. It operates in a single operating segment.
Executives
Jennifer A Hannon 10 percent owner ONE E MAIN STREET, UNIT 500, MADISON WI 53703
Janet H Kennedy director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Ronald Robinson director 201 E. FRONT STREET, MT. HOREB WI 53572
Brett Lee Paschke director 150 N RIVERSIDE, WILLIAM BLAIR & COMPANY, CHICAGO IL 60606
Albert J. Sutera officer: SVP, CTO & Logistics 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Susan J Riley director
Neala Shepherd officer: SVP, Customer Experience 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Stephen L. Schlecht director, 10 percent owner, officer: Executive Chairman 5348 COUNTY ROAD M, WAUNAKEE WI 53597
Samuel M Sato officer: President & CEO 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
David Homolka officer: SVP HR,Retail&Call Center Oper 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Richard W Schlecht officer: SVPProd Dev,Vis.Merch&Creative 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Christopher Teufel officer: SVP IT and Supply Chain 201 EAST FRONT STREET, MOUNT HOREB WI 53572
David Loretta officer: SVP and CFO C/O NORDSTROM, INC., 1700 SEVENTH AVENUE, SEATTLE WA 98101
Michael John Murphy officer: V.P., Chief Accounting Officer 401 CHARMANY DRIVE, MADISON WI 53719