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Jeffs Brands (Jeffs Brands) Cash Conversion Cycle : 70.27 (As of Dec. 2023)


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What is Jeffs Brands Cash Conversion Cycle?

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

Jeffs Brands's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.3.
Jeffs Brands's Days Inventory for the six months ended in Dec. 2023 was 81.26.
Jeffs Brands's Days Payable for the six months ended in Dec. 2023 was 22.29.
Therefore, Jeffs Brands's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 70.27.


Jeffs Brands Cash Conversion Cycle Historical Data

The historical data trend for Jeffs 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.

* Premium members only.

Jeffs Brands Cash Conversion Cycle Chart

Jeffs Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
196.62 154.36 85.38 119.69 84.86

Jeffs Brands Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 66.98 114.58 88.04 103.64 70.27

Competitive Comparison of Jeffs Brands's Cash Conversion Cycle

For the Internet Retail subindustry, Jeffs 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.


Jeffs Brands's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

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

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



Jeffs 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.

Jeffs Brands'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
=17.43+84.4-16.97
=84.86

Jeffs Brands'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
=11.3+81.26-22.29
=70.27

* 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.


Jeffs Brands  (NAS:JFBR) 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.


Jeffs Brands Cash Conversion Cycle Related Terms

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Jeffs Brands (Jeffs Brands) Business Description

Traded in Other Exchanges
N/A
Address
7 Mezada Street, Bnei Brak, ISR, 5126112
Jeffs Brands Ltd is an e-commerce CPG company, operating primarily on Amazon. The company serves as the holding company of three other e-commerce companies, Smart Repair Pro, Purex, and Top Rank, that operate online stores for the sale of various consumer products on Amazon online marketplace, utilizing the FBA model. The company has five wholly-owned subsidiaries: Smart Repair Pro, Purex, Top Rank , Fort and Jeffs' Brands Holdings.

Jeffs Brands (Jeffs Brands) Headlines

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