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Mama`s Creations (Mama`s Creations) Cash Conversion Cycle : 46.64 (As of Jan. 2024)


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What is Mama`s Creations Cash Conversion Cycle?

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

Mama`s Creations's Days Sales Outstanding for the three months ended in Jan. 2024 was 32.44.
Mama`s Creations's Days Inventory for the three months ended in Jan. 2024 was 14.2.
Mama`s Creations's Days Payable for the three months ended in Jan. 2024 was 0.
Therefore, Mama`s Creations's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 46.64.


Mama`s Creations Cash Conversion Cycle Historical Data

The historical data trend for Mama`s Creations'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.

Mama`s Creations Cash Conversion Cycle Chart

Mama`s Creations 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 54.41 50.39 66.14 44.47 43.34

Mama`s Creations 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 47.49 46.85 47.15 45.24 46.64

Competitive Comparison of Mama`s Creations's Cash Conversion Cycle

For the Packaged Foods subindustry, Mama`s Creations'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.


Mama`s Creations's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mama`s Creations's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mama`s Creations's Cash Conversion Cycle falls into.



Mama`s Creations 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.

Mama`s Creations'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
=25.96+17.38-0
=43.34

Mama`s Creations'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
=32.44+14.2-0
=46.64

* 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.


Mama`s Creations  (NAS:MAMA) 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.


Mama`s Creations Cash Conversion Cycle Related Terms

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Mama`s Creations (Mama`s Creations) Business Description

Traded in Other Exchanges
N/A
Address
25 Branca Road, East Rutherford, NJ, USA, 07073
Mama`s Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in over 8,400 grocery, mass, club, and convenience stores nationally. The Company's broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers.
Executives
Matthew Brown director, 10 percent owner, officer: President 454 TILLOU ROAD, SOUTH ORANGE NJ 07079
Shirley Romig director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Meghan Henson director RADNOR CORPORATE CENTER, BUILDING ONE, SUITE 200, 100 MATSONFORD ROAD, RADNOR PA 19087
Adam Laurance Michaels director, officer: Chief Executive Officer 34 HASTINGS DRIVE, TENAFLY NJ 07670
Anthony Gruber officer: Chief Financial Officer 25 BRANCA ROAD, EAST RUTHERFORD NJ 07073
Haley Patrick Connor director 640 TAYLOR STREET, SUITE 2522, FORT WORTH TX 76102
David Mcguire director 10599 WILSHIRE BLVD. SUITE 307, LOS ANGELES CA 90024
Dean Janeway director, officer: Vice-President 164 SUNSET LANE, MANTOLOKING NJ 08738
Carl T Wolf director, 10 percent owner, officer: Chief Executive Officer 627 INWOOD LANE, SOUTH ORANGE NJ 07079
Steven R. Burns director 635 PROSPECT STREET, MAPLEWOOD NJ 07040
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Thomas G. Toto director 34 BOURBON STREET, WAYNE NJ 07079
Lewis H Ochs officer: Vice-President of Finance 5102 CHESTERWOOD WAY, SOMERSET NJ 08873
Alfred D'agostino director 133 CUMBERLAND COURT, PARAMUS NJ 07652