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Fujitsu General (TSE:6755) Cash Conversion Cycle : 104.26 (As of Mar. 2024)


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What is Fujitsu General Cash Conversion Cycle?

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

Fujitsu General's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.85.
Fujitsu General's Days Inventory for the three months ended in Mar. 2024 was 74.72.
Fujitsu General's Days Payable for the three months ended in Mar. 2024 was 47.31.
Therefore, Fujitsu General's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 104.26.


Fujitsu General Cash Conversion Cycle Historical Data

The historical data trend for Fujitsu General'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.

Fujitsu General Cash Conversion Cycle Chart

Fujitsu General Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.99 96.65 112.81 115.23 140.42

Fujitsu General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 103.19 184.70 147.64 181.90 104.26

Competitive Comparison of Fujitsu General's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, Fujitsu General'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.


Fujitsu General's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fujitsu General's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fujitsu General's Cash Conversion Cycle falls into.



Fujitsu General 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.

Fujitsu General's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=119.08+96.28-74.94
=140.42

Fujitsu General's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=76.85+74.72-47.31
=104.26

* 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.


Fujitsu General  (TSE:6755) 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.


Fujitsu General Cash Conversion Cycle Related Terms

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Fujitsu General (TSE:6755) Business Description

Traded in Other Exchanges
Address
3-3-17, Suenaga, Kawasaki-shi, Kanagawa, JPN, 213-8502
Fujitsu General Ltd is a Japan-based company engaged in the manufacturing and selling of engineering and electronics equipment which includes air conditioners, electric carpets, fire-fighting systems, surveillance cameras and security network systems. Its products include Air Conditioners business, Electronic Devices such as Air to Water, Air Deodoriser, Charge-coupled device Cameras, Low Noise Block down converter, Ku band transmitter for broadband satellite communications and Others.

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