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Landis+Gyr Group AG (XSWX:LAND) Cash Conversion Cycle : 81.93 (As of Mar. 2024)


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What is Landis+Gyr Group AG Cash Conversion Cycle?

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

Landis+Gyr Group AG's Days Sales Outstanding for the six months ended in Mar. 2024 was 60.18.
Landis+Gyr Group AG's Days Inventory for the six months ended in Mar. 2024 was 69.79.
Landis+Gyr Group AG's Days Payable for the six months ended in Mar. 2024 was 48.04.
Therefore, Landis+Gyr Group AG's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 81.93.


Landis+Gyr Group AG Cash Conversion Cycle Historical Data

The historical data trend for Landis+Gyr Group AG'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.

Landis+Gyr Group AG Cash Conversion Cycle Chart

Landis+Gyr Group AG 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 58.70 75.72 68.57 74.50 80.26

Landis+Gyr Group AG Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 66.19 78.97 72.20 78.12 81.93

Competitive Comparison of Landis+Gyr Group AG's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Landis+Gyr Group AG'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.


Landis+Gyr Group AG's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Landis+Gyr Group AG's Cash Conversion Cycle falls into.



Landis+Gyr Group AG 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.

Landis+Gyr Group AG'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
=65.41+65.54-50.69
=80.26

Landis+Gyr Group AG'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
=60.18+69.79-48.04
=81.93

* 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.


Landis+Gyr Group AG  (XSWX:LAND) 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.


Landis+Gyr Group AG Cash Conversion Cycle Related Terms

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Landis+Gyr Group AG (XSWX:LAND) Business Description

Traded in Other Exchanges
Address
Alte Steinhauserstrasse 18, Cham, CHE, CH-6330
Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.

Landis+Gyr Group AG (XSWX:LAND) Headlines