Pennon Group (Pennon Group) Cash Conversion Cycle : -1,149.25 (As of Sep. 2023)

Pennon Group Cash Conversion Cycle Chart

Pennon Group Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Cash Conversion Cycle		Get a 7-Day Free Trial					-1,991.67	-1,895.91	-1,149.69	-1,292.50	-1,264.25

Pennon Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash Conversion Cycle	Get a 7-Day Free Trial															-1,171.50	-1,073.09	-1,035.35	-1,018.80	-1,149.25

Competitive Comparison of Pennon Group's Cash Conversion Cycle

For the Utilities - Regulated Water subindustry, Pennon Group'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.

Pennon Group's Cash Conversion Cycle Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pennon Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pennon Group's Cash Conversion Cycle falls into.

Pennon Group 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.

Pennon Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Pennon Group's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

* 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.

Pennon Group  (OTCPK:PEGRY) 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.

Pennon Group Cash Conversion Cycle Related Terms

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Pennon Group (Pennon Group) Business Description