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Acushnet Holdings (Acushnet Holdings) Cash Conversion Cycle : 160.80 (As of Mar. 2024)


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What is Acushnet Holdings Cash Conversion Cycle?

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

Acushnet Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.97.
Acushnet Holdings's Days Inventory for the three months ended in Mar. 2024 was 159.59.
Acushnet Holdings's Days Payable for the three months ended in Mar. 2024 was 41.76.
Therefore, Acushnet Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 160.80.


Acushnet Holdings Cash Conversion Cycle Historical Data

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings Cash Conversion Cycle Chart

Acushnet Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.41 173.37 119.61 158.12 189.20

Acushnet Holdings 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 183.59 184.20 188.00 251.80 160.80

Competitive Comparison of Acushnet Holdings's Cash Conversion Cycle

For the Leisure subindustry, Acushnet Holdings'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.


Acushnet Holdings's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Acushnet Holdings's Cash Conversion Cycle falls into.



Acushnet Holdings 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.

Acushnet Holdings'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
=32.03+208.47-51.3
=189.20

Acushnet Holdings'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
=42.97+159.59-41.76
=160.80

* 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.


Acushnet Holdings  (NYSE:GOLF) 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.


Acushnet Holdings Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Acushnet Holdings's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Acushnet Holdings (Acushnet Holdings) Business Description

Traded in Other Exchanges
Address
333 Bridge Street, Fairhaven, MA, USA, 02719
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Executives
Christopher Aaron Lindner officer: President, FootJoy C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd. director, 10 percent owner 1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher officer: Chief Operating Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan director 11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron) director, 10 percent owner FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719