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Aukett Swanke Group (LSE:AUK) Cash Conversion Cycle : -133.63 (As of Sep. 2023)


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What is Aukett Swanke Group Cash Conversion Cycle?

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

Aukett Swanke Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 72.17.
Aukett Swanke Group's Days Inventory for the six months ended in Sep. 2023 was 23.97.
Aukett Swanke Group's Days Payable for the six months ended in Sep. 2023 was 229.77.
Therefore, Aukett Swanke Group's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was -133.63.


Aukett Swanke Group Cash Conversion Cycle Historical Data

The historical data trend for Aukett Swanke Group'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.

Aukett Swanke Group Cash Conversion Cycle Chart

Aukett Swanke Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -251.30 -675.74 -136.14 -305.70 -88.14

Aukett Swanke 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 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 -173.52 -253.30 -851.05 -3,006.06 -133.63

Competitive Comparison of Aukett Swanke Group's Cash Conversion Cycle

For the Engineering & Construction subindustry, Aukett Swanke 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.


Aukett Swanke Group's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aukett Swanke Group's Cash Conversion Cycle distribution charts can be found below:

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



Aukett Swanke 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.

Aukett Swanke Group's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=66.21+47.49-201.84
=-88.14

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

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=72.17+23.97-229.77
=-133.63

* 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.


Aukett Swanke Group  (LSE:AUK) 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.


Aukett Swanke Group Cash Conversion Cycle Related Terms

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Aukett Swanke Group (LSE:AUK) Business Description

Traded in Other Exchanges
N/A
Address
10 Bonhill Street, London, GBR, EC2A 4PE
Aukett Swanke Group PLC is a UK-based company that provides architectural design, master planning, interior design, executive architecture, and associated engineering services. The company provides its services to a variety of clients including property developers, owner-occupiers, and governmental organizations in the United Kingdom and overseas. It organizes its business in three geographical segments viz. the United Kingdom, the Middle East, and Continental Europe. The majority of the company's revenue comes from the United Kingdom.

Aukett Swanke Group (LSE:AUK) Headlines

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