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Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Cash Conversion Cycle : 66.05 (As of Mar. 2024)


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What is Lulus Fashion Lounge Holdings Cash Conversion Cycle?

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

Lulus Fashion Lounge Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.17.
Lulus Fashion Lounge Holdings's Days Inventory for the three months ended in Mar. 2024 was 78.48.
Lulus Fashion Lounge Holdings's Days Payable for the three months ended in Mar. 2024 was 17.6.
Therefore, Lulus Fashion Lounge Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 66.05.


Lulus Fashion Lounge Holdings Cash Conversion Cycle Historical Data

The historical data trend for Lulus Fashion Lounge 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.

Lulus Fashion Lounge Holdings Cash Conversion Cycle Chart

Lulus Fashion Lounge Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
36.17 44.30 34.47 47.77 60.66

Lulus Fashion Lounge Holdings Quarterly Data
Dec19 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 76.72 67.99 67.59 63.41 66.05

Competitive Comparison of Lulus Fashion Lounge Holdings's Cash Conversion Cycle

For the Apparel Retail subindustry, Lulus Fashion Lounge 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.


Lulus Fashion Lounge Holdings's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lulus Fashion Lounge Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Lulus Fashion Lounge 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.

Lulus Fashion Lounge 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
=3.83+69.37-12.54
=60.66

Lulus Fashion Lounge 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
=5.17+78.48-17.6
=66.05

* 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.


Lulus Fashion Lounge Holdings  (NAS:LVLU) 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.


Lulus Fashion Lounge Holdings Cash Conversion Cycle Related Terms

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


Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Business Description

Traded in Other Exchanges
N/A
Address
195 Humboldt Avenue, Chico, CA, USA, 95928
Lulus Fashion Lounge Holdings Inc is a fashion brand serving Millennial and Gen Z women. Its products include Fall Dresses, Winter Dresses, Sweater Dresses, Short Dresses, Casual Dresses, Wedding Dresses, and Denims, among others. The company generates the majority of its revenue from customers based in the United States.
Executives
Michael J Mardy director
Kelly Ann Mccarthy director 195 HUMBOLDT AVENUE, CHICO CA 95928
Caroline Sio-chin Sheu director 256 WEST DATA DRIVE, DRAPER UT 84020
Tiffany Rose Smith officer: Chief Financial Officer 195 HUMBOLDT AVENUE, CHICO CA 95928
Anisa Benita Kumar director 195 HUMBOLDT AVENUE, CHICO CA 95928
Kira Yugay director C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Dara Bazzano director 100 NORTH SEPULVEDA BLVD., SUITE 1100, EL SEGUNDO CA 90245
David W. Mccreight director, officer: Chief Executive Officer C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Danielle Qi director C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Norman A Fogelsong 10 percent owner C/O IVP, 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Dennis B Phelps 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Crystal Landsem officer: See Remarks C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Mark Vos officer: See Remarks C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928

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