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Sawai Group Holdings Co (TSE:4887) Cash Conversion Cycle : 296.91 (As of Mar. 2024)


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What is Sawai Group Holdings Co Cash Conversion Cycle?

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

Sawai Group Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 129.37.
Sawai Group Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 317.66.
Sawai Group Holdings Co's Days Payable for the three months ended in Mar. 2024 was 150.12.
Therefore, Sawai Group Holdings Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 296.91.


Sawai Group Holdings Co Cash Conversion Cycle Historical Data

The historical data trend for Sawai Group Holdings Co'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.

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Sawai Group Holdings Co Cash Conversion Cycle Chart

Sawai Group Holdings Co Annual Data
Trend Mar22 Mar23 Mar24
Cash Conversion Cycle
222.81 231.53 282.12

Sawai Group Holdings Co Quarterly Data
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 165.98 249.84 268.55 272.27 296.91

Competitive Comparison of Sawai Group Holdings Co's Cash Conversion Cycle

For the Drug Manufacturers - Specialty & Generic subindustry, Sawai Group Holdings Co'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.


Sawai Group Holdings Co's Cash Conversion Cycle Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sawai Group Holdings Co's Cash Conversion Cycle distribution charts can be found below:

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



Sawai Group Holdings Co 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.

Sawai Group Holdings Co'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
=128.17+300.55-146.6
=282.12

Sawai Group Holdings Co'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
=129.37+317.66-150.12
=296.91

* 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.


Sawai Group Holdings Co  (TSE:4887) 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.


Sawai Group Holdings Co Cash Conversion Cycle Related Terms

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Sawai Group Holdings Co (TSE:4887) Business Description

Traded in Other Exchanges
Address
5-2-30, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003
Sawai Group Holdings Co Ltd is engaged in providing management support or guidance to domestic and foreign companies engaged in businesses related to medical and healthcare services, such as the manufacture and sale of pharmaceutical products and medical equipment, as well as various businesses incidental or related to the same.

Sawai Group Holdings Co (TSE:4887) Headlines

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