National Beverage Corp (FIZZ)
Cash conversion cycle
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 41.65 | 43.42 | 43.85 | 42.86 | 42.63 | 44.43 | 42.18 | 42.12 | 42.54 | 43.08 | 45.15 | 47.73 | 46.73 | 45.77 | 43.16 | 38.57 | 39.18 | 41.80 | 44.84 | 54.00 |
| Days of sales outstanding (DSO) | days | — | — | — | — | 33.00 | — | 31.09 | — | 29.61 | — | 33.70 | — | 34.09 | — | 29.89 | — | 30.05 | — | 32.67 | — |
| Number of days of payables | days | — | — | — | — | 39.44 | — | 34.88 | — | 36.69 | — | 42.40 | — | 42.50 | — | 31.81 | — | 37.40 | — | 37.79 | — |
| Cash conversion cycle | days | 41.65 | 43.42 | 43.85 | 42.86 | 36.18 | 44.43 | 38.39 | 42.12 | 35.47 | 43.08 | 36.46 | 47.73 | 38.32 | 45.77 | 41.23 | 38.57 | 31.84 | 41.80 | 39.72 | 54.00 |
January 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 41.65 + — – —
= 41.65
The cash conversion cycle of National Beverage Corp has shown some variations over the analyzed periods. The company's cash conversion cycle measures the time it takes to convert its investments in inventory into cash receipts from customers.
From April 2022 to January 2025, the cash conversion cycle has ranged from a low of 31.84 days to a high of 54.00 days. A lower cash conversion cycle indicates that the company is able to efficiently manage its working capital and convert its inventory into cash quickly. On the other hand, a higher cash conversion cycle may imply inefficiencies in managing inventory levels, collecting receivables, or paying suppliers.
Overall, National Beverage Corp has experienced fluctuations in its cash conversion cycle, which could be influenced by factors such as changes in inventory management practices, sales trends, or payment terms with suppliers and customers. Monitoring and managing the cash conversion cycle is crucial for the company to optimize its working capital efficiency and overall financial performance.
Peer comparison
Jan 31, 2025