GUD 1.42% $10.68 g.u.d. holdings limited

I was a bit confused by the ongoing guidance for cash conversion...

  1. 5,420 Posts.
    lightbulb Created with Sketch. 298
    I was a bit confused by the ongoing guidance for cash conversion of 80%. While I feel this was overly conservative, how can a company with low growth have such conversion consistently?

    They cant just keep building up inventory and debtors can they? Surely this will have to reconcile back.
 
watchlist Created with Sketch. Add GUD (ASX) to my watchlist
(20min delay)
Last
$10.68
Change
0.150(1.42%)
Mkt cap ! $1.504B
Open High Low Value Volume
$10.58 $10.68 $10.52 $2.702M 254.5K

Buyers (Bids)

No. Vol. Price($)
3 1341 $10.59
 

Sellers (Offers)

Price($) Vol. No.
$10.69 6051 2
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$10.65
  Change
0.150 ( 0.99 %)
Open High Low Volume
$10.59 $10.66 $10.52 973936
Last updated 15.59pm 27/05/2024 ?
GUD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.