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Mobile TeleSystems PJSC (Mobile TeleSystems PJSC) Cash Conversion Cycle : -91.83 (As of Mar. 2023)


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What is Mobile TeleSystems PJSC Cash Conversion Cycle?

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

Mobile TeleSystems PJSC's Days Sales Outstanding for the three months ended in Mar. 2023 was 25.53.
Mobile TeleSystems PJSC's Days Inventory for the three months ended in Mar. 2023 was 28.83.
Mobile TeleSystems PJSC's Days Payable for the three months ended in Mar. 2023 was 146.19.
Therefore, Mobile TeleSystems PJSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2023 was -91.83.


Mobile TeleSystems PJSC Cash Conversion Cycle Historical Data

The historical data trend for Mobile TeleSystems PJSC'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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Mobile TeleSystems PJSC Cash Conversion Cycle Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.57 -65.09 -77.57 -66.37 -77.64

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 -75.84 -84.91 -95.67 - -91.83

Competitive Comparison of Mobile TeleSystems PJSC's Cash Conversion Cycle

For the Telecom Services subindustry, Mobile TeleSystems PJSC'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.


Mobile TeleSystems PJSC's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mobile TeleSystems PJSC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mobile TeleSystems PJSC's Cash Conversion Cycle falls into.



Mobile TeleSystems PJSC 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.

Mobile TeleSystems PJSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=18.63+28.29-124.56
=-77.64

Mobile TeleSystems PJSC's Cash Conversion Cycle for the quarter that ended in Mar. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=25.53+28.83-146.19
=-91.83

* 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.


Mobile TeleSystems PJSC  (NYSE:MBT) 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.


Mobile TeleSystems PJSC Cash Conversion Cycle Related Terms

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Mobile TeleSystems PJSC (Mobile TeleSystems PJSC) Business Description

Traded in Other Exchanges
Address
4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.

Mobile TeleSystems PJSC (Mobile TeleSystems PJSC) Headlines