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A. Schulman (A. Schulman) Cash Conversion Cycle : 52.32 (As of May. 2018)


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What is A. Schulman Cash Conversion Cycle?

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

A. Schulman's Days Sales Outstanding for the three months ended in May. 2018 was 55.79.
A. Schulman's Days Inventory for the three months ended in May. 2018 was 47.46.
A. Schulman's Days Payable for the three months ended in May. 2018 was 50.93.
Therefore, A. Schulman's Cash Conversion Cycle (CCC) for the three months ended in May. 2018 was 52.32.


A. Schulman Cash Conversion Cycle Historical Data

The historical data trend for A. Schulman'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.

A. Schulman Cash Conversion Cycle Chart

A. Schulman Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.19 49.55 59.93 57.43 53.08

A. Schulman Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 50.46 50.86 49.52 56.64 52.32

Competitive Comparison of A. Schulman's Cash Conversion Cycle

For the Chemicals subindustry, A. Schulman'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.


A. Schulman's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, A. Schulman's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where A. Schulman's Cash Conversion Cycle falls into.



A. Schulman 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.

A. Schulman's Cash Conversion Cycle for the fiscal year that ended in Aug. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=58.23+47.36-52.51
=53.08

A. Schulman's Cash Conversion Cycle for the quarter that ended in May. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=55.79+47.46-50.93
=52.32

* 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.


A. Schulman  (NAS:SHLM) 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.


A. Schulman Cash Conversion Cycle Related Terms

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


A. Schulman (A. Schulman) Business Description

Traded in Other Exchanges
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Eugene Robert Allspach director 3550 WEST MARKET STREET, AKRON OH 44333
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Derek R Bristow officer: SVP & GM - APAC LOCALITA BREDA LIBERA, VIA IV NOVEMBRE 3, VEROLANUOVA L6 25028
David G Birney director 3550 W. MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Lee D Meyer director 208 SHAWNA DRIVE, KEARNEY MO 64060
Joseph M Gingo director, officer: President & CEO 3550 WEST MARKET STREET, AKRON OH 44333
Gary A Miller officer: VP, Chief Procurement Officer 3550 WEST MARKET STREET, AKRON OH 44333
James A Mitarotonda director 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Gustavo S. Perez officer: SVP & GM LATAM 3550 WEST MARKET STREET, AKRON OH 44333