Agrana Beteiligungs AG (Agrana Beteiligungs AG) Cash Conversion Cycle : 51.78 (As of Nov. 2023)

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What is Agrana Beteiligungs AG Cash Conversion Cycle?

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

Agrana Beteiligungs AG's Days Sales Outstanding for the three months ended in Nov. 2023 was 51.78.
Agrana Beteiligungs AG's Days Inventory for the three months ended in Nov. 2023 was 0.
Agrana Beteiligungs AG's Days Payable for the three months ended in Nov. 2023 was 0.
Therefore, Agrana Beteiligungs AG's Cash Conversion Cycle (CCC) for the three months ended in Nov. 2023 was 51.78.

Agrana Beteiligungs AG Cash Conversion Cycle Historical Data

The historical data trend for Agrana Beteiligungs AG'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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Agrana Beteiligungs AG Cash Conversion Cycle Chart

Agrana Beteiligungs AG Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash Conversion Cycle

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133.14

135.99

120.94

120.70

119.15

Agrana Beteiligungs AG Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash Conversion Cycle	Get a 7-Day Free Trial															48.97	48.71	48.31	140.35	51.78

Competitive Comparison of Agrana Beteiligungs AG's Cash Conversion Cycle

For the Packaged Foods subindustry, Agrana Beteiligungs AG'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.

Agrana Beteiligungs AG's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agrana Beteiligungs AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Agrana Beteiligungs AG's Cash Conversion Cycle falls into.

Agrana Beteiligungs AG 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.

Agrana Beteiligungs AG's Cash Conversion Cycle for the fiscal year that ended in Feb. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	44.85	+	147.29	-	72.99
	=	119.15

Agrana Beteiligungs AG's Cash Conversion Cycle for the quarter that ended in Nov. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	51.78	+	0	-	0
	=	51.78

Agrana Beteiligungs AG (OTCPK:AABGF) 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.

Agrana Beteiligungs AG Cash Conversion Cycle Related Terms

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Agrana Beteiligungs AG (Agrana Beteiligungs AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agrana Beteiligungs AG (OTCPK:AABGF) » Definitions » Cash Conversion Cycle

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AGB2:Germany AGR:Austria

Address

Friedrich-Wilhelm-Raiffeisen-Platz 1, Vienna, AUT, A-1020

Website

https://www.agrana.com

Agrana Beteiligungs AG is a processor of raw materials that manufactures foods and intermediate products for the downstream food industry as well as for non-food applications. The company operates in three segments Sugar, Starch, and Fruit. The Sugar segment processes sugar beet from contract growers and also refines raw sugar purchased. The Starch segment processes and refines raw materials grown by contract farmers or purchased in the open market mainly corn, wheat, and potatoes into premium starch products. The Fruit segment, which is the key revenue driver, custom designs and produces fruit preparations and fruit juice concentrates. The company derives its revenue from Austria, Hungary, Romania and Rest of Europe.