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Samarkand Group (AQSE:SMK) Cash Conversion Cycle : 45.75 (As of Sep. 2023)


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What is Samarkand Group Cash Conversion Cycle?

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

Samarkand Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 34.4.
Samarkand Group's Days Inventory for the six months ended in Sep. 2023 was 136.11.
Samarkand Group's Days Payable for the six months ended in Sep. 2023 was 124.76.
Therefore, Samarkand Group's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 45.75.

Samarkand Group Cash Conversion Cycle Historical Data

The historical data trend for Samarkand Group'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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Samarkand Group Cash Conversion Cycle Chart

Samarkand Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
18.82 8.14 27.80 39.56

Samarkand Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial 39.11 38.42 64.93 61.66 45.75

Competitive Comparison of Samarkand Group's Cash Conversion Cycle

For the Internet Content & Information subindustry, Samarkand Group'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.

Samarkand Group's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Samarkand Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Samarkand Group's Cash Conversion Cycle falls into.


Samarkand Group 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.

Samarkand Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=33.79+138.53-132.76
=39.56

Samarkand Group's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=34.4+136.11-124.76
=45.75

* 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.

Samarkand Group  (AQSE:SMK) 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.

Samarkand Group Cash Conversion Cycle Related Terms

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Samarkand Group (AQSE:SMK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Samarkand Group PLC (AQSE:SMK) » Definitions » Cash Conversion Cycle
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Traded in Other Exchanges
N/A
Address
The Path, Unit 13 and 14 Nelson Trading Estate, Merton, London, GBR, SW19 3BL
Website
https://www.samarkand.global
Samarkand Group PLC is the cross-border eCommerce technology and retail group focusing on connecting Western Brands with China. It has developed a proprietary software platform, the Nomad, which is integrated across eCommerce platforms, payments, logistics, social media, and customs. The core products include Nomad Checkout, Nomad Storefront, and Nomad Distribution. The Group has one reportable segment with three revenue streams, being Brand Ownership, Nomad Technology, and Distribution business units engaged in the B2B and B2C sale of products and eCommerce technology solutions for Western brands and retailers selling in China. Its revenues are mainly generated in the UK, China, and the Rest of the World.

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