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BecleB de CV (FRA:6BE) Cash Conversion Cycle : 352.87 (As of Mar. 2024)


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What is BecleB de CV Cash Conversion Cycle?

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

BecleB de CV's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.8.
BecleB de CV's Days Inventory for the three months ended in Mar. 2024 was 350.85.
BecleB de CV's Days Payable for the three months ended in Mar. 2024 was 97.78.
Therefore, BecleB de CV's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 352.87.


BecleB de CV Cash Conversion Cycle Historical Data

The historical data trend for BecleB de CV'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.

BecleB de CV Cash Conversion Cycle Chart

BecleB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.76 298.02 254.43 248.33 276.68

BecleB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 342.39 322.30 338.40 278.33 352.87

Competitive Comparison of BecleB de CV's Cash Conversion Cycle

For the Beverages - Wineries & Distilleries subindustry, BecleB de CV'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.


BecleB de CV's Cash Conversion Cycle Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BecleB de CV's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where BecleB de CV's Cash Conversion Cycle falls into.



BecleB de CV 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.

BecleB de CV's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=89.76+287.47-100.55
=276.68

BecleB de CV's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=99.8+350.85-97.78
=352.87

* 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.


BecleB de CV  (FRA:6BE) 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.


BecleB de CV Cash Conversion Cycle Related Terms

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BecleB de CV (FRA:6BE) Business Description

Traded in Other Exchanges
Address
Guillermo Gonzalez Camarena No. 800-4, Col. Zedec Santa Fe, Santa Fe, MEX, 01210
Becle SAB de CV is a Mexico-based company operating in the liquor industry. It operates as a spirit company engaged in producing, selling and distributing spirits and liquors. The product portfolio of the company comprises whiskey, rum, and tequila, among others. The company sells its products across Mexico and around the world. Its portfolio comprises different brands such as 1800, Bushmills, Boodles, Hangar, Maestro Tequilero, Kraken, and others.

BecleB de CV (FRA:6BE) Headlines

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