GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Alantra Partners SA (FRA:ALNT) » Definitions » Cash Conversion Cycle

Alantra Partners (FRA:ALNT) Cash Conversion Cycle : 63.42 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Alantra Partners Cash Conversion Cycle?

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

Alantra Partners's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.55.
Alantra Partners's Days Inventory for the three months ended in Mar. 2024 was 0.
Alantra Partners's Days Payable for the three months ended in Mar. 2024 was 24.13.
Therefore, Alantra Partners's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 63.42.


Alantra Partners Cash Conversion Cycle Historical Data

The historical data trend for Alantra Partners'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.

Alantra Partners Cash Conversion Cycle Chart

Alantra Partners 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 49.59 41.14 32.72 50.69 57.15

Alantra Partners 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 88.62 44.36 60.81 29.51 63.42

Competitive Comparison of Alantra Partners's Cash Conversion Cycle

For the Capital Markets subindustry, Alantra Partners'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.


Alantra Partners's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alantra Partners's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alantra Partners's Cash Conversion Cycle falls into.



Alantra Partners 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.

Alantra Partners'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
=84.83+0-27.68
=57.15

Alantra Partners'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
=87.55+0-24.13
=63.42

* 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.


Alantra Partners  (FRA:ALNT) 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.


Alantra Partners Cash Conversion Cycle Related Terms

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


Alantra Partners (FRA:ALNT) Business Description

Traded in Other Exchanges
Address
Calle de José Ortega y Gasset 29, Madrid, ESP, 28006
Alantra Partners SA is a global investment banking and asset management firm. The company is primarily focusing on the mid-market with offices across Europe, the United States, Asia, and America. The company's business activities are split into the following segments: Financial Advisory, Asset Management, Structural, Portfolio and Other. Financial Advisory segment covers the provision of financial advisory services to companies or entities in corporate finance operations and the provision of stock market brokerage and analysis services to institutional investors. Its Portfolio business segment is engaged in obtaining capital gains by investing and subsequently selling stakes in companies or investment funds or vehicles.