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Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUBC1) Cash Conversion Cycle : -146.64 (As of Dec. 2018)


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What is Union de Cervecerias Peruanas Backus & Johnston Cash Conversion Cycle?

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

Union de Cervecerias Peruanas Backus & Johnston's Days Sales Outstanding for the six months ended in Dec. 2018 was 17.62.
Union de Cervecerias Peruanas Backus & Johnston's Days Inventory for the six months ended in Dec. 2018 was 59.48.
Union de Cervecerias Peruanas Backus & Johnston's Days Payable for the six months ended in Dec. 2018 was 223.74.
Therefore, Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2018 was -146.64.


Union de Cervecerias Peruanas Backus & Johnston Cash Conversion Cycle Historical Data

The historical data trend for Union de Cervecerias Peruanas Backus & Johnston'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.

Union de Cervecerias Peruanas Backus & Johnston Cash Conversion Cycle Chart

Union de Cervecerias Peruanas Backus & Johnston Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.35 -31.18 -37.20 -79.22 -146.64

Union de Cervecerias Peruanas Backus & Johnston Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 -18.35 -31.18 -37.20 -79.22 -146.64

Competitive Comparison of Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle

For the Beverages - Brewers subindustry, Union de Cervecerias Peruanas Backus & Johnston'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.


Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle falls into.



Union de Cervecerias Peruanas Backus & Johnston 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.

Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=17.62+59.48-223.74
=-146.64

Union de Cervecerias Peruanas Backus & Johnston's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=17.62+59.48-223.74
=-146.64

* 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.


Union de Cervecerias Peruanas Backus & Johnston  (LIM:BACKUBC1) 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.


Union de Cervecerias Peruanas Backus & Johnston Cash Conversion Cycle Related Terms

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Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUBC1) Business Description

Traded in Other Exchanges
N/A
Address
Av. Nicolas Ayllon Number 3986, Ate, Lima, PER
Union de Cervecerias Peruanas Backus & Johnston SA produces, sells and distributes malt liquors and malt soft drinks and carbonated water. The company operates domestically. It provides products under the Crystal, Pilsen Callao, Cusquena, Backus Ice, Pilsen Trujillo, Arequipa, San Juan, Real Fiesta, Abraxas, Miller Genuine Draft, Peroni Nastro Azzurro, Grolsch, Saint Matthew, Guarana Backus, Maltin Power, Viva Backus, and Water Tonic Backus brands.

Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUBC1) Headlines

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