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Simonds Farsons Cisk (MAL:SFC) Cash Conversion Cycle : 129.47 (As of Jul. 2023)


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What is Simonds Farsons Cisk Cash Conversion Cycle?

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

Simonds Farsons Cisk's Days Sales Outstanding for the six months ended in Jul. 2023 was 60.63.
Simonds Farsons Cisk's Days Inventory for the six months ended in Jul. 2023 was 108.14.
Simonds Farsons Cisk's Days Payable for the six months ended in Jul. 2023 was 39.3.
Therefore, Simonds Farsons Cisk's Cash Conversion Cycle (CCC) for the six months ended in Jul. 2023 was 129.47.


Simonds Farsons Cisk Cash Conversion Cycle Historical Data

The historical data trend for Simonds Farsons Cisk'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.

Simonds Farsons Cisk Cash Conversion Cycle Chart

Simonds Farsons Cisk Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.63 114.11 145.97 114.61 119.59

Simonds Farsons Cisk Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 112.94 116.05 101.85 135.84 129.47

Competitive Comparison of Simonds Farsons Cisk's Cash Conversion Cycle

For the Beverages - Brewers subindustry, Simonds Farsons Cisk'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.


Simonds Farsons Cisk's Cash Conversion Cycle Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Simonds Farsons Cisk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Simonds Farsons Cisk's Cash Conversion Cycle falls into.



Simonds Farsons Cisk 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.

Simonds Farsons Cisk's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.84+99.1-36.35
=119.59

Simonds Farsons Cisk's Cash Conversion Cycle for the quarter that ended in Jul. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=60.63+108.14-39.3
=129.47

* 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.


Simonds Farsons Cisk  (MAL:SFC) 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.


Simonds Farsons Cisk Cash Conversion Cycle Related Terms

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Simonds Farsons Cisk (MAL:SFC) Business Description

Traded in Other Exchanges
N/A
Address
The Brewery, Mdina Road, Zone 2, Central Business District, Birkirkara, MLT, CBD 2010
Simonds Farsons Cisk PLC engages in the brewing, production, and sale of beers and beverages in Malta. The company's segments include Brewing, production, and sale of branded beers and beverages; Importation, Wholesale and retail of food, beverages, including wines and spirits, and Operation of franchised food retailing establishments. It generates maximum revenue from the Brewing, production segment. The company offers beers, ciders, champagnes, soft drinks, bottled water, and others; and imports, wholesales, and retails food and beverages, including wines and spirits.

Simonds Farsons Cisk (MAL:SFC) Headlines

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