GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sociedad Quimica Y Minera De Chile SA (NYSE:SQM) » Definitions » Cash Conversion Cycle

Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Cash Conversion Cycle : 201.15 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Sociedad Quimica Y Minera De Chile Cash Conversion Cycle?

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

Sociedad Quimica Y Minera De Chile's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.77.
Sociedad Quimica Y Minera De Chile's Days Inventory for the three months ended in Dec. 2023 was 182.45.
Sociedad Quimica Y Minera De Chile's Days Payable for the three months ended in Dec. 2023 was 40.07.
Therefore, Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 201.15.


Sociedad Quimica Y Minera De Chile Cash Conversion Cycle Historical Data

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile Cash Conversion Cycle Chart

Sociedad Quimica Y Minera De Chile 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 276.56 296.46 242.39 112.64 158.27

Sociedad Quimica Y Minera De Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 103.01 164.05 170.79 172.03 201.15

Competitive Comparison of Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle falls into.



Sociedad Quimica Y Minera De Chile 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.

Sociedad Quimica Y Minera De Chile'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
=43.66+147.87-33.26
=158.27

Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=58.77+182.45-40.07
=201.15

* 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.


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) 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.


Sociedad Quimica Y Minera De Chile Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Sociedad Quimica Y Minera De Chile's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Business Description

Traded in Other Exchanges
Address
El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111