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SunCoke Energy Partners LP (SunCoke Energy Partners LP) Cash Conversion Cycle : 31.38 (As of Mar. 2019)


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What is SunCoke Energy Partners LP Cash Conversion Cycle?

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

SunCoke Energy Partners LP's Days Sales Outstanding for the three months ended in Mar. 2019 was 21.82.
SunCoke Energy Partners LP's Days Inventory for the three months ended in Mar. 2019 was 48.11.
SunCoke Energy Partners LP's Days Payable for the three months ended in Mar. 2019 was 38.55.
Therefore, SunCoke Energy Partners LP's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2019 was 31.38.


SunCoke Energy Partners LP Cash Conversion Cycle Historical Data

The historical data trend for SunCoke Energy Partners LP'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.

SunCoke Energy Partners LP Cash Conversion Cycle Chart

SunCoke Energy Partners LP 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 20.13 35.21 36.89 31.49 28.38

SunCoke Energy Partners LP Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 26.85 23.65 22.26 21.21 31.38

Competitive Comparison of SunCoke Energy Partners LP's Cash Conversion Cycle

For the Coking Coal subindustry, SunCoke Energy Partners LP'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.


SunCoke Energy Partners LP's Cash Conversion Cycle Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy Partners LP's Cash Conversion Cycle distribution charts can be found below:

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



SunCoke Energy Partners LP 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.

SunCoke Energy Partners LP'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
=18.62+44.55-34.79
=28.38

SunCoke Energy Partners LP's Cash Conversion Cycle for the quarter that ended in Mar. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=21.82+48.11-38.55
=31.38

* 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.


SunCoke Energy Partners LP  (NYSE:SXCP) 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.


SunCoke Energy Partners LP Cash Conversion Cycle Related Terms

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SunCoke Energy Partners LP (SunCoke Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Partners LP produces coke used in the blast furnace production of steel. It also provides handling and mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers. The company's operating facilities are located in the states of Illinois, Indiana, Ohio, and Virginia across the United States, and international operations in Brazil and India. At the firm's domestic and export terminals, the support system for the coal producers and end users of steel, coke and power industries is available.
Executives
Alvin Bledsoe director 801 CHERRY STREET, SUITE 3400, UNIT 20, FORT WORTH TX 76102
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Phillip Michael Hardesty director, officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Allison S Lausas officer: Vice President & Controller C/O SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Somerhalder John W Ii director 76 SOUTH MAIN STREET, AKRON OH 44308
Michael G Rippey director, officer: Chairman, President & CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
C. Scott Hobbs director FIVE TEK PARK, 9999 HAMILTON BOULEVARD, BREINIGSVILLE PA 18031
Nancy M Snyder director FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Gary P Yeaw officer: Senior Vice President 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Katherine T Gates director, officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Frederick A. Henderson director, officer: Chairman and CEO SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Mark Newman director, officer: Senior VP and CFO 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Michael J Thomson director, officer: President and COO SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Denise R Singleton director, officer: See Remarks. 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Fay West officer: Vice President and Controller 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532