GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anadolu Efes Biracilik ve Malt Sanayi AS (OTCPK:AEBZY) » Definitions » Cash Conversion Cycle

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Cash Conversion Cycle : 7.73 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Anadolu Efes Biracilik ve Maltnayi AS Cash Conversion Cycle?

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

Anadolu Efes Biracilik ve Maltnayi AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.21.
Anadolu Efes Biracilik ve Maltnayi AS's Days Inventory for the three months ended in Dec. 2023 was 64.14.
Anadolu Efes Biracilik ve Maltnayi AS's Days Payable for the three months ended in Dec. 2023 was 92.62.
Therefore, Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 7.73.


Anadolu Efes Biracilik ve Maltnayi AS Cash Conversion Cycle Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi AS'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.

Anadolu Efes Biracilik ve Maltnayi AS Cash Conversion Cycle Chart

Anadolu Efes Biracilik ve Maltnayi AS 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 -19.42 -38.15 -47.17 -9.76 0.04

Anadolu Efes Biracilik ve Maltnayi AS 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 -1.96 -2.14 1.21 0.52 7.73

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.


Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle falls into.



Anadolu Efes Biracilik ve Maltnayi AS 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.

Anadolu Efes Biracilik ve Maltnayi AS'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
=31.58+84.75-116.29
=0.04

Anadolu Efes Biracilik ve Maltnayi AS'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
=36.21+64.14-92.62
=7.73

* 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.


Anadolu Efes Biracilik ve Maltnayi AS  (OTCPK:AEBZY) 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.


Anadolu Efes Biracilik ve Maltnayi AS Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Anadolu Efes Biracilik ve Maltnayi AS's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Headlines