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Camil Alimentos (BSP:CAML3) Cash Conversion Cycle : 99.90 (As of Nov. 2023)


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What is Camil Alimentos Cash Conversion Cycle?

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

Camil Alimentos's Days Sales Outstanding for the three months ended in Nov. 2023 was 49.1.
Camil Alimentos's Days Inventory for the three months ended in Nov. 2023 was 95.82.
Camil Alimentos's Days Payable for the three months ended in Nov. 2023 was 45.02.
Therefore, Camil Alimentos's Cash Conversion Cycle (CCC) for the three months ended in Nov. 2023 was 99.90.


Camil Alimentos Cash Conversion Cycle Historical Data

The historical data trend for Camil Alimentos'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.

Camil Alimentos Cash Conversion Cycle Chart

Camil Alimentos Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 111.38 106.54 70.41 65.13 69.89

Camil Alimentos Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 96.85 88.58 88.82 96.96 99.90

Competitive Comparison of Camil Alimentos's Cash Conversion Cycle

For the Packaged Foods subindustry, Camil Alimentos'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.


Camil Alimentos's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Camil Alimentos's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Camil Alimentos's Cash Conversion Cycle falls into.



Camil Alimentos 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.

Camil Alimentos's Cash Conversion Cycle for the fiscal year that ended in Feb. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=45.49+72.35-47.95
=69.89

Camil Alimentos's Cash Conversion Cycle for the quarter that ended in Nov. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.1+95.82-45.02
=99.90

* 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.


Camil Alimentos  (BSP:CAML3) 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.


Camil Alimentos Cash Conversion Cycle Related Terms

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Camil Alimentos (BSP:CAML3) Business Description

Traded in Other Exchanges
N/A
Address
Av Doutora Ruth Cardoso, 8501, 12 andar, Pinheiro, Eldorado Business Tower, Sao Paulo, SP, BRA, 05425-070
Camil Alimentos SA is a consumer goods company. The company is engaged in processing, producing, packing, and distributing rice, beans, sugar, and canned fish, among other products in the food sector. It has a diversified portfolio through brands in Brazil, Uruguay, Chile, and Peru. The operating business segments are Food products - Brazil, and Food products - International Food products. The company earns maximum revenue from Food products - the Brazil segment.

Camil Alimentos (BSP:CAML3) Headlines

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