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Mundial - Produtos De Consumo (BSP:MNDL3) Cash Conversion Cycle : 173.64 (As of Dec. 2023)


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What is Mundial - Produtos De Consumo Cash Conversion Cycle?

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

Mundial - Produtos De Consumo's Days Sales Outstanding for the three months ended in Dec. 2023 was 103.72.
Mundial - Produtos De Consumo's Days Inventory for the three months ended in Dec. 2023 was 130.39.
Mundial - Produtos De Consumo's Days Payable for the three months ended in Dec. 2023 was 60.47.
Therefore, Mundial - Produtos De Consumo's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 173.64.


Mundial - Produtos De Consumo Cash Conversion Cycle Historical Data

The historical data trend for Mundial - Produtos De Consumo'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.

Mundial - Produtos De Consumo Cash Conversion Cycle Chart

Mundial - Produtos De Consumo 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 134.99 144.94 148.95 186.99 189.47

Mundial - Produtos De Consumo 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 179.65 191.91 184.58 175.38 173.64

Competitive Comparison of Mundial - Produtos De Consumo's Cash Conversion Cycle

For the Household & Personal Products subindustry, Mundial - Produtos De Consumo'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.


Mundial - Produtos De Consumo's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mundial - Produtos De Consumo's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mundial - Produtos De Consumo's Cash Conversion Cycle falls into.



Mundial - Produtos De Consumo 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.

Mundial - Produtos De Consumo'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
=107.22+139.15-56.9
=189.47

Mundial - Produtos De Consumo'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
=103.72+130.39-60.47
=173.64

* 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.


Mundial - Produtos De Consumo  (BSP:MNDL3) 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.


Mundial - Produtos De Consumo Cash Conversion Cycle Related Terms

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Mundial - Produtos De Consumo (BSP:MNDL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Carlos Gomes, 222, Porto Alegre, RS, BRA, 90480000
Mundial SA - Produtos De Consumo manufactures and markets cutlery, fashion and beauty care products for professional and home use. Its products include cutleries, table sets, utensils, scissors, brushes, eyelets, ornaments and buckles, clippers, tweezers, fashion accessories as well as knives, cutlery, kitchen utensils, and bike pumps.

Mundial - Produtos De Consumo (BSP:MNDL3) Headlines

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