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Fator Ore Asset Gestora de Recursosa. (BSP:WTSP11B) Cash Conversion Cycle : -47.49 (As of Dec. 2022)


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What is Fator Ore Asset Gestora de Recursosa. Cash Conversion Cycle?

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

Fator Ore Asset Gestora de Recursosa.'s Days Sales Outstanding for the six months ended in Dec. 2022 was 0.
Fator Ore Asset Gestora de Recursosa.'s Days Inventory for the six months ended in Dec. 2022 was 0.
Fator Ore Asset Gestora de Recursosa.'s Days Payable for the six months ended in Dec. 2022 was 47.49.
Therefore, Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was -47.49.


Fator Ore Asset Gestora de Recursosa. Cash Conversion Cycle Historical Data

The historical data trend for Fator Ore Asset Gestora de Recursosa.'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.

Fator Ore Asset Gestora de Recursosa. Cash Conversion Cycle Chart

Fator Ore Asset Gestora de Recursosa. Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
- 222.70 137.88 -47.49

Fator Ore Asset Gestora de Recursosa. Semi-Annual Data
Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle - 222.70 137.88 -47.49

Competitive Comparison of Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle

For the Asset Management subindustry, Fator Ore Asset Gestora de Recursosa.'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.


Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle falls into.



Fator Ore Asset Gestora de Recursosa. 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.

Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-47.49
=-47.49

Fator Ore Asset Gestora de Recursosa.'s Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-47.49
=-47.49

* 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.


Fator Ore Asset Gestora de Recursosa.  (BSP:WTSP11B) 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.


Fator Ore Asset Gestora de Recursosa. Cash Conversion Cycle Related Terms

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Fator Ore Asset Gestora de Recursosa. (BSP:WTSP11B) Business Description

Traded in Other Exchanges
Address
Av. Paulista, n 1.728, 2nd to 4th, 7th and 11th Floors, Bela Vista, Ourinvest Building, Sao Paulo, SP, BRA, CEP 01310-919
Fator Ore Asset Gestora de Recursos Ltda. is an asset management company engaged in fund managing activities.

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