>
Switch to:

# Cash Conversion Cycle

: 0.00 (As of . 20)
View and export this data going back to 1990. Start your Free Trial

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

's Days Sales Outstanding for the six months ended in . 20 was .
's Days Inventory for the six months ended in . 20 was .
's Days Payable for the six months ended in . 20 was .
Therefore, 's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.

## Cash Conversion Cycle Historical Data

The historical data trend for '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.

Annual Data
Trend
Cash Conversion Cycle

 Semi-Annual Data Cash Conversion Cycle

## 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.

's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

 Cash Conversion Cycle = Days Sales Outstanding + Days Inventory - Days Payable = + - = 0.00

's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

 Cash Conversion Cycle = Days Sales Outstanding + Days Inventory - Days Payable = + - = 0.00

* 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.

(:) 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.

## Cash Conversion Cycle Related Terms

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

Industry
» NAICS : SIC :
Comparable Companies
N/A
N/A
Website

From GuruFocus

###### Anaconda Mining Identifies New Mineralized Systems at Point Rousse, Intersecting 2.09 G/T Over 5.7 Metres and 1.38 G/T Over 5.7 Metres

By ACCESSWIRE 03-31-2022

###### AlzeCure Pharma Publishes its Annual Report for 2021

By ACCESSWIRE 04-06-2022

###### Horizonte Minerals PLC Announces Completion of Fundraise

By ACCESSWIRE 03-31-2022

###### Love Hemp Group PLC Announces Result of General Meeting

By ACCESSWIRE 04-01-2022

###### Notice of Annual General Meeting 2022

By ACCESSWIRE 04-04-2022

###### CTT Systems AB (publ.) - Annual Report 2021

By ACCESSWIRE 03-31-2022

###### Abrdn U.S. Closed-End Funds Announce Release of U.S. Closed End Funds Monthly Factsheets

By ACCESSWIRE 04-05-2022

###### Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Results of Annual Meeting of Shareholders

By ACCESSWIRE 04-01-2022

###### Jadestone Energy PLC Announces Canadian reporting status and Notice of Results

By ACCESSWIRE 04-06-2022

###### 1933 Industries Reports Second Quarter 2022 Financial Results

By ACCESSWIRE 04-01-2022

Other Sources

###### 3 Charts That Show Why the Best Time to Sell Your Home Is Here

By Fool 2022-04-06

###### Here's How to Squeeze an Extra 24% Out of Social Security

By Fool 2022-04-04

###### 2 Reasons You Shouldn't Add a Gold ETF to Your Portfolio

By Fool 2022-04-05

###### Housing Inventory Is Extremely Low. Will More Homes Hit in 2022?

By Fool 2022-04-05

###### Claiming Social Security at 62 Will Slash Your Benefits. Here's Why You Should Sign Up Then Anyway.

By Fool 2022-04-06

###### 3 Retirement Accounts That Can Help You Go Beyond a 401(k)

By Fool 2022-04-04

###### Elon Musk is Now Twitter's Biggest Shareholder

By Fool 2022-04-04

###### 71% of Americans Worry Inflation Will Affect Their Retirement. Here's What to Do if You Feel the Same.

By Fool 2022-04-06

###### Are ETFs the Best Way to Diversify?

By Fool 2022-04-04

###### Is Now Really the Time to Be Buying Stocks?

By Fool 2022-04-05

###### Dimon Warns Inflation and War "Dramatically Increase Risks Ahead"

By Fool 2022-04-04

###### Exactly How I'd Invest \$5,000 If I Had to Start From Scratch Today

By Fool 2022-04-04

###### Why You Should Invest in Real Estate Investment Trusts

By Fool 2022-04-05

###### 3 Changes to Social Security You Probably Didn't Know About

By Fool 2022-04-05

###### EV Manufacturer Polestar Lands Major Deal With Hertz

By Fool 2022-04-04

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)