Prosus NV (Prosus NV) Cash Conversion Cycle : 30.35 (As of Sep. 2023)

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What is Prosus NV Cash Conversion Cycle?

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

Prosus NV's Days Sales Outstanding for the six months ended in Sep. 2023 was 35.74.
Prosus NV's Days Inventory for the six months ended in Sep. 2023 was 35.53.
Prosus NV's Days Payable for the six months ended in Sep. 2023 was 40.92.
Therefore, Prosus NV's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 30.35.

Prosus NV Cash Conversion Cycle Historical Data

The historical data trend for Prosus NV'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.

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Prosus NV Cash Conversion Cycle Chart

Prosus NV Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash Conversion Cycle

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0.59

-1.11

3.98

13.35

23.42

Prosus NV Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash Conversion Cycle	Get a 7-Day Free Trial								9.45	15.82	32.88	27.14	30.35

Competitive Comparison of Prosus NV's Cash Conversion Cycle

For the Internet Content & Information subindustry, Prosus NV'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.

Prosus NV's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Prosus NV's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Prosus NV's Cash Conversion Cycle falls into.

Prosus NV 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.

Prosus NV's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	28.36	+	35.27	-	40.21
	=	23.42

Prosus NV's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	35.74	+	35.53	-	40.92
	=	30.35

Prosus NV (OTCPK:PROSF) 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.

Prosus NV Cash Conversion Cycle Related Terms

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Prosus NV (Prosus NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Prosus NV (OTCPK:PROSF) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

PRX:South Africa PROSY:USA PRX:Netherlands PRX:Mexico PRXa:UK 0A28:UK 1TY:Germany

Address

Gustav Mahlerplein 5, Symphony Offices, Amsterdam, NH, NLD, 1082 MS

Website

https://www.prosus.com

Prosus NV is a consumer internet group operating across a variety of platforms and geographies. The group's businesses operate in China, India, Russia, Central and Eastern Europe, North America, Latin America, Southeast Asia, the Middle East, and Africa. The group's businesses and investments are organized around the following segments: Ecommerce, which comprises its interests in Classifieds, Payments, and Fintech, Food Delivery, Etail, Travel, and other Ecommerce, Social and Internet Platforms, which comprises its interests in Tencent and Mail.ru Group and Corporate which relates to group-level corporate services and treasury function.