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Investcorp Capital (ADX:ICAP) Cash Conversion Cycle : 358.48 (As of Jun. 2024)


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What is Investcorp Capital Cash Conversion Cycle?

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

Investcorp Capital's Days Sales Outstanding for the six months ended in Jun. 2024 was 358.48.
Investcorp Capital's Days Inventory for the six months ended in Jun. 2024 was .
Investcorp Capital's Days Payable for the six months ended in Jun. 2024 was .
Therefore, Investcorp Capital's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was 358.48.


Investcorp Capital Cash Conversion Cycle Historical Data

The historical data trend for Investcorp Capital'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.

Investcorp Capital Cash Conversion Cycle Chart

Investcorp Capital Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
407.39 442.88 216.15 413.18

Investcorp Capital Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash Conversion Cycle Get a 7-Day Free Trial - 349.47 213.79 469.60 358.48

Competitive Comparison of Investcorp Capital's Cash Conversion Cycle

For the Asset Management subindustry, Investcorp Capital'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.


Investcorp Capital's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investcorp Capital's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Investcorp Capital's Cash Conversion Cycle falls into.



Investcorp Capital 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.

Investcorp Capital's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=413.18+0-0
=413.18

Investcorp Capital's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=358.48+-
=358.48

* 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.


Investcorp Capital  (ADX:ICAP) 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.


Investcorp Capital Cash Conversion Cycle Related Terms

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Investcorp Capital Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Al Sila Tower 8th Floor, P.O. Box 36961, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, ARE
Investcorp Capital PLC is a company whose main purpose is providing of capital and capital financing services in the alternative investments industry. The company has two reportable segments: Capital Financing Services and Capital Deployment.

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