GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ibn Alhaytham Hospital (AMM:IBNH) » Definitions » Cash Conversion Cycle

Ibn Alhaytham Hospital (AMM:IBNH) Cash Conversion Cycle : 268.98 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Ibn Alhaytham Hospital Cash Conversion Cycle?

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

Ibn Alhaytham Hospital's Days Sales Outstanding for the three months ended in Sep. 2024 was 352.2.
Ibn Alhaytham Hospital's Days Inventory for the three months ended in Sep. 2024 was 92.16.
Ibn Alhaytham Hospital's Days Payable for the three months ended in Sep. 2024 was 175.38.
Therefore, Ibn Alhaytham Hospital's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 268.98.


Ibn Alhaytham Hospital Cash Conversion Cycle Historical Data

The historical data trend for Ibn Alhaytham Hospital'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.

Ibn Alhaytham Hospital Cash Conversion Cycle Chart

Ibn Alhaytham Hospital 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 153.94 176.94 205.78 258.80 285.07

Ibn Alhaytham Hospital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 240.31 338.30 268.87 280.98 268.98

Competitive Comparison of Ibn Alhaytham Hospital's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Ibn Alhaytham Hospital'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.


Ibn Alhaytham Hospital's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ibn Alhaytham Hospital's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ibn Alhaytham Hospital's Cash Conversion Cycle falls into.



Ibn Alhaytham Hospital 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.

Ibn Alhaytham Hospital'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
=382.92+68.78-166.63
=285.07

Ibn Alhaytham Hospital's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=352.2+92.16-175.38
=268.98

* 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.


Ibn Alhaytham Hospital  (AMM:IBNH) 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.


Ibn Alhaytham Hospital Cash Conversion Cycle Related Terms

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


Ibn Alhaytham Hospital Business Description

Traded in Other Exchanges
N/A
Address
Al-Madina Al-Munawwarah Street, P.O. Box 94614, Amman - Tlaa Ali, Amman, JOR, 11194
Ibn Alhaytham Hospital operates as a hospital in Jordan. The Company's main objectives is to found and establish a hospital for general casses And especially ophthalmology, Otorhinolaryngology, Medicine and Neurosurgery and to Import a necessary medical equipment and supplies.

Ibn Alhaytham Hospital Headlines

No Headlines