GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AIRA Capital PCL (BKK:AIRA) » Definitions » Cash Conversion Cycle

AIRA Capital PCL (BKK:AIRA) Cash Conversion Cycle : 364.90 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is AIRA Capital PCL Cash Conversion Cycle?

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

AIRA Capital PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 719.58.
AIRA Capital PCL's Days Inventory for the three months ended in Mar. 2024 was 0.
AIRA Capital PCL's Days Payable for the three months ended in Mar. 2024 was 354.68.
Therefore, AIRA Capital PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 364.90.


AIRA Capital PCL Cash Conversion Cycle Historical Data

The historical data trend for AIRA Capital PCL'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.

AIRA Capital PCL Cash Conversion Cycle Chart

AIRA Capital PCL 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 564.10 331.49 399.82 584.83 422.58

AIRA Capital PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 705.01 446.22 473.30 322.52 364.90

Competitive Comparison of AIRA Capital PCL's Cash Conversion Cycle

For the Capital Markets subindustry, AIRA Capital PCL'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.


AIRA Capital PCL's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Cash Conversion Cycle distribution charts can be found below:

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



AIRA Capital PCL 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.

AIRA Capital PCL'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
=807.46+0-384.88
=422.58

AIRA Capital PCL's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=719.58+0-354.68
=364.90

* 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.


AIRA Capital PCL  (BKK:AIRA) 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.


AIRA Capital PCL Cash Conversion Cycle Related Terms

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


AIRA Capital PCL (BKK:AIRA) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319, Chamchuri Square, 12th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
AIRA Capital PCL is an investment firm providing a range of financial products under the approved licenses. It operates with five business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and property development which involves the development of properties. It derives majority income from brokerage fees, management fees and interest and dividends on investment.

AIRA Capital PCL (BKK:AIRA) Headlines

No Headlines