Bangkok Expressway (BKK:BECL-R) Cash Conversion Cycle: 23.04 (As of Sep. 2015)


What is Bangkok Expressway Cash Conversion Cycle?

Bangkok Expressway BKK:BECL-R Cash Conversion Cycle is 23.04 as of Sep. 2015. The stock has 2 warning signs investors should review.

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

Bangkok Expressway's Days Sales Outstanding for the three months ended in Sep. 2015 was 23.04.
Bangkok Expressway's Days Inventory for the three months ended in Sep. 2015 was .
Bangkok Expressway's Days Payable for the three months ended in Sep. 2015 was .
Therefore, Bangkok Expressway's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2015 was 23.04.


Bangkok Expressway  (BKK:BECL-R) 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.


Bangkok Expressway Cash Conversion Cycle Related Terms


Bangkok Expressway Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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.

Bangkok Expressway Cash Conversion Cycle Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 0.00 0.00 23.04

BKK:BECL-R vs GVA, PRIM: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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.


Bangkok Expressway Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Cash Conversion Cycle falls into.



Bangkok Expressway 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.

Bangkok Expressway's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

Bangkok Expressway's Cash Conversion Cycle for the quarter that ended in Sep. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=23.04+-
=23.04

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 23.04 mean?
Bangkok Expressway (BKK:BECL-R) has a Cash Conversion Cycle of 23.04 as of Sep. 2015. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bangkok Expressway and its competitors.
Is Bangkok Expressway's Cash Conversion Cycle too high?
Bangkok Expressway's current Cash Conversion Cycle is 23.04. The Construction industry median Cash Conversion Cycle is 55.82. Bangkok Expressway's value of 23.04 is 58.7% below this industry median.
How does Bangkok Expressway's Cash Conversion Cycle compare to GVA and PRIM?
Bangkok Expressway's Cash Conversion Cycle of 23.04 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Bangkok Expressway's value of 23.04 is 58.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,768 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bangkok Expressway's current Cash Conversion Cycle of 23.04 is 58.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bangkok Expressway and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Cash Conversion Cycle is 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Cash Conversion Cycle of 23.04. The current Cash Conversion Cycle is 23.04 and 58.7% below the Construction industry median of 55.82. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Bangkok Expressway (BKK:BECL-R), the current Cash Conversion Cycle is 23.04 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.