GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bangkok Expressway PLC (BKK:BECL-R) » Definitions » Cash Conversion Cycle

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


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

What is Bangkok Expressway Cash Conversion Cycle?

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 Cash Conversion Cycle Historical Data

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.

* Premium members only.

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 - - - - -

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 - - - - 23.04

Competitive Comparison of Bangkok Expressway's Cash Conversion Cycle

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's Cash Conversion Cycle Distribution in the 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.


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

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


Bangkok Expressway (BKK:BECL-R) Business Description

Traded in Other Exchanges
N/A
Address
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.

Bangkok Expressway (BKK:BECL-R) Headlines

No Headlines