GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prosper Engineering PCL (BKK:PROS-R) » Definitions » Cash Conversion Cycle

Prosper Engineering PCL (BKK:PROS-R) Cash Conversion Cycle : 0.16 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Prosper Engineering PCL Cash Conversion Cycle?

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

Prosper Engineering PCL's Days Sales Outstanding for the three months ended in Mar. 2025 was 59.
Prosper Engineering PCL's Days Inventory for the three months ended in Mar. 2025 was 13.33.
Prosper Engineering PCL's Days Payable for the three months ended in Mar. 2025 was 72.17.
Therefore, Prosper Engineering PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 0.16.


Prosper Engineering PCL Cash Conversion Cycle Historical Data

The historical data trend for Prosper Engineering 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.

Prosper Engineering PCL Cash Conversion Cycle Chart

Prosper Engineering PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial -11.32 17.60 17.76 1.04 -12.74

Prosper Engineering PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -7.19 -1.84 -2.10 -7.32 0.16

Competitive Comparison of Prosper Engineering PCL's Cash Conversion Cycle

For the Engineering & Construction subindustry, Prosper Engineering 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.


Prosper Engineering PCL's Cash Conversion Cycle Distribution in the Construction Industry

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

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


;
;

Prosper Engineering 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.

Prosper Engineering PCL's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=33.13+12.85-58.72
=-12.74

Prosper Engineering PCL's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=59+13.33-72.17
=0.16

* 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.


Prosper Engineering PCL  (BKK:PROS-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.


Prosper Engineering PCL Cash Conversion Cycle Related Terms

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


Prosper Engineering PCL Business Description

Traded in Other Exchanges
Address
Nakniwat Road, No. 11 Soi Nakniwat 20, Ladphrao, Bangkok, THA, 10230
Prosper Engineering PCL is a provider of electrical and communication systems, air conditioning and ventilation system, sanitary and fire protection system distribution of materials for M&E systems and maintenance services after completion of installation and architectural works. It operates and installs engineering systems in various types of buildings, shopping centers, large superstores, product distribution centers, mobile telephone network centers, information centers, residential buildings, office buildings, government and public sector buildings, hospitals, and industrial factories. The company has two segments: M&E engineering Segment and Civil & Structure Engineering Segment. It derives maximum revenue from M&E engineering Segment.

Prosper Engineering PCL Headlines

No Headlines