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Sea Oil PCL (BKK:SEAOIL) Cash Conversion Cycle : 4.00 (As of Mar. 2025)


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What is Sea Oil PCL Cash Conversion Cycle?

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

Sea Oil PCL's Days Sales Outstanding for the three months ended in Mar. 2025 was 28.37.
Sea Oil PCL's Days Inventory for the three months ended in Mar. 2025 was 0.13.
Sea Oil PCL's Days Payable for the three months ended in Mar. 2025 was 24.5.
Therefore, Sea Oil PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 4.00.


Sea Oil PCL Cash Conversion Cycle Historical Data

The historical data trend for Sea Oil 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.

Sea Oil PCL Cash Conversion Cycle Chart

Sea Oil PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.41 9.94 8.10 10.73 5.91

Sea Oil 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 3.71 3.69 6.96 8.23 4.00

Competitive Comparison of Sea Oil PCL's Cash Conversion Cycle

For the Oil & Gas Refining & Marketing subindustry, Sea Oil 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.


Sea Oil PCL's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea Oil PCL's Cash Conversion Cycle distribution charts can be found below:

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


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Sea Oil 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.

Sea Oil 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
=23.79+0.1-17.98
=5.91

Sea Oil 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
=28.37+0.13-24.5
=4.00

* 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.


Sea Oil PCL  (BKK:SEAOIL) 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.


Sea Oil PCL Cash Conversion Cycle Related Terms

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


Sea Oil PCL Business Description

Industry
Traded in Other Exchanges
Address
Debaratana Road, 88 Soi Bangna-Trat 30, Bang Na-Tai Sub-district, Bang Na district, Bangkok, THA, 10260
Sea Oil PCL engaged in the retail sale of fuel oil and lubricant oil. The company also provides service and supply management for clients in the oil industry's exploration and productions. The operating segments of the company are; Maritime sales of fuel oil and lubricant oil, Land sales and other channels' sales of fuel oil and lubricant oil, Catering service which provides service and supply management for clients in the oil industry's exploration and production, and Lease of solvent and petrochemical factory. The company derives the majority of its revenue from the Maritime sales of fuel oil and lubricant oil segment.

Sea Oil PCL Headlines

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