GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Gloves Thailand PCL (BKK:STGT-R) » Definitions » Cash Conversion Cycle

Sri Trang Gloves Thailand PCL (BKK:STGT-R) Cash Conversion Cycle : 92.56 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Sri Trang Gloves Thailand PCL Cash Conversion Cycle?

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

Sri Trang Gloves Thailand PCL's Days Sales Outstanding for the three months ended in Mar. 2025 was 41.51.
Sri Trang Gloves Thailand PCL's Days Inventory for the three months ended in Mar. 2025 was 77.01.
Sri Trang Gloves Thailand PCL's Days Payable for the three months ended in Mar. 2025 was 25.96.
Therefore, Sri Trang Gloves Thailand PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 92.56.


Sri Trang Gloves Thailand PCL Cash Conversion Cycle Historical Data

The historical data trend for Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand PCL Cash Conversion Cycle Chart

Sri Trang Gloves Thailand 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 69.21 74.60 85.70 83.13 81.12

Sri Trang Gloves Thailand 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 76.10 94.69 75.68 74.25 92.56

Competitive Comparison of Sri Trang Gloves Thailand PCL's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Sri Trang Gloves Thailand 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.


Sri Trang Gloves Thailand PCL's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Gloves Thailand PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sri Trang Gloves Thailand PCL's Cash Conversion Cycle falls into.


;
;

Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand 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
=37.44+68.76-25.08
=81.12

Sri Trang Gloves Thailand 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
=41.51+77.01-25.96
=92.56

* 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.


Sri Trang Gloves Thailand PCL  (BKK:STGT-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.


Sri Trang Gloves Thailand PCL Cash Conversion Cycle Related Terms

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


Sri Trang Gloves Thailand PCL Business Description

Traded in Other Exchanges
Address
No. 110 Kanjanavanit Road, Pahtong, Hat Yai, Songkhla, THA, 90230
Sri Trang Gloves Thailand PCL manufactures and distributes rubber gloves. The company manufactures natural latex and nitrile examination gloves as well as general-purpose disposable gloves, both powdered and powder-free. There are two reportable segments such as Gloves and Other businesses. Gloves segment which also generates the majority of the revenue, manufactures and sells powdered, powder-free, and nitrile latex gloves. The other businesses segment includes the Engineering business which is engaged in the engineering services including research and development of machinery and production processes, and also providing information system services and the Financial asset management and financial investment. Operates in Asia, North America, South America, Europe.

Sri Trang Gloves Thailand PCL Headlines

No Headlines