Yong Thai PCL's Days Sales Outstanding for the
three
months ended in Mar. 2021 was 22.79.
Yong Thai PCL's Days Inventory for the
three
months ended in Mar. 2021 was 37.52.
Yong Thai PCL's Days Payable for the
three
months ended in Mar. 2021 was 0.
Therefore, Yong Thai PCL's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2021 was 60.31.
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.
Yong Thai PCL Cash Conversion Cycle Related Terms
Yong Thai PCL Cash Conversion Cycle Historical Data
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The historical data trend for Yong Thai 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.
BKK:YCI-R vs APD, DD, DOW: Cash Conversion Cycle Comparison
For the Chemicals subindustry, Yong Thai 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.
Yong Thai PCL Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Yong Thai PCL's Cash Conversion Cycle falls into.
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.
Yong Thai PCL's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 is calculated as
* 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.
Yong Thai PCL (BKK:YCI-R) has a Cash Conversion Cycle of 60.31 as of Mar. 2021. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Yong Thai PCL and its competitors.
Is Yong Thai PCL's Cash Conversion Cycle too high?
Yong Thai PCL's current Cash Conversion Cycle is 60.31. The Chemicals industry median Cash Conversion Cycle is 89.08. Yong Thai PCL's value of 60.31 is 32.3% below this industry median. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's Cash Conversion Cycle compare to APD and DD?
Yong Thai PCL's Cash Conversion Cycle of 60.31 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.08. Yong Thai PCL's value of 60.31 is 32.3% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.08, based on 1,585 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. Yong Thai PCL's current Cash Conversion Cycle of 60.31 is 32.3% 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 Yong Thai PCL and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current Cash Conversion Cycle is 60.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current Cash Conversion Cycle of 60.31. The current Cash Conversion Cycle is 60.31 and 32.3% below the Chemicals industry median of 89.08. Yong Thai PCL's overall GF Score™ is 4/100 with 5 warning signs to review. 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 Yong Thai PCL (BKK:YCI-R), the current Cash Conversion Cycle is 60.31 as of Mar. 2021. 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.
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.
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