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Ennore Coke (BOM:512369) Cash Conversion Cycle : 0.00 (As of Dec. 2017)


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What is Ennore Coke Cash Conversion Cycle?

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

Ennore Coke's Days Sales Outstanding for the three months ended in Dec. 2017 was 0.
Ennore Coke's Days Inventory for the three months ended in Dec. 2017 was 0.
Ennore Coke's Days Payable for the three months ended in Dec. 2017 was 0.
Therefore, Ennore Coke's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was 0.00.


Ennore Coke Cash Conversion Cycle Historical Data

The historical data trend for Ennore Coke'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.

Ennore Coke Cash Conversion Cycle Chart

Ennore Coke Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 164.49 112.10 166.10 623.72 6,887.13

Ennore Coke Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -1,757.31 -321.15 576.69 - -

Competitive Comparison of Ennore Coke's Cash Conversion Cycle

For the Coking Coal subindustry, Ennore Coke'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.


Ennore Coke's Cash Conversion Cycle Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ennore Coke's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ennore Coke's Cash Conversion Cycle falls into.



Ennore Coke 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.

Ennore Coke's Cash Conversion Cycle for the fiscal year that ended in Mar. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=7232.2+169.7-514.77
=6,887.13

Ennore Coke's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Ennore Coke  (BOM:512369) 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.


Ennore Coke Cash Conversion Cycle Related Terms

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Ennore Coke (BOM:512369) Business Description

Traded in Other Exchanges
N/A
Address
Number 4, Lady Desika Road, Mookambika Complex, 6th Floor, Mylapore, Chennai, TN, IND, 600004
Ennore Coke Ltd is an Indian company which is engaged in manufacturing and trading of coke/coal. It is also engaged in power generation. The company focuses on manufacturing and marketing Low Ash Metallurgical Coke which is used as a fuel and reducing agent in the production of iron, steel, ferroalloys, elemental phosphorus, calcium carbide and numerous other processes.

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