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Asian Hotels (West) (BOM:533221) Cash Conversion Cycle : -116.05 (As of Dec. 2020)


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What is Asian Hotels (West) Cash Conversion Cycle?

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

Asian Hotels (West)'s Days Sales Outstanding for the three months ended in Dec. 2020 was 17.89.
Asian Hotels (West)'s Days Inventory for the three months ended in Dec. 2020 was 45.36.
Asian Hotels (West)'s Days Payable for the three months ended in Dec. 2020 was 179.3.
Therefore, Asian Hotels (West)'s Cash Conversion Cycle (CCC) for the three months ended in Dec. 2020 was -116.05.


Asian Hotels (West) Cash Conversion Cycle Historical Data

The historical data trend for Asian Hotels (West)'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.

Asian Hotels (West) Cash Conversion Cycle Chart

Asian Hotels (West) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.90 -32.02 -33.77 -52.64 -55.78

Asian Hotels (West) Quarterly Data
Jun13 Mar14 Mar15 Mar16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -48.67 -53.08 -57.40 -159.41 -116.05

Competitive Comparison of Asian Hotels (West)'s Cash Conversion Cycle

For the Lodging subindustry, Asian Hotels (West)'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.


Asian Hotels (West)'s Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (West)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Asian Hotels (West)'s Cash Conversion Cycle falls into.



Asian Hotels (West) 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.

Asian Hotels (West)'s Cash Conversion Cycle for the fiscal year that ended in Mar. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=15.98+25.13-96.89
=-55.78

Asian Hotels (West)'s Cash Conversion Cycle for the quarter that ended in Dec. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=17.89+45.36-179.3
=-116.05

* 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.


Asian Hotels (West)  (BOM:533221) 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.


Asian Hotels (West) Cash Conversion Cycle Related Terms

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Asian Hotels (West) (BOM:533221) Business Description

Traded in Other Exchanges
N/A
Address
Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037
Asian Hotels (West) Ltd is an Indian-based company involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. They also offer ayurvedic services, body scrubs, and eye treatment in their hotels.

Asian Hotels (West) (BOM:533221) Headlines

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