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Carbochim (BSE:CBC) Cash Conversion Cycle : -650.23 (As of Dec. 2024)


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What is Carbochim Cash Conversion Cycle?

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

Carbochim's Days Sales Outstanding for the three months ended in Dec. 2024 was 73.15.
Carbochim's Days Inventory for the three months ended in Dec. 2024 was 516.35.
Carbochim's Days Payable for the three months ended in Dec. 2024 was 1239.73.
Therefore, Carbochim's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -650.23.


Carbochim Cash Conversion Cycle Historical Data

The historical data trend for Carbochim'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.

Carbochim Cash Conversion Cycle Chart

Carbochim 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 554.76 552.24 719.58 418.87 -114.06

Carbochim Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -150.68 -169.48 -721.89 -710.29 -650.23

Competitive Comparison of Carbochim's Cash Conversion Cycle

For the Metal Fabrication subindustry, Carbochim'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.


Carbochim's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carbochim's Cash Conversion Cycle distribution charts can be found below:

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


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Carbochim 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.

Carbochim'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
=68.85+481.56-664.47
=-114.06

Carbochim's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=73.15+516.35-1239.73
=-650.23

* 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.


Carbochim  (BSE:CBC) 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.


Carbochim Cash Conversion Cycle Related Terms

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


Carbochim Business Description

Traded in Other Exchanges
N/A
Address
Piata 1 Mai Nr. 3, Cluj-Napoca, ROU
Carbochim SA engages in the production and sale of abrasive products. Its product portfolio includes vitrified bonded grinding wheels, bakelite bonded grinding wheels, elastic bonded grinding wheels, mineral bonded abrasives, abrasive cutting and deburring grinding wheels, abrasive paper, cloth-paper combined, and volcano fiber. Its other activities include internal and external trade, services on maintenance and repair of machinery, and manufacturing and office space rental. Its products are used in various applications including machines and equipment, furniture, wood processing, rubber and plastic processing, textile and footwear processing, and the construction industry.

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