Refinaria De Petroleos Manguinhos (BSP:RPMG3) Cash Conversion Cycle: 185.12 (As of Jun. 2025)


BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
50 GF Score
Price R$1.20
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What is Refinaria De Petroleos Manguinhos Cash Conversion Cycle?

Refinaria De Petroleos Manguinhos BSP:RPMG3 -1.64% 50 Cash Conversion Cycle is 185.12 as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 50/100.

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

Refinaria De Petroleos Manguinhos's Days Sales Outstanding for the three months ended in Jun. 2025 was 101.93.
Refinaria De Petroleos Manguinhos's Days Inventory for the three months ended in Jun. 2025 was 91.4.
Refinaria De Petroleos Manguinhos's Days Payable for the three months ended in Jun. 2025 was 8.21.
Therefore, Refinaria De Petroleos Manguinhos's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2025 was 185.12.


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) 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.


Refinaria De Petroleos Manguinhos Cash Conversion Cycle Related Terms


Refinaria De Petroleos Manguinhos Cash Conversion Cycle Historical Data

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The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Cash Conversion Cycle Chart

Refinaria De Petroleos Manguinhos 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 333.91 262.17 144.28 160.24 164.33

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 194.82 160.95 150.67 204.06 185.12

BSP:RPMG3 vs VLO, MPC, PSX: Cash Conversion Cycle Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Refinaria De Petroleos Manguinhos's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Refinaria De Petroleos Manguinhos's Cash Conversion Cycle falls into.


BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos 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.

Refinaria De Petroleos Manguinhos'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
=69.4+100.55-5.62
=164.33

Refinaria De Petroleos Manguinhos's Cash Conversion Cycle for the quarter that ended in Jun. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=101.93+91.4-8.21
=185.12

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 185.12 mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Cash Conversion Cycle of 185.12 as of Jun. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Refinaria De Petroleos Manguinhos and its competitors.
Is Refinaria De Petroleos Manguinhos' Cash Conversion Cycle too high?
Refinaria De Petroleos Manguinhos' current Cash Conversion Cycle is 185.12. The Oil & Gas industry median Cash Conversion Cycle is 18.25. Refinaria De Petroleos Manguinhos' value of 185.12 is 914.4% above this industry median. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Cash Conversion Cycle compare to VLO and MPC?
Refinaria De Petroleos Manguinhos' Cash Conversion Cycle of 185.12 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.25. Refinaria De Petroleos Manguinhos' value of 185.12 is 914.4% above 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.25, based on 917 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. Refinaria De Petroleos Manguinhos's current Cash Conversion Cycle of 185.12 is 914.4% above 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 Refinaria De Petroleos Manguinhos and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refinaria De Petroleos Manguinhos's current Cash Conversion Cycle is 185.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a current Cash Conversion Cycle of 185.12. The current Cash Conversion Cycle is 185.12 and 914.4% above the Oil & Gas industry median of 18.25. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Cash Conversion Cycle is 185.12 as of Jun. 2025. 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.

Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
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