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CSMSF (CosmoSteel Holdings) Cash Conversion Cycle : 186.14 (As of Mar. 2025)


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What is CosmoSteel Holdings Cash Conversion Cycle?

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

CosmoSteel Holdings's Days Sales Outstanding for the six months ended in Mar. 2025 was 146.25.
CosmoSteel Holdings's Days Inventory for the six months ended in Mar. 2025 was 68.63.
CosmoSteel Holdings's Days Payable for the six months ended in Mar. 2025 was 28.74.
Therefore, CosmoSteel Holdings's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2025 was 186.14.


CosmoSteel Holdings Cash Conversion Cycle Historical Data

The historical data trend for CosmoSteel Holdings'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.

CosmoSteel Holdings Cash Conversion Cycle Chart

CosmoSteel Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.80 511.55 387.02 209.70 268.52

CosmoSteel Holdings Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 173.21 314.98 261.56 284.13 186.14

Competitive Comparison of CosmoSteel Holdings's Cash Conversion Cycle

For the Industrial Distribution subindustry, CosmoSteel Holdings'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.


CosmoSteel Holdings's Cash Conversion Cycle Distribution in the Industrial Distribution Industry

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

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


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CosmoSteel Holdings 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.

CosmoSteel Holdings's Cash Conversion Cycle for the fiscal year that ended in Sep. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=171.82+144.27-47.57
=268.52

CosmoSteel Holdings's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=146.25+68.63-28.74
=186.14

* 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.


CosmoSteel Holdings  (OTCPK:CSMSF) 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.


CosmoSteel Holdings Cash Conversion Cycle Related Terms

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CosmoSteel Holdings Business Description

Traded in Other Exchanges
Address
14 Lok Yang Way, Singapore, SGP, 628633
CosmoSteel Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the sale, supply, and machining of flanges, steel fittings, tubings, and pipes for main industries. Its operating segment includes Energy, Marine, Trading, and others. The company generates maximum revenue from the Energy segment which caters to oil and gas, engineering and construction, petrochemical, and power sectors. Geographically, the company generates a majority of its revenue from Singapore and the rest from Brunei, Vietnam, and other regions.

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