Corporate Travel Management's Days Sales Outstanding for the
six
months ended in Dec. 2024 was 224.4.
Corporate Travel Management's Days Inventory for the
six
months ended in Dec. 2024 was 47.98.
Corporate Travel Management's Days Payable for the
six
months ended in Dec. 2024 was 7379.79.
Therefore, Corporate Travel Management's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2024 was -7,107.41.
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.
Corporate Travel Management Cash Conversion Cycle Related Terms
Corporate Travel Management Cash Conversion Cycle Historical Data
* 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.
CTMLF vs TRIP, PRSU, LIND: Cash Conversion Cycle Comparison
For the Travel Services subindustry, Corporate Travel Management'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.
Corporate Travel Management Cash Conversion Cycle vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Corporate Travel Management's Cash Conversion Cycle falls into.
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.
Corporate Travel Management's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
What does a Cash Conversion Cycle of -7,107.41 mean?
Corporate Travel Management (CTMLF) has a Cash Conversion Cycle of -7,107.41 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Corporate Travel Management and its competitors.
Is Corporate Travel Management's Cash Conversion Cycle too high?
Corporate Travel Management's current Cash Conversion Cycle is -7,107.41. Overall, Corporate Travel Management has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Travel Management's Cash Conversion Cycle compare to TRIP and PRSU?
Corporate Travel Management's Cash Conversion Cycle of -7,107.41 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.28. 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 a Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.28, based on 840 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. 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 Corporate Travel Management and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Travel Management's current Cash Conversion Cycle is -7,107.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Travel Management stock overvalued right now?
Corporate Travel Management (CTMLF) has a current Cash Conversion Cycle of -7,107.41. The current Cash Conversion Cycle is -7,107.41. Corporate Travel Management's overall GF Score™ is 8/100. 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 Corporate Travel Management (CTMLF), the current Cash Conversion Cycle is -7,107.41 as of Dec. 2024. 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.
Corporate Travel Management provides travel services for businesses and governments across the Americas, Australia and New Zealand, Europe, and Asia. The group has built scale and breadth through both organic growth and acquisitions. Corporate Travel is currently a top-five corporate travel management company globally based total transaction volumes, but it is a relative minnow in the highly fragmented USD 1 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.
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