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Bashundhara Paper Mills (DHA:BPML) Cash Conversion Cycle : 270.61 (As of Dec. 2023)


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What is Bashundhara Paper Mills Cash Conversion Cycle?

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

Bashundhara Paper Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.
Bashundhara Paper Mills's Days Inventory for the three months ended in Dec. 2023 was 307.66.
Bashundhara Paper Mills's Days Payable for the three months ended in Dec. 2023 was 77.05.
Therefore, Bashundhara Paper Mills's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 270.61.


Bashundhara Paper Mills Cash Conversion Cycle Historical Data

The historical data trend for Bashundhara Paper Mills'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.

Bashundhara Paper Mills Cash Conversion Cycle Chart

Bashundhara Paper Mills Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial 342.01 443.30 386.13 329.87 279.85

Bashundhara Paper Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 309.77 273.02 294.11 254.37 270.61

Competitive Comparison of Bashundhara Paper Mills's Cash Conversion Cycle

For the Paper & Paper Products subindustry, Bashundhara Paper Mills'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.


Bashundhara Paper Mills's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Bashundhara Paper Mills's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bashundhara Paper Mills's Cash Conversion Cycle falls into.



Bashundhara Paper Mills 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.

Bashundhara Paper Mills's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=21.38+292.06-33.59
=279.85

Bashundhara Paper Mills's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=40+307.66-77.05
=270.61

* 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.


Bashundhara Paper Mills  (DHA:BPML) 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.


Bashundhara Paper Mills Cash Conversion Cycle Related Terms

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Bashundhara Paper Mills (DHA:BPML) Business Description

Traded in Other Exchanges
N/A
Address
Umme Kulsum Road, Plot No. 56/A, Block No. C, Bashundhara R/A, Dhaka, BGD, 1229
Bashundhara Paper Mills Ltd is engaged in manufacturing and marketing all kinds of paper products, tissue products, Hygienic products, feeding bottles, facial masks, paper sacks, and other consumer brand items.

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