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Sonargaon Textiles (DHA:SONARGAON) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Sonargaon Textiles Cash Conversion Cycle?

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

Sonargaon Textiles's Days Sales Outstanding for the six months ended in . 20 was .
Sonargaon Textiles's Days Inventory for the six months ended in . 20 was .
Sonargaon Textiles's Days Payable for the six months ended in . 20 was .
Therefore, Sonargaon Textiles's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.


Sonargaon Textiles Cash Conversion Cycle Historical Data

The historical data trend for Sonargaon Textiles'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.

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Sonargaon Textiles Cash Conversion Cycle Chart

Sonargaon Textiles Annual Data
Trend
Cash Conversion Cycle

Sonargaon Textiles Semi-Annual Data
Cash Conversion Cycle

Competitive Comparison of Sonargaon Textiles's Cash Conversion Cycle

For the Textile Manufacturing subindustry, Sonargaon Textiles'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.


Sonargaon Textiles's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sonargaon Textiles's Cash Conversion Cycle distribution charts can be found below:

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



Sonargaon Textiles 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.

Sonargaon Textiles's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Sonargaon Textiles's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* 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.


Sonargaon Textiles  (DHA:SONARGAON) 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.


Sonargaon Textiles Cash Conversion Cycle Related Terms

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Sonargaon Textiles Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Kawran Bazar, Khansons Centre, 8th & 9th Floor, Dhaka, BGD, 1215
Sonargaon Textiles Ltd is engaged in manufacturing of Yarn. It owns and operates a textile spinning mill comprising 3 Units, viz, Unit-I, Unit-2 and Unit-3 and its principal activities and operations are manufacturing of cotton yarn of different counts and sales thereof.

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