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Shahjibazar Power Co (DHA:SPCL) Cash Conversion Cycle : 118.83 (As of Sep. 2024)


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What is Shahjibazar Power Co Cash Conversion Cycle?

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

Shahjibazar Power Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 55.59.
Shahjibazar Power Co's Days Inventory for the three months ended in Sep. 2024 was 68.26.
Shahjibazar Power Co's Days Payable for the three months ended in Sep. 2024 was 5.02.
Therefore, Shahjibazar Power Co's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 118.83.


Shahjibazar Power Co Cash Conversion Cycle Historical Data

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Cash Conversion Cycle Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 186.52 119.40 156.12 141.65 128.13

Shahjibazar Power Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 96.11 127.44 61.44 198.13 118.83

Competitive Comparison of Shahjibazar Power Co's Cash Conversion Cycle

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co's Cash Conversion Cycle Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Cash Conversion Cycle falls into.


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Shahjibazar Power Co 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.

Shahjibazar Power Co's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=80.14+69.09-21.1
=128.13

Shahjibazar Power Co's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=55.59+68.26-5.02
=118.83

* 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.


Shahjibazar Power Co  (DHA:SPCL) 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.


Shahjibazar Power Co Cash Conversion Cycle Related Terms

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Shahjibazar Power Co Business Description

Traded in Other Exchanges
N/A
Address
822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like High-Speed Diesel, High Octane Blending Component, Superior Kerosene Oil, and Motor Spirit to Bangladesh Petroleum Corporation. It derives generates revenue from only power generation.

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