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Continental Aerospace Technologies Holding (FRA:CTQ0) Cash Conversion Cycle : 178.33 (As of Dec. 2024)


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What is Continental Aerospace Technologies Holding Cash Conversion Cycle?

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

Continental Aerospace Technologies Holding's Days Sales Outstanding for the six months ended in Dec. 2024 was 23.96.
Continental Aerospace Technologies Holding's Days Inventory for the six months ended in Dec. 2024 was 189.01.
Continental Aerospace Technologies Holding's Days Payable for the six months ended in Dec. 2024 was 34.64.
Therefore, Continental Aerospace Technologies Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 178.33.


Continental Aerospace Technologies Holding Cash Conversion Cycle Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Cash Conversion Cycle Chart

Continental Aerospace Technologies Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.46 142.18 136.28 153.20 181.22

Continental Aerospace Technologies Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 146.92 143.61 163.96 209.76 178.33

Competitive Comparison of Continental Aerospace Technologies Holding's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.


Continental Aerospace Technologies Holding's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Cash Conversion Cycle falls into.


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Continental Aerospace Technologies Holding 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.

Continental Aerospace Technologies Holding's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=25.02+192.8-36.6
=181.22

Continental Aerospace Technologies Holding's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=23.96+189.01-34.64
=178.33

* 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.


Continental Aerospace Technologies Holding  (FRA:CTQ0) 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.


Continental Aerospace Technologies Holding Cash Conversion Cycle Related Terms

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Continental Aerospace Technologies Holding Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG
Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates majority of the revenue from United States.

Continental Aerospace Technologies Holding Headlines

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