GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fugro NV (GREY:FUGRF) » Definitions » Cash Conversion Cycle

Fugro NV (Fugro NV) Cash Conversion Cycle : 24.94 (As of Jun. 2023)


View and export this data going back to . Start your Free Trial

What is Fugro NV Cash Conversion Cycle?

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

Fugro NV's Days Sales Outstanding for the six months ended in Jun. 2023 was 52.61.
Fugro NV's Days Inventory for the six months ended in Jun. 2023 was 14.43.
Fugro NV's Days Payable for the six months ended in Jun. 2023 was 42.1.
Therefore, Fugro NV's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2023 was 24.94.


Fugro NV Cash Conversion Cycle Historical Data

The historical data trend for Fugro NV'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.

Fugro NV Cash Conversion Cycle Chart

Fugro NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.63 24.82 28.97 20.80 21.60

Fugro NV Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 30.63 24.75 20.99 25.17 24.94

Competitive Comparison of Fugro NV's Cash Conversion Cycle

For the Oil & Gas Equipment & Services subindustry, Fugro NV'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.


Fugro NV's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fugro NV's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fugro NV's Cash Conversion Cycle falls into.



Fugro NV 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.

Fugro NV's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.55+14.19-49.14
=21.60

Fugro NV's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.61+14.43-42.1
=24.94

* 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.


Fugro NV  (GREY:FUGRF) 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.


Fugro NV Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Fugro NV's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Fugro NV (Fugro NV) Business Description

Industry
Traded in Other Exchanges
Address
Veurse Achterweg 10, Leidschendam, ZH, NLD, 2264 SG
Fugro NV is a provider of geo-intelligence and asset integrity solutions for construction, infrastructure, and natural resources projects. The company collects geotechnical and survey data on onshore and offshore oil fields. The business activities of the group are carried out through the Marine and Land divisions, the majority are from the Marine division. The company has four integrated regions: Europe-Africa (E-A), Americas (AM), Asia Pacific (APAC), and Middle East & India (MEI), out of which the majority is from E-A. Fugro N.V.'s client segments are oil & gas, renewables, infrastructure, and water, the majority is derived from Oil & Gas.

Fugro NV (Fugro NV) Headlines

From GuruFocus

David Herro Comments on Fugro

By Vera Yuan Vera Yuan 01-09-2015

David Herro Comments on Fugro

By Vera Yuan Vera Yuan 10-07-2014