Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) 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.
Bagfas Bandirma Gubre Fabrikalari AS Cash Conversion Cycle Related Terms
Bagfas Bandirma Gubre Fabrikalari AS Cash Conversion Cycle Historical Data
* 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.
Bagfas Bandirma Gubre Fabrikalari AS Cash Conversion Cycle Chart
IST:BAGFS vs CTVA, CF, MOS: Cash Conversion Cycle Comparison
For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari AS'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.
Bagfas Bandirma Gubre Fabrikalari AS Cash Conversion Cycle vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Cash Conversion Cycle falls into.
Bagfas Bandirma Gubre Fabrikalari AS 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.
* 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.
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a Cash Conversion Cycle of 172.00 as of Dec. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors.
Is Bagfas Bandirma Gubre Fabrikalari AS's Cash Conversion Cycle too high?
Bagfas Bandirma Gubre Fabrikalari AS's current Cash Conversion Cycle is 172.00. The Agriculture industry median Cash Conversion Cycle is 100.08. Bagfas Bandirma Gubre Fabrikalari AS's value of 172.00 is 71.9% above this industry median. Overall, Bagfas Bandirma Gubre Fabrikalari AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Bagfas Bandirma Gubre Fabrikalari AS's Cash Conversion Cycle compare to CTVA and CF?
Bagfas Bandirma Gubre Fabrikalari AS's Cash Conversion Cycle of 172.00 can be compared against companies in the Agriculture industry. The industry median Cash Conversion Cycle is 100.08. Bagfas Bandirma Gubre Fabrikalari AS's value of 172.00 is 71.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Agriculture company?
The median Cash Conversion Cycle among Agriculture companies is 100.08, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bagfas Bandirma Gubre Fabrikalari AS's current Cash Conversion Cycle of 172.00 is 71.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors. For the Agriculture industry, the median Cash Conversion Cycle is 100.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bagfas Bandirma Gubre Fabrikalari AS's current Cash Conversion Cycle is 172.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagfas Bandirma Gubre Fabrikalari AS stock overvalued right now?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a current Cash Conversion Cycle of 172.00. The current Cash Conversion Cycle is 172.00 and 71.9% above the Agriculture industry median of 100.08. Bagfas Bandirma Gubre Fabrikalari AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS), the current Cash Conversion Cycle is 172.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bagfas Bandirma Gubre Fabrikalari AS Business Description
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.
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