GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Casa Emtia Petrol Kimyevi Ve Turevleri Sanayi Ticaret AS (IST:CASA) » Definitions » Cash Conversion Cycle

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) Cash Conversion Cycle : 1,679.59 (As of Sep. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Cash Conversion Cycle?

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

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Days Sales Outstanding for the three months ended in Sep. 2022 was 763.72.
Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Days Inventory for the three months ended in Sep. 2022 was 962.54.
Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Days Payable for the three months ended in Sep. 2022 was 46.67.
Therefore, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 1,679.59.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Cash Conversion Cycle Historical Data

The historical data trend for Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS'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.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Cash Conversion Cycle Chart

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 545.49 169.03 2,044.48 37.13 20.87

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 45.85 12.01 125.58 152.73 1,679.59

Competitive Comparison of Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle

For the Specialty Retail subindustry, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret 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.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle falls into.



Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret 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.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=13.73+19.14-12
=20.87

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=763.72+962.54-46.67
=1,679.59

* 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.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS  (IST:CASA) 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.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) Business Description

Traded in Other Exchanges
N/A
Address
Cengelkoy Mh. Ulus Cd. No: 25/1, Beykoz, Istanbul, TUR
Casa Emtia Petrol Kimyevi Ve Turevleri Sanayi Ticaret AS is engaged in production of fish flour / fish oil. The company engages in juvenile fish and fish breeding. Its activity also includes real estate buying and selling.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) Headlines

No Headlines