Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) Cash Conversion Cycle: 54.03 (As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:EMNIS Eminis Ambalaj Sanayi Ve Ticaret AS IST:EMNIS
5 GF Score
Price ₺149.90
View Full Analysis

What is Eminis Ambalajnayi Ve Ticaret AS Cash Conversion Cycle?

Eminis Ambalajnayi Ve Ticaret AS IST:EMNIS +0.20% 5 Cash Conversion Cycle is 54.03 as of Mar. 2022. GuruFocus rates IST:EMNIS with a GF Score™ of 5/100.

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

Eminis Ambalajnayi Ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2022 was 46.86.
Eminis Ambalajnayi Ve Ticaret AS's Days Inventory for the three months ended in Mar. 2022 was 49.94.
Eminis Ambalajnayi Ve Ticaret AS's Days Payable for the three months ended in Mar. 2022 was 42.77.
Therefore, Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2022 was 54.03.


Eminis Ambalajnayi Ve Ticaret AS  (IST:EMNIS) 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.


Eminis Ambalajnayi Ve Ticaret AS Cash Conversion Cycle Related Terms


Eminis Ambalajnayi Ve Ticaret AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Eminis Ambalajnayi Ve 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.

Eminis Ambalajnayi Ve Ticaret AS Cash Conversion Cycle Chart

Eminis Ambalajnayi Ve 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 -27.28 -75.49 -59.56 91.74 65.63

Eminis Ambalajnayi Ve Ticaret AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 68.33 64.97 87.06 68.52 54.03

IST:EMNIS vs BALL, AMCR, AVY: Cash Conversion Cycle Comparison

For the Packaging & Containers subindustry, Eminis Ambalajnayi Ve 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.


Eminis Ambalajnayi Ve Ticaret AS Cash Conversion Cycle vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle falls into.


IST:EMNIS
5GF Score
Eminis Ambalaj Sanayi Ve Ticaret AS IST:EMNIS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eminis Ambalajnayi Ve 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.

Eminis Ambalajnayi Ve 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
=44.67+55.46-34.5
=65.63

Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle for the quarter that ended in Mar. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=46.86+49.94-42.77
=54.03

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 54.03 mean?
Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) has a Cash Conversion Cycle of 54.03 as of Mar. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Eminis Ambalajnayi Ve Ticaret AS and its competitors.
Is Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle too high?
Eminis Ambalajnayi Ve Ticaret AS's current Cash Conversion Cycle is 54.03. The Packaging & Containers industry median Cash Conversion Cycle is 86.98. Eminis Ambalajnayi Ve Ticaret AS's value of 54.03 is 37.9% below this industry median. Overall, Eminis Ambalajnayi Ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle compare to BALL and AMCR?
Eminis Ambalajnayi Ve Ticaret AS's Cash Conversion Cycle of 54.03 can be compared against companies in the Packaging & Containers industry. The industry median Cash Conversion Cycle is 86.98. Eminis Ambalajnayi Ve Ticaret AS's value of 54.03 is 37.9% below 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 a Packaging & Containers company?
The median Cash Conversion Cycle among Packaging & Containers companies is 86.98, based on 393 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. Eminis Ambalajnayi Ve Ticaret AS's current Cash Conversion Cycle of 54.03 is 37.9% below 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 Eminis Ambalajnayi Ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Cash Conversion Cycle is 86.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eminis Ambalajnayi Ve Ticaret AS's current Cash Conversion Cycle is 54.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eminis Ambalajnayi Ve Ticaret AS stock overvalued right now?
Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS) has a current Cash Conversion Cycle of 54.03. The current Cash Conversion Cycle is 54.03 and 37.9% below the Packaging & Containers industry median of 86.98. Eminis Ambalajnayi Ve Ticaret 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 Eminis Ambalajnayi Ve Ticaret AS (IST:EMNIS), the current Cash Conversion Cycle is 54.03 as of Mar. 2022. 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.

Eminis Ambalajnayi Ve Ticaret AS Business Description

Address Dilovasi Organized Industrial Zone, Part 1, Kisim D-1003 Sokak No: 4, Dilovasi, Kocaeli, TUR, 41455
Eminis Ambalaj Sanayi Ve Ticaret AS manufactures metal and plastic containers. The company serves paint, chemical, food industries, Olive, Seasoning, Powder Beverage, and Cosmetic Industry. Its plastic products include industrial, round, angular and metal box.
5GF Score

Get the complete analysis for IST:EMNIS

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺149.90
Price