Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) 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.
Erbosan Erciyas Borunayii ve Ticaret AS Cash Conversion Cycle Related Terms
Erbosan Erciyas Borunayii ve Ticaret 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.
Erbosan Erciyas Borunayii ve Ticaret AS Cash Conversion Cycle Chart
Erbosan Erciyas Borunayii ve Ticaret AS Annual Data
IST:ERBOS vs ATI, CRS, MLI: Cash Conversion Cycle Comparison
For the Metal Fabrication subindustry, Erbosan Erciyas Borunayii 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.
Erbosan Erciyas Borunayii ve Ticaret AS Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Erbosan Erciyas Borunayii ve Ticaret AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Erbosan Erciyas Borunayii ve Ticaret AS's Cash Conversion Cycle falls into.
Erbosan Erciyas Borunayii 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.
* 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.
Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) has a Cash Conversion Cycle of 190.15 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Erbosan Erciyas Borunayii ve Ticaret AS and its competitors.
Is Erbosan Erciyas Borunayii ve Ticaret AS's Cash Conversion Cycle too high?
Erbosan Erciyas Borunayii ve Ticaret AS's current Cash Conversion Cycle is 190.15. The Industrial Products industry median Cash Conversion Cycle is 122.29. Erbosan Erciyas Borunayii ve Ticaret AS's value of 190.15 is 55.5% above this industry median. Overall, Erbosan Erciyas Borunayii ve Ticaret AS has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Erbosan Erciyas Borunayii ve Ticaret AS's Cash Conversion Cycle compare to ATI and CRS?
Erbosan Erciyas Borunayii ve Ticaret AS's Cash Conversion Cycle of 190.15 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Erbosan Erciyas Borunayii ve Ticaret AS's value of 190.15 is 55.5% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,032 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. Erbosan Erciyas Borunayii ve Ticaret AS's current Cash Conversion Cycle of 190.15 is 55.5% 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 Erbosan Erciyas Borunayii ve Ticaret AS and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erbosan Erciyas Borunayii ve Ticaret AS's current Cash Conversion Cycle is 190.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erbosan Erciyas Borunayii ve Ticaret AS stock overvalued right now?
Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) has a current Cash Conversion Cycle of 190.15. The current Cash Conversion Cycle is 190.15 and 55.5% above the Industrial Products industry median of 122.29. Erbosan Erciyas Borunayii ve Ticaret AS's overall GF Score™ is 80/100. 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 Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS), the current Cash Conversion Cycle is 190.15 as of Mar. 2025. 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.
Erbosan Erciyas Borunayii ve Ticaret AS Business Description
Erbosan Erciyas Boru Sanayii ve Ticaret AS is a Turkey-based company engaged mainly in the business of manufacturing pipes. The product portfolio of the company includes Black Pipes, Galvanized Pipes, Hollow Sections, Gas and Line Pipes, Industrial Tubes and Sprinkler Pipes.
80GF Score
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