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Koc Metalurji AS (IST:KOCMT) Cash Conversion Cycle : 8.61 (As of Dec. 2024)


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What is Koc Metalurji AS Cash Conversion Cycle?

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

Koc Metalurji AS's Days Sales Outstanding for the three months ended in Dec. 2024 was 3.44.
Koc Metalurji AS's Days Inventory for the three months ended in Dec. 2024 was 52.06.
Koc Metalurji AS's Days Payable for the three months ended in Dec. 2024 was 46.89.
Therefore, Koc Metalurji AS's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 8.61.


Koc Metalurji AS Cash Conversion Cycle Historical Data

The historical data trend for Koc Metalurji 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.

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Koc Metalurji AS Cash Conversion Cycle Chart

Koc Metalurji AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
-5.91 -5.17 7.24 14.64

Koc Metalurji AS Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial - 16.64 14.39 5.65 8.61

Competitive Comparison of Koc Metalurji AS's Cash Conversion Cycle

For the Metal Fabrication subindustry, Koc Metalurji 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.


Koc Metalurji AS's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koc Metalurji AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Koc Metalurji AS's Cash Conversion Cycle falls into.


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Koc Metalurji 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.

Koc Metalurji AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=5.19+60.61-51.16
=14.64

Koc Metalurji AS's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.44+52.06-46.89
=8.61

* 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.


Koc Metalurji AS  (IST:KOCMT) 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.


Koc Metalurji AS Cash Conversion Cycle Related Terms

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Koc Metalurji AS Business Description

Traded in Other Exchanges
N/A
Address
Karsiosb Mah. Blacksmiths Street, Koc Metalurji No:7, Ic Kapi No:1, Payas, Hatay, Antakya, TUR
Koc Metalurji AS is a company whose main activity is the production of metal billets, ribbed reinforced concrete, and rebar. The company produces metal billets from scrap in its facilities in Toprakkale/Osmaniye and ribbed reinforced concrete bars from metal billets in its facilities in Payas/Hatay.

Koc Metalurji AS Headlines

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