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Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS (IST:KRPLS) Cash Conversion Cycle : 133.24 (As of Dec. 2024)


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What is Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2024 was 129.26.
Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Days Inventory for the three months ended in Dec. 2024 was 68.33.
Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Days Payable for the three months ended in Dec. 2024 was 64.35.
Therefore, Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 133.24.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Cash Conversion Cycle Historical Data

The historical data trend for Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Cash Conversion Cycle Chart

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 19.52 99.03 105.84 151.77 144.94

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 109.04 204.27 105.88 151.14 133.24

Competitive Comparison of Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Cash Conversion Cycle

For the Household & Personal Products subindustry, Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Cash Conversion Cycle falls into.


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Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret 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
=137.3+80.48-72.84
=144.94

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret 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
=129.26+68.33-64.35
=133.24

* 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.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS  (IST:KRPLS) 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.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Cash Conversion Cycle Related Terms

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Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Ataturk Mah. Orhan Veli Cad. No:12/1 Esenyurt, Istanbul, TUR, 34522
Koroplast Temizlik Ambalaj Urunleri Sanayi Ve Dis Ticaret AS engages in manufacturing garbage bags and kitchen auxiliary products. It offers a wide range of products such as Aluminium Foil, Cling Film, Zipper bags, Oven bags, Baking Paper, Microwave Steam Cooking bags, Fresh Keeping Freezer bags, and Cleaning products.

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