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PT Bumi Serpong Damai Tbk (ISX:BSDE) Cash Conversion Cycle : 886.92 (As of Dec. 2024)


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What is PT Bumi Serpong Damai Tbk Cash Conversion Cycle?

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

PT Bumi Serpong Damai Tbk's Days Sales Outstanding for the three months ended in Dec. 2024 was 7.37.
PT Bumi Serpong Damai Tbk's Days Inventory for the three months ended in Dec. 2024 was 959.06.
PT Bumi Serpong Damai Tbk's Days Payable for the three months ended in Dec. 2024 was 79.51.
Therefore, PT Bumi Serpong Damai Tbk's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 886.92.


PT Bumi Serpong Damai Tbk Cash Conversion Cycle Historical Data

The historical data trend for PT Bumi Serpong Damai Tbk'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.

PT Bumi Serpong Damai Tbk Cash Conversion Cycle Chart

PT Bumi Serpong Damai Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,830.43 1,290.64 1,207.56 896.68 1,063.22

PT Bumi Serpong Damai Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only 479.31 1,089.61 900.43 1,235.97 886.92

Competitive Comparison of PT Bumi Serpong Damai Tbk's Cash Conversion Cycle

For the Real Estate - Development subindustry, PT Bumi Serpong Damai Tbk'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.


PT Bumi Serpong Damai Tbk's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Bumi Serpong Damai Tbk's Cash Conversion Cycle falls into.


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PT Bumi Serpong Damai Tbk 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.

PT Bumi Serpong Damai Tbk'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
=8.43+1142.17-87.38
=1,063.22

PT Bumi Serpong Damai Tbk'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
=7.37+959.06-79.51
=886.92

* 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.


PT Bumi Serpong Damai Tbk  (ISX:BSDE) 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.


PT Bumi Serpong Damai Tbk Cash Conversion Cycle Related Terms

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PT Bumi Serpong Damai Tbk Business Description

Traded in Other Exchanges
N/A
Address
Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. The company is developing Bumi Serpong Damai, which is a planned community in the Jakarta region. The community is intended to be fully self-sufficient in terms of infrastructure, health facilities, education, and recreation.

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