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PT Jaya Bersama Indo Tbk (ISX:DUCK) Cash Conversion Cycle : 352.20 (As of Sep. 2020)


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What is PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk's Days Sales Outstanding for the three months ended in Sep. 2020 was 965.8.
PT Jaya Bersama Indo Tbk's Days Inventory for the three months ended in Sep. 2020 was 61.86.
PT Jaya Bersama Indo Tbk's Days Payable for the three months ended in Sep. 2020 was 675.46.
Therefore, PT Jaya Bersama Indo Tbk's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2020 was 352.20.


PT Jaya Bersama Indo Tbk Cash Conversion Cycle Historical Data

The historical data trend for PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk Cash Conversion Cycle Chart

PT Jaya Bersama Indo Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19
Cash Conversion Cycle
5.66 11.06 34.78 30.28 -25.33

PT Jaya Bersama Indo Tbk Quarterly Data
Dec15 Dec16 Mar17 Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 24.56 -53.43 -51.37 419.48 352.20

Competitive Comparison of PT Jaya Bersama Indo Tbk's Cash Conversion Cycle

For the Restaurants subindustry, PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk's Cash Conversion Cycle Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Jaya Bersama Indo Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Jaya Bersama Indo Tbk's Cash Conversion Cycle falls into.



PT Jaya Bersama Indo 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 Jaya Bersama Indo Tbk's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=67.71+12.73-105.77
=-25.33

PT Jaya Bersama Indo Tbk's Cash Conversion Cycle for the quarter that ended in Sep. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=965.8+61.86-675.46
=352.20

* 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 Jaya Bersama Indo Tbk  (ISX:DUCK) 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 Jaya Bersama Indo Tbk Cash Conversion Cycle Related Terms

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PT Jaya Bersama Indo Tbk (ISX:DUCK) Business Description

Traded in Other Exchanges
N/A
Address
Block C.2 No. 1, Jalan Meruya Ilir No. 88, Business Park Kebon Jeruk, Jakarta Barat, Kel. Meruya Utara, Kec. Kembangan, Jakarta, IDN
PT Jaya Bersama Indo Tbk along with its subsidiaries operates a chain of Chinese restaurants. The company operates through the brands namely The Duck King Group, Fook Yew, Panda Bowl, and others.

PT Jaya Bersama Indo Tbk (ISX:DUCK) Headlines

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