PT Eterindo Wahanatama Tbk's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 440345.15.
PT Eterindo Wahanatama Tbk's Days Inventory for the
three
months ended in Sep. 2023 was 126.99.
PT Eterindo Wahanatama Tbk's Days Payable for the
three
months ended in Sep. 2023 was 501.74.
Therefore, PT Eterindo Wahanatama Tbk's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2023 was 439,970.40.
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 Eterindo Wahanatama Tbk Cash Conversion Cycle Related Terms
PT Eterindo Wahanatama Tbk 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.
ISX:ETWA vs DOW, CE: Cash Conversion Cycle Comparison
For the Chemicals subindustry, PT Eterindo Wahanatama 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 Eterindo Wahanatama Tbk Cash Conversion Cycle vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Eterindo Wahanatama Tbk's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where PT Eterindo Wahanatama Tbk's Cash Conversion Cycle falls into.
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 Eterindo Wahanatama Tbk's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
What does a Cash Conversion Cycle of 439,970.40 mean?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a Cash Conversion Cycle of 439,970.40 as of Sep. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Eterindo Wahanatama Tbk and its competitors.
Is PT Eterindo Wahanatama Tbk's Cash Conversion Cycle too high?
PT Eterindo Wahanatama Tbk's current Cash Conversion Cycle is 439,970.40. The Chemicals industry median Cash Conversion Cycle is 89.35. PT Eterindo Wahanatama Tbk's value of 439,970.40 is 492339.9% above this industry median. Overall, PT Eterindo Wahanatama Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Eterindo Wahanatama Tbk's Cash Conversion Cycle compare to DOW and CE?
PT Eterindo Wahanatama Tbk's Cash Conversion Cycle of 439,970.40 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.35. PT Eterindo Wahanatama Tbk's value of 439,970.40 is 492339.9% 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 a Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.35, based on 1,576 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. PT Eterindo Wahanatama Tbk's current Cash Conversion Cycle of 439,970.40 is 492339.9% 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 PT Eterindo Wahanatama Tbk and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Eterindo Wahanatama Tbk's current Cash Conversion Cycle is 439,970.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Eterindo Wahanatama Tbk stock overvalued right now?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a current Cash Conversion Cycle of 439,970.40. The current Cash Conversion Cycle is 439,970.40 and 492339.9% above the Chemicals industry median of 89.35. PT Eterindo Wahanatama Tbk's overall GF Score™ is 13/100. 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 PT Eterindo Wahanatama Tbk (ISX:ETWA), the current Cash Conversion Cycle is 439,970.40 as of Sep. 2023. 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.
PT Eterindo Wahanatama Tbk is engaged in integrated Palm Oil Plantation and Biodiesel industry, trading of chemical products. The company offers biodiesel for motor vehicles, steam boilers, oil furnaces, generators; and trades in specialty chemical products, including fatty acid methyl ester and other chemicals. The business segment of the company include FAME, Other Chemicals and Fresh Fruit Bunch. The company makes majority of its revenue from Other Chemicals segment.
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