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Kohat Cement Co (KAR:KOHC) Cash Conversion Cycle : 112.90 (As of Mar. 2024)


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What is Kohat Cement Co Cash Conversion Cycle?

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

Kohat Cement Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.18.
Kohat Cement Co's Days Inventory for the three months ended in Mar. 2024 was 105.82.
Kohat Cement Co's Days Payable for the three months ended in Mar. 2024 was 12.1.
Therefore, Kohat Cement Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 112.90.


Kohat Cement Co Cash Conversion Cycle Historical Data

The historical data trend for Kohat Cement Co'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.

Kohat Cement Co Cash Conversion Cycle Chart

Kohat Cement Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.11 55.94 51.69 63.73 82.11

Kohat Cement Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.79 98.38 79.64 77.41 112.90

Competitive Comparison of Kohat Cement Co's Cash Conversion Cycle

For the Building Materials subindustry, Kohat Cement Co'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.


Kohat Cement Co's Cash Conversion Cycle Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kohat Cement Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kohat Cement Co's Cash Conversion Cycle falls into.



Kohat Cement Co 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.

Kohat Cement Co's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=9.95+85.37-13.21
=82.11

Kohat Cement Co's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=19.18+105.82-12.1
=112.90

* 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.


Kohat Cement Co  (KAR:KOHC) 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.


Kohat Cement Co Cash Conversion Cycle Related Terms

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Kohat Cement Co (KAR:KOHC) Business Description

Traded in Other Exchanges
N/A
Address
37-P, Gulberg - II, Lahore, PB, PAK
Kohat Cement Co Ltd is a cement manufacturing company in Pakistan. It primarily offers white and grey cement under Kohat cement and Kohat super white brand name respectively. Its products comprise of Grey Cement and White Cement. The business activity of the organization is operated through the geographical area of Pakistan and Afghanistan and most of the income is derived from the region of Pakistan.

Kohat Cement Co (KAR:KOHC) Headlines

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