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JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) Cash Conversion Cycle : 30.35 (As of Dec. 2024)


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What is JTC Logistics Transportation & Stevedoring Co KSCC Cash Conversion Cycle?

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

JTC Logistics Transportation & Stevedoring Co KSCC's Days Sales Outstanding for the three months ended in Dec. 2024 was 92.44.
JTC Logistics Transportation & Stevedoring Co KSCC's Days Inventory for the three months ended in Dec. 2024 was 26.43.
JTC Logistics Transportation & Stevedoring Co KSCC's Days Payable for the three months ended in Dec. 2024 was 88.52.
Therefore, JTC Logistics Transportation & Stevedoring Co KSCC's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 30.35.


JTC Logistics Transportation & Stevedoring Co KSCC Cash Conversion Cycle Historical Data

The historical data trend for JTC Logistics Transportation & Stevedoring Co KSCC'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.

JTC Logistics Transportation & Stevedoring Co KSCC Cash Conversion Cycle Chart

JTC Logistics Transportation & Stevedoring Co KSCC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 57.05 56.62 34.70 36.95 56.95

JTC Logistics Transportation & Stevedoring Co KSCC Quarterly Data
Dec19 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 45.53 55.41 54.92 36.59 30.35

Competitive Comparison of JTC Logistics Transportation & Stevedoring Co KSCC's Cash Conversion Cycle

For the Trucking subindustry, JTC Logistics Transportation & Stevedoring Co KSCC'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.


JTC Logistics Transportation & Stevedoring Co KSCC's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JTC Logistics Transportation & Stevedoring Co KSCC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JTC Logistics Transportation & Stevedoring Co KSCC's Cash Conversion Cycle falls into.


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JTC Logistics Transportation & Stevedoring Co KSCC 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.

JTC Logistics Transportation & Stevedoring Co KSCC'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
=74.08+26.54-43.67
=56.95

JTC Logistics Transportation & Stevedoring Co KSCC'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
=92.44+26.43-88.52
=30.35

* 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.


JTC Logistics Transportation & Stevedoring Co KSCC  (KUW:JTC) 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.


JTC Logistics Transportation & Stevedoring Co KSCC Cash Conversion Cycle Related Terms

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JTC Logistics Transportation & Stevedoring Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 22801, Safat, KWT, 13089
JTC Logistics Transportation & Stevedoring Co KSCC is an inland transportation company. It provides services for Ports Management, Contract Logistics, Warehousing, Equipment Leasing, and Power Rental.

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