GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Genel Energy PLC (LSE:GENL) » Definitions » Cash Conversion Cycle

Genel Energy (LSE:GENL) Cash Conversion Cycle : -216.06 (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Genel Energy Cash Conversion Cycle?

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

Genel Energy's Days Sales Outstanding for the six months ended in Jun. 2024 was 128.46.
Genel Energy's Days Inventory for the six months ended in Jun. 2024 was 0.
Genel Energy's Days Payable for the six months ended in Jun. 2024 was 344.52.
Therefore, Genel Energy's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was -216.06.


Genel Energy Cash Conversion Cycle Historical Data

The historical data trend for Genel Energy'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.

Genel Energy Cash Conversion Cycle Chart

Genel Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.77 34.50 -64.45 -74.74 -82.42

Genel Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -46.89 -104.00 63.22 -131.97 -216.06

Competitive Comparison of Genel Energy's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, Genel Energy'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.


Genel Energy's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Genel Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Genel Energy's Cash Conversion Cycle falls into.



Genel Energy 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.

Genel Energy's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=318.5+0-400.92
=-82.42

Genel Energy's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=128.46+0-344.52
=-216.06

* 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.


Genel Energy  (LSE:GENL) 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.


Genel Energy Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Genel Energy's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Genel Energy Business Description

Traded in Other Exchanges
Address
36 Broadway, Fifth Floor, Victoria, London, GBR, SW1H 0BH
Genel Energy PLC produces oil and gas predominantly in the Kurdistan region of Iraq. The Company has two reportable business segments: Production and Pre-production. Capital allocation decisions for the production segment are considered in the context of the cash flows expected from the production and sale of crude oil. The production segment is comprised of the producing fields on the Tawke PSC, and the Taq Taq PSC which are located in the KRI and make sales predominantly to the KRG. The pre-production segment is comprised of exploration activity, principally located in Somaliland and Morocco.

Genel Energy Headlines

No Headlines