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Oral Hammaslaakarit Oyj (LTS:0O9M) Cash Conversion Cycle : 24.82 (As of Sep. 2014)


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What is Oral Hammaslaakarit Oyj Cash Conversion Cycle?

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

Oral Hammaslaakarit Oyj's Days Sales Outstanding for the three months ended in Sep. 2014 was 0.
Oral Hammaslaakarit Oyj's Days Inventory for the three months ended in Sep. 2014 was 24.82.
Oral Hammaslaakarit Oyj's Days Payable for the three months ended in Sep. 2014 was 0.
Therefore, Oral Hammaslaakarit Oyj's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2014 was 24.82.


Oral Hammaslaakarit Oyj Cash Conversion Cycle Historical Data

The historical data trend for Oral Hammaslaakarit Oyj'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.

Oral Hammaslaakarit Oyj Cash Conversion Cycle Chart

Oral Hammaslaakarit Oyj Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash Conversion Cycle
Get a 7-Day Free Trial -86.84 -82.28 -73.93 22.75 21.45

Oral Hammaslaakarit Oyj Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 27.98 22.26 21.12 21.18 24.82

Competitive Comparison of Oral Hammaslaakarit Oyj's Cash Conversion Cycle

For the Medical Instruments & Supplies subindustry, Oral Hammaslaakarit Oyj'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.


Oral Hammaslaakarit Oyj's Cash Conversion Cycle Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Oral Hammaslaakarit Oyj's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Oral Hammaslaakarit Oyj's Cash Conversion Cycle falls into.



Oral Hammaslaakarit Oyj 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.

Oral Hammaslaakarit Oyj's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+21.45-0
=21.45

Oral Hammaslaakarit Oyj's Cash Conversion Cycle for the quarter that ended in Sep. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+24.82-0
=24.82

* 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.


Oral Hammaslaakarit Oyj  (LTS:0O9M) 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.


Oral Hammaslaakarit Oyj Cash Conversion Cycle Related Terms

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Oral Hammaslaakarit Oyj (LTS:0O9M) Business Description

Traded in Other Exchanges
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Address
Oral Hammaslaakarit is a provider of dental care services. The company is comprised of more than 400 dental care professionals and operates clinics in various locations throughout Finland and Sweden. The company is headquartered in Espoo, Finland. it offers services including dental and oral examinations, tartar removal, tooth extractions, treatment of malocclusion, esthetic dental care such as whitening and crowns, dental implants, oral and maxillofacial surgery, dental x-ray examinations, treatment of gum diseases, children's dental care services, oral hygienist services, occupational dental care, and surgical services. Also, the company provides online booking services as well as on call dental services.

Oral Hammaslaakarit Oyj (LTS:0O9M) Headlines

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