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Scandi Standard AB (LTS:0QVR) Cash Conversion Cycle : 2.23 (As of Mar. 2025)


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What is Scandi Standard AB Cash Conversion Cycle?

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

Scandi Standard AB's Days Sales Outstanding for the three months ended in Mar. 2025 was 29.3.
Scandi Standard AB's Days Inventory for the three months ended in Mar. 2025 was 41.52.
Scandi Standard AB's Days Payable for the three months ended in Mar. 2025 was 68.59.
Therefore, Scandi Standard AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 2.23.


Scandi Standard AB Cash Conversion Cycle Historical Data

The historical data trend for Scandi Standard AB'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.

Scandi Standard AB Cash Conversion Cycle Chart

Scandi Standard AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.72 7.14 5.40 1.91 0.13

Scandi Standard AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.44 4.48 2.57 2.13 2.23

Competitive Comparison of Scandi Standard AB's Cash Conversion Cycle

For the Packaged Foods subindustry, Scandi Standard AB'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.


Scandi Standard AB's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scandi Standard AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Scandi Standard AB's Cash Conversion Cycle falls into.


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Scandi Standard AB 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.

Scandi Standard AB'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
=29.24+43.96-73.07
=0.13

Scandi Standard AB's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=29.3+41.52-68.59
=2.23

* 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.


Scandi Standard AB  (LTS:0QVR) 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.


Scandi Standard AB Cash Conversion Cycle Related Terms

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Scandi Standard AB Business Description

Traded in Other Exchanges
Address
Strandbergsgatan 55, P.O.Box 30174, Stockholm, SWE, SE-112 51
Scandi Standard AB is a food company. It supplies chicken and chicken-based products in the Nordic region and Ireland. It markets and sells its products under the Kronfagel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm brand names. The company has operations in Sweden, Denmark, Norway, Ireland, Lithuania, and Finland. It generates the majority of its revenue from Sweden. The company's segment includes ready-to-cook and ready-to-eat. The company generates the majority of its revenue from the ready-to-cook segment.

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