GURUFOCUS.COM » STOCK LIST » Industrials » Construction » McDermott International Ltd (OTCPK:MCDTF) » Definitions » Cash Conversion Cycle

McDermott International (McDermott International) Cash Conversion Cycle : 0.00 (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is McDermott International Cash Conversion Cycle?

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

McDermott International's Days Sales Outstanding for the six months ended in . 20 was .
McDermott International's Days Inventory for the six months ended in . 20 was .
McDermott International's Days Payable for the six months ended in . 20 was .
Therefore, McDermott International's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.


McDermott International Cash Conversion Cycle Historical Data

The historical data trend for McDermott International'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.

McDermott International Cash Conversion Cycle Chart

McDermott International Annual Data
Trend
Cash Conversion Cycle

McDermott International Semi-Annual Data
Cash Conversion Cycle

Competitive Comparison of McDermott International's Cash Conversion Cycle

For the Engineering & Construction subindustry, McDermott International'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.


McDermott International's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, McDermott International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where McDermott International's Cash Conversion Cycle falls into.



McDermott International 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.

McDermott International's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

McDermott International's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* 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.


McDermott International  (OTCPK:MCDTF) 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.


McDermott International Cash Conversion Cycle Related Terms

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


McDermott International (McDermott International) Business Description

Comparable Companies
Traded in Other Exchanges
Address
915 N. Eldridge Parkway, Houston, TX, USA, 77079
McDermott International Ltd is a fully-integrated provider of engineering and construction solutions to the energy industry. The company provides fabrication services, field construction services, modular construction services, supply chain management, and consulting services.

McDermott International (McDermott International) Headlines