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PJSC MegaFon (MIC:MFON) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


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What is PJSC MegaFon Cash Conversion Cycle?

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

PJSC MegaFon's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.
PJSC MegaFon's Days Inventory for the three months ended in Sep. 2023 was 0.
PJSC MegaFon's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, PJSC MegaFon's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 0.00.


PJSC MegaFon Cash Conversion Cycle Historical Data

The historical data trend for PJSC MegaFon'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.

PJSC MegaFon Cash Conversion Cycle Chart

PJSC MegaFon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -121.68 -111.98 -121.17 -22.60 -35.73

PJSC MegaFon Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -15.91 -19.67 -20.03 -33.73 -

Competitive Comparison of PJSC MegaFon's Cash Conversion Cycle

For the Telecom Services subindustry, PJSC MegaFon'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.


PJSC MegaFon's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PJSC MegaFon's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PJSC MegaFon's Cash Conversion Cycle falls into.



PJSC MegaFon 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.

PJSC MegaFon's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=36.15+3.77-75.65
=-35.73

PJSC MegaFon's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

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


PJSC MegaFon  (MIC:MFON) 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.


PJSC MegaFon Cash Conversion Cycle Related Terms

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


PJSC MegaFon (MIC:MFON) Business Description

Traded in Other Exchanges
N/A
Address
41 Oruzheyniy Lane, Moscow, RUS, 127006
PJSC MegaFon is a telecommunications company that provides fixed-line, mobile business, and hardware operations. The primary mobile segment provides voice, data, Internet, and business solutions products for customers in the Russian Federation. MegaFon operates its retail chain of stores through both direct ownership and franchised operations. The company also manages a hardware brand, which creates fixed phones, mobile phones, modems, laptops, and tablet computers. MegaFon generates the vast majority of its revenue in Russia. The company earns revenue in the form of Wireless services, wireline services, and sale of equipment and accessories, out of which the majority of the revenue is generated from Wireless services.