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Pavlovo Bus PJSC (MIC:PAZA) Cash Conversion Cycle : 190.37 (As of Jun. 2018)


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What is Pavlovo Bus PJSC Cash Conversion Cycle?

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

Pavlovo Bus PJSC's Days Sales Outstanding for the three months ended in Jun. 2018 was 217.07.
Pavlovo Bus PJSC's Days Inventory for the three months ended in Jun. 2018 was 9.65.
Pavlovo Bus PJSC's Days Payable for the three months ended in Jun. 2018 was 36.35.
Therefore, Pavlovo Bus PJSC's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2018 was 190.37.


Pavlovo Bus PJSC Cash Conversion Cycle Historical Data

The historical data trend for Pavlovo Bus PJSC'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.

Pavlovo Bus PJSC Cash Conversion Cycle Chart

Pavlovo Bus PJSC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -7.33 41.27 21.22 108.22 177.31

Pavlovo Bus PJSC Quarterly Data
Dec10 Dec11 Dec12 Mar13 Dec13 Mar14 Jun14 Dec14 Jun15 Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 175.07 197.74 148.54 153.17 190.37

Competitive Comparison of Pavlovo Bus PJSC's Cash Conversion Cycle

For the Auto Manufacturers subindustry, Pavlovo Bus PJSC'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.


Pavlovo Bus PJSC's Cash Conversion Cycle Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pavlovo Bus PJSC's Cash Conversion Cycle distribution charts can be found below:

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



Pavlovo Bus PJSC 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.

Pavlovo Bus PJSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=192.44+8.85-23.98
=177.31

Pavlovo Bus PJSC's Cash Conversion Cycle for the quarter that ended in Jun. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=217.07+9.65-36.35
=190.37

* 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.


Pavlovo Bus PJSC  (MIC:PAZA) 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.


Pavlovo Bus PJSC Cash Conversion Cycle Related Terms

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Pavlovo Bus PJSC (MIC:PAZA) Business Description

Traded in Other Exchanges
N/A
Address
Suvorov Street, dom1, Nizhny Novgorod region, Pavlovo, RUS, 606108
Pavlovo Bus PJSC manufactures buses, auto parts and spare parts. It offers products including power windows, locks and loops.

Pavlovo Bus PJSC (MIC:PAZA) Headlines

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