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Raspadskaya PJSC (MIC:RASP) Cash Conversion Cycle : 103.20 (As of Dec. 2023)


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What is Raspadskaya PJSC Cash Conversion Cycle?

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

Raspadskaya PJSC's Days Sales Outstanding for the six months ended in Dec. 2023 was 78.5.
Raspadskaya PJSC's Days Inventory for the six months ended in Dec. 2023 was 78.61.
Raspadskaya PJSC's Days Payable for the six months ended in Dec. 2023 was 53.91.
Therefore, Raspadskaya PJSC's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 103.20.


Raspadskaya PJSC Cash Conversion Cycle Historical Data

The historical data trend for Raspadskaya 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.

Raspadskaya PJSC Cash Conversion Cycle Chart

Raspadskaya PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.60 30.61 18.88 46.98 96.01

Raspadskaya PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.90 34.16 83.78 82.36 103.20

Competitive Comparison of Raspadskaya PJSC's Cash Conversion Cycle

For the Coking Coal subindustry, Raspadskaya 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.


Raspadskaya PJSC's Cash Conversion Cycle Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Raspadskaya PJSC's Cash Conversion Cycle distribution charts can be found below:

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


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Raspadskaya 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.

Raspadskaya PJSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.08+74.97-43.04
=96.01

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

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=78.5+78.61-53.91
=103.20

* 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.


Raspadskaya PJSC  (MIC:RASP) 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.


Raspadskaya PJSC Cash Conversion Cycle Related Terms

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Raspadskaya PJSC Business Description

Traded in Other Exchanges
N/A
Address
106, Mira Street, Kemerovsky region, Mezhdurechensk, RUS, 652870
Raspadskaya PJSC is a coking coal producer in Russia. Its activities include mining, processing, and trading of coking coal. The company and its subsidiaries derive its revenues from sales of coking coal. Other revenue sources include sales of other goods, transport handling, and other services. The company generates most of its sales from Russia. The company's end consumers are high domestic and foreign steel and coke producers. It operates in Russia, Asia-Pacific, and Europe, out of which the majority of the revenue is generated from Russia.

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