UTair Aviation JSC's Days Sales Outstanding for the
six
months ended in Jun. 2023 was 29.86.
UTair Aviation JSC's Days Inventory for the
six
months ended in Jun. 2023 was 17.29.
UTair Aviation JSC's Days Payable for the
six
months ended in Jun. 2023 was 24.22.
Therefore, UTair Aviation JSC's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2023 was 22.93.
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.
UTair Aviation JSC Cash Conversion Cycle Related Terms
UTair Aviation JSC Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for UTair Aviation JSC'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.
MIC:UTAR vs DAL, LUV, UAL: Cash Conversion Cycle Comparison
For the Airlines subindustry, UTair Aviation JSC'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.
UTair Aviation JSC Cash Conversion Cycle vs Transportation Industry
For the Transportation industry and Industrials sector, UTair Aviation JSC's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where UTair Aviation JSC's Cash Conversion Cycle falls into.
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.
UTair Aviation JSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
UTair Aviation JSC (MIC:UTAR) has a Cash Conversion Cycle of 22.93 as of Jun. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Cash Conversion Cycle too high?
UTair Aviation JSC's current Cash Conversion Cycle is 22.93. The Transportation industry median Cash Conversion Cycle is 20.26. UTair Aviation JSC's value of 22.93 is 13.2% above this industry median. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Cash Conversion Cycle compare to DAL and LUV?
UTair Aviation JSC's Cash Conversion Cycle of 22.93 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. UTair Aviation JSC's value of 22.93 is 13.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UTair Aviation JSC's current Cash Conversion Cycle of 22.93 is 13.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on UTair Aviation JSC and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UTair Aviation JSC's current Cash Conversion Cycle is 22.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Cash Conversion Cycle of 22.93. The current Cash Conversion Cycle is 22.93 and 13.2% above the Transportation industry median of 20.26. UTair Aviation JSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For UTair Aviation JSC (MIC:UTAR), the current Cash Conversion Cycle is 22.93 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-CIS countries.
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