Gruppo Green Power SpA's Days Sales Outstanding for the
six
months ended in Jun. 2020 was 96.78.
Gruppo Green Power SpA's Days Inventory for the
six
months ended in Jun. 2020 was 65.63.
Gruppo Green Power SpA's Days Payable for the
six
months ended in Jun. 2020 was 110.43.
Therefore, Gruppo Green Power SpA's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2020 was 51.98.
Gruppo Green Power SpA (MIL:GGP) 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.
Gruppo Green Power SpA Cash Conversion Cycle Related Terms
Gruppo Green Power SpA Cash Conversion Cycle Historical Data
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The historical data trend for Gruppo Green Power SpA'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.
Gruppo Green Power SpA Cash Conversion Cycle Chart
MIL:GGP vs ENPH, SEDG, FSLR: Cash Conversion Cycle Comparison
For the Solar subindustry, Gruppo Green Power SpA'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.
Gruppo Green Power SpA Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Gruppo Green Power SpA's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Gruppo Green Power SpA's Cash Conversion Cycle falls into.
Gruppo Green Power SpA 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.
Gruppo Green Power SpA's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 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.
Gruppo Green Power SpA (MIL:GGP) has a Cash Conversion Cycle of 51.98 as of Jun. 2020. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Cash Conversion Cycle too high?
Gruppo Green Power SpA's current Cash Conversion Cycle is 51.98. The Semiconductors industry median Cash Conversion Cycle is 116.11. Gruppo Green Power SpA's value of 51.98 is 55.2% below this industry median. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Cash Conversion Cycle compare to ENPH and SEDG?
Gruppo Green Power SpA's Cash Conversion Cycle of 51.98 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. Gruppo Green Power SpA's value of 51.98 is 55.2% below 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. Gruppo Green Power SpA's current Cash Conversion Cycle of 51.98 is 55.2% below 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 Gruppo Green Power SpA and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gruppo Green Power SpA's current Cash Conversion Cycle is 51.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Cash Conversion Cycle of 51.98. The current Cash Conversion Cycle is 51.98 and 55.2% below the Semiconductors industry median of 116.11. Gruppo Green Power SpA's overall GF Score™ is 4/100. 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 Gruppo Green Power SpA (MIL:GGP), the current Cash Conversion Cycle is 51.98 as of Jun. 2020. 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.
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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