Al Fajar AL Alamia CoOG (MUS:AFAI) Cash Conversion Cycle: 205.02 (As of Mar. 2019)


What is Al Fajar AL Alamia CoOG Cash Conversion Cycle?

Al Fajar AL Alamia CoOG MUS:AFAI Cash Conversion Cycle is 205.02 as of Mar. 2019.

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

Al Fajar AL Alamia CoOG's Days Sales Outstanding for the three months ended in Mar. 2019 was 203.78.
Al Fajar AL Alamia CoOG's Days Inventory for the three months ended in Mar. 2019 was 44.18.
Al Fajar AL Alamia CoOG's Days Payable for the three months ended in Mar. 2019 was 42.94.
Therefore, Al Fajar AL Alamia CoOG's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2019 was 205.02.


Al Fajar AL Alamia CoOG  (MUS:AFAI) 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.


Al Fajar AL Alamia CoOG Cash Conversion Cycle Related Terms


Al Fajar AL Alamia CoOG Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Cash Conversion Cycle Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.97 190.21 176.25 208.10 179.17

Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 168.16 176.38 191.49 188.93 205.02

MUS:AFAI vs SND: Cash Conversion Cycle Comparison

For the Other Industrial Metals & Mining subindustry, Al Fajar AL Alamia CoOG'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.


Al Fajar AL Alamia CoOG Cash Conversion Cycle vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Al Fajar AL Alamia CoOG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Al Fajar AL Alamia CoOG's Cash Conversion Cycle falls into.



Al Fajar AL Alamia CoOG 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.

Al Fajar AL Alamia CoOG's Cash Conversion Cycle for the fiscal year that ended in Jun. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=196.47+38.41-55.71
=179.17

Al Fajar AL Alamia CoOG's Cash Conversion Cycle for the quarter that ended in Mar. 2019 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=203.78+44.18-42.94
=205.02

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 205.02 mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Cash Conversion Cycle of 205.02 as of Mar. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Cash Conversion Cycle too high?
Al Fajar AL Alamia CoOG's current Cash Conversion Cycle is 205.02. The Metals & Mining industry median Cash Conversion Cycle is 15.07. Al Fajar AL Alamia CoOG's value of 205.02 is 1260.5% above this industry median.
How does Al Fajar AL Alamia CoOG's Cash Conversion Cycle compare to SND?
Al Fajar AL Alamia CoOG's Cash Conversion Cycle of 205.02 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.07. Al Fajar AL Alamia CoOG's value of 205.02 is 1260.5% 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 15.07, based on 1,167 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. Al Fajar AL Alamia CoOG's current Cash Conversion Cycle of 205.02 is 1260.5% 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 Al Fajar AL Alamia CoOG and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Fajar AL Alamia CoOG's current Cash Conversion Cycle is 205.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Cash Conversion Cycle of 205.02. The current Cash Conversion Cycle is 205.02 and 1260.5% above the Metals & Mining industry median of 15.07. 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 Al Fajar AL Alamia CoOG (MUS:AFAI), the current Cash Conversion Cycle is 205.02 as of Mar. 2019. 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.

Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.