Al Maha Ceramics CoOC (MUS:AMCI) Cash Conversion Cycle: 75.12 (As of Mar. 2018)


What is Al Maha Ceramics CoOC Cash Conversion Cycle?

Al Maha Ceramics CoOC MUS:AMCI +8.00% Cash Conversion Cycle is 75.12 as of Mar. 2018.

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

Al Maha Ceramics CoOC's Days Sales Outstanding for the three months ended in Mar. 2018 was 75.4.
Al Maha Ceramics CoOC's Days Inventory for the three months ended in Mar. 2018 was 135.21.
Al Maha Ceramics CoOC's Days Payable for the three months ended in Mar. 2018 was 135.49.
Therefore, Al Maha Ceramics CoOC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2018 was 75.12.


Al Maha Ceramics CoOC  (MUS:AMCI) 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 Maha Ceramics CoOC Cash Conversion Cycle Related Terms


Al Maha Ceramics CoOC Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Cash Conversion Cycle Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
73.30 80.76 68.30 81.28 98.23

Al Maha Ceramics CoOC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 92.22 13.56 88.45 76.81 75.12

Al Maha Ceramics CoOC Cash Conversion Cycle Competitor Comparison

For the Building Products & Equipment subindustry, Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Al Maha Ceramics CoOC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Al Maha Ceramics CoOC's Cash Conversion Cycle falls into.



Al Maha Ceramics CoOC 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 Maha Ceramics CoOC'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
=64.85+130.01-96.63
=98.23

Al Maha Ceramics CoOC's Cash Conversion Cycle for the quarter that ended in Mar. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=75.4+135.21-135.49
=75.12

* 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 75.12 mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a Cash Conversion Cycle of 75.12 as of Mar. 2018. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Al Maha Ceramics CoOC and its competitors.
Is Al Maha Ceramics CoOC's Cash Conversion Cycle too high?
Al Maha Ceramics CoOC's current Cash Conversion Cycle is 75.12. The Construction industry median Cash Conversion Cycle is 55.81. Al Maha Ceramics CoOC's value of 75.12 is 34.6% above this industry median.
How does Al Maha Ceramics CoOC's Cash Conversion Cycle compare to competitors?
Al Maha Ceramics CoOC's Cash Conversion Cycle of 75.12 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.81. Al Maha Ceramics CoOC's value of 75.12 is 34.6% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.81, based on 1,763 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 Maha Ceramics CoOC's current Cash Conversion Cycle of 75.12 is 34.6% 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 Maha Ceramics CoOC and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Ceramics CoOC's current Cash Conversion Cycle is 75.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current Cash Conversion Cycle of 75.12. The current Cash Conversion Cycle is 75.12 and 34.6% above the Construction industry median of 55.81. 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 Maha Ceramics CoOC (MUS:AMCI), the current Cash Conversion Cycle is 75.12 as of Mar. 2018. 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 Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.