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Omani Euro Food Industries (MUS:OEFI) Cash Conversion Cycle : 142.89 (As of Mar. 2018)


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What is Omani Euro Food Industries Cash Conversion Cycle?

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

Omani Euro Food Industries's Days Sales Outstanding for the three months ended in Mar. 2018 was 84.1.
Omani Euro Food Industries's Days Inventory for the three months ended in Mar. 2018 was 136.44.
Omani Euro Food Industries's Days Payable for the three months ended in Mar. 2018 was 77.65.
Therefore, Omani Euro Food Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2018 was 142.89.


Omani Euro Food Industries Cash Conversion Cycle Historical Data

The historical data trend for Omani Euro Food Industries'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.

Omani Euro Food Industries Cash Conversion Cycle Chart

Omani Euro Food Industries Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.13 57.48 177.00 173.44 148.05

Omani Euro Food Industries Quarterly Data
Jun13 Sep13 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 Premium Member Only Premium Member Only 141.60 166.63 158.18 121.32 142.89

Competitive Comparison of Omani Euro Food Industries's Cash Conversion Cycle

For the Packaged Foods subindustry, Omani Euro Food Industries'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.


Omani Euro Food Industries's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omani Euro Food Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Omani Euro Food Industries's Cash Conversion Cycle falls into.



Omani Euro Food Industries 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.

Omani Euro Food Industries'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
=92.85+115.51-60.31
=148.05

Omani Euro Food Industries'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
=84.1+136.44-77.65
=142.89

* 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.


Omani Euro Food Industries  (MUS:OEFI) 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.


Omani Euro Food Industries Cash Conversion Cycle Related Terms

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Omani Euro Food Industries (MUS:OEFI) Business Description

Traded in Other Exchanges
N/A
Address
Jawharat Al Shatti, P.O. Box 23, Sultanate of Oman, OMN, 134
Omani Euro Food Industries is a health food manufacturing company in Oman. It is engaged in the manufacturing and marketing of baby foods and related products. The company offers a range of baby food and nutritional food under the brand name of Mother's Choice. It is also involved in the contract manufacturing of baby cereals, biscuits, rusks and health drink powder for other food brands. Its products are exported to many countries in Gulf Cooperation Council, Africa, and Asia.

Omani Euro Food Industries (MUS:OEFI) Headlines

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