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Mumias Sugar Co (NAI:MSC) Cash Conversion Cycle : -112.26 (As of Jun. 2018)


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What is Mumias Sugar Co Cash Conversion Cycle?

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

Mumias Sugar Co's Days Sales Outstanding for the six months ended in Jun. 2018 was 76.09.
Mumias Sugar Co's Days Inventory for the six months ended in Jun. 2018 was 40.18.
Mumias Sugar Co's Days Payable for the six months ended in Jun. 2018 was 228.53.
Therefore, Mumias Sugar Co's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2018 was -112.26.


Mumias Sugar Co Cash Conversion Cycle Historical Data

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Cash Conversion Cycle Chart

Mumias Sugar Co 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 39.76 -75.76 -128.03 -27.80 -112.26

Mumias Sugar Co Semi-Annual Data
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 39.76 -75.76 -128.03 -27.80 -112.26

Competitive Comparison of Mumias Sugar Co's Cash Conversion Cycle

For the Confectioners subindustry, Mumias Sugar Co'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.


Mumias Sugar Co's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mumias Sugar Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mumias Sugar Co's Cash Conversion Cycle falls into.



Mumias Sugar Co 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.

Mumias Sugar Co'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
=76.09+40.18-228.53
=-112.26

Mumias Sugar Co's Cash Conversion Cycle for the quarter that ended in Jun. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=76.09+40.18-228.53
=-112.26

* 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.


Mumias Sugar Co  (NAI:MSC) 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.


Mumias Sugar Co Cash Conversion Cycle Related Terms

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Mumias Sugar Co (NAI:MSC) Business Description

Traded in Other Exchanges
N/A
Address
Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.