GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bayer CropScience Ltd (NSE:BAYERCROP) » Definitions » Cash Conversion Cycle

Bayer CropScience (NSE:BAYERCROP) Cash Conversion Cycle : 338.35 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Bayer CropScience Cash Conversion Cycle?

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

Bayer CropScience's Days Sales Outstanding for the three months ended in Mar. 2024 was 110.69.
Bayer CropScience's Days Inventory for the three months ended in Mar. 2024 was 374.2.
Bayer CropScience's Days Payable for the three months ended in Mar. 2024 was 146.54.
Therefore, Bayer CropScience's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 338.35.


Bayer CropScience Cash Conversion Cycle Historical Data

The historical data trend for Bayer CropScience'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.

Bayer CropScience Cash Conversion Cycle Chart

Bayer CropScience Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.56 137.81 150.87 175.71 186.69

Bayer CropScience Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 267.69 136.62 200.70 359.03 338.35

Competitive Comparison of Bayer CropScience's Cash Conversion Cycle

For the Agricultural Inputs subindustry, Bayer CropScience'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.


Bayer CropScience's Cash Conversion Cycle Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bayer CropScience's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bayer CropScience's Cash Conversion Cycle falls into.



Bayer CropScience 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.

Bayer CropScience's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=69.22+210.13-92.66
=186.69

Bayer CropScience's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=110.69+374.2-146.54
=338.35

* 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.


Bayer CropScience  (NSE:BAYERCROP) 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.


Bayer CropScience Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Bayer CropScience's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Bayer CropScience (NSE:BAYERCROP) Business Description

Traded in Other Exchanges
Address
Bayer House, Central Avenue, Hiranandani Estate, Thane (West), Thane, MH, IND, 400 607
Bayer CropScience Ltd manufactures, distributes, and sells crop protection and hybrid seed products to the agriculture industry. The firm sells fungicides, weedicides, hybrid seeds, consumer in-home pest-control products, and other agrochemical products. Its geographical segments are India, Germany, Bangladesh, and Others, of which the vast majority of its revenue comes from India. The company is a subsidiary of Bayer AG, with the majority of common shares owned by its parent company and other Bayer AG subsidiaries.

Bayer CropScience (NSE:BAYERCROP) Headlines

No Headlines