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Coffee Day Enterprises (NSE:COFFEEDAY) Cash Conversion Cycle : 0.76 (As of Sep. 2024)


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What is Coffee Day Enterprises Cash Conversion Cycle?

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

Coffee Day Enterprises's Days Sales Outstanding for the three months ended in Sep. 2024 was 21.38.
Coffee Day Enterprises's Days Inventory for the three months ended in Sep. 2024 was 17.78.
Coffee Day Enterprises's Days Payable for the three months ended in Sep. 2024 was 38.4.
Therefore, Coffee Day Enterprises's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.76.


Coffee Day Enterprises Cash Conversion Cycle Historical Data

The historical data trend for Coffee Day Enterprises'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.

Coffee Day Enterprises Cash Conversion Cycle Chart

Coffee Day Enterprises 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 33.43 -48.25 -97.43 -35.93 -9.37

Coffee Day Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -5.44 -6.34 -1.09 0.39 0.76

Competitive Comparison of Coffee Day Enterprises's Cash Conversion Cycle

For the Restaurants subindustry, Coffee Day Enterprises'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.


Coffee Day Enterprises's Cash Conversion Cycle Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coffee Day Enterprises's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Coffee Day Enterprises's Cash Conversion Cycle falls into.



Coffee Day Enterprises 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.

Coffee Day Enterprises'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
=20.48+20.53-50.38
=-9.37

Coffee Day Enterprises's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=21.38+17.78-38.4
=0.76

* 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.


Coffee Day Enterprises  (NSE:COFFEEDAY) 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.


Coffee Day Enterprises Cash Conversion Cycle Related Terms

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Coffee Day Enterprises Business Description

Traded in Other Exchanges
Address
No. 165, R.V. Road, Near Minerva Circle, Bangalore, KA, IND, 560004
Coffee Day Enterprises Ltd is engaged in a coffee business which includes procuring, processing, and roasting of coffee beans to retailing of coffee products across various formats. The company is also engaged in the logistics business providing services as port handling, road and rail, logistics, container freight stations, and mining to provide integrated logistics solutions. It operates through the following business segments: Coffee and related business, Integrated multimodal logistics, Hospitality Services, and Investment and other corporate operations. The majority of the company's revenue comes from its Coffee-related business. The vast majority of its revenue is generated within India.

Coffee Day Enterprises Headlines

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