Tatneft PJSC's Days Sales Outstanding for the
six
months ended in Jun. 2022 was 22.22.
Tatneft PJSC's Days Inventory for the
six
months ended in Jun. 2022 was 145.29.
Tatneft PJSC's Days Payable for the
six
months ended in Jun. 2022 was 100.19.
Therefore, Tatneft PJSC's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2022 was 67.32.
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.
Tatneft PJSC Cash Conversion Cycle Related Terms
Tatneft PJSC Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Tatneft PJSC'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.
OAOFY vs XOM, CVX: Cash Conversion Cycle Comparison
For the Oil & Gas Integrated subindustry, Tatneft PJSC'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.
Tatneft PJSC Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tatneft PJSC's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tatneft PJSC's Cash Conversion Cycle falls into.
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.
Tatneft PJSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Tatneft PJSC (OAOFY) has a Cash Conversion Cycle of 67.32 as of Jun. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tatneft PJSC and its competitors.
Is Tatneft PJSC's Cash Conversion Cycle too high?
Tatneft PJSC's current Cash Conversion Cycle is 67.32. The Oil & Gas industry median Cash Conversion Cycle is 18.37. Tatneft PJSC's value of 67.32 is 266.5% above this industry median. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's Cash Conversion Cycle compare to XOM and CVX?
Tatneft PJSC's Cash Conversion Cycle of 67.32 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. Tatneft PJSC's value of 67.32 is 266.5% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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. Tatneft PJSC's current Cash Conversion Cycle of 67.32 is 266.5% 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 Tatneft PJSC and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatneft PJSC's current Cash Conversion Cycle is 67.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (OAOFY) has a current Cash Conversion Cycle of 67.32. The current Cash Conversion Cycle is 67.32 and 266.5% above the Oil & Gas industry median of 18.37. Tatneft PJSC's overall GF Score™ is 17/100. 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 Tatneft PJSC (OAOFY), the current Cash Conversion Cycle is 67.32 as of Jun. 2022. 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.
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score
Get the complete analysis for OAOFY
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OAOFY has been successfully added to your 
