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Rias AS (OCSE:RIAS B) Cash Conversion Cycle : 109.01 (As of Mar. 2025)


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What is Rias AS Cash Conversion Cycle?

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

Rias AS's Days Sales Outstanding for the six months ended in Mar. 2025 was 80.16.
Rias AS's Days Inventory for the six months ended in Mar. 2025 was 67.31.
Rias AS's Days Payable for the six months ended in Mar. 2025 was 38.46.
Therefore, Rias AS's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2025 was 109.01.


Rias AS Cash Conversion Cycle Historical Data

The historical data trend for Rias AS'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.

Rias AS Cash Conversion Cycle Chart

Rias AS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.09 83.47 80.15 83.84 84.42

Rias AS Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 93.48 73.94 94.62 76.77 109.01

Competitive Comparison of Rias AS's Cash Conversion Cycle

For the Building Materials subindustry, Rias AS'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.


Rias AS's Cash Conversion Cycle Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Rias AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Rias AS's Cash Conversion Cycle falls into.


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Rias AS 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.

Rias AS's Cash Conversion Cycle for the fiscal year that ended in Sep. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=73.36+49.02-37.96
=84.42

Rias AS's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=80.16+67.31-38.46
=109.01

* 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.


Rias AS  (OCSE:RIAS B) 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.


Rias AS Cash Conversion Cycle Related Terms

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


Rias AS Business Description

Traded in Other Exchanges
N/A
Address
Industrivej 11, Roskilde, DNK, 4000
Rias AS distributes semi-manufactured plastic products for building and construction work as well as the industry and public sector in Scandinavia. It operates through the construction and industry product sectors. The company has one operating segment and operates within two product areas which are Sale, processing and distribution of semi-finished plastic products to all branches of the building and construction sector. (Construction) and Sale, processing and distribution of semi-finished plastic products to industry and the public sector Key revenue is generated from domestic sales. Geographically located in Denmark, Sweden and Other Countries. Maximum revenue is from Denmark.

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