OGAA (Organic Agricultural Co) Cash Conversion Cycle: 145.90 (As of Dec. 2023)


What is Organic Agricultural Co Cash Conversion Cycle?

Organic Agricultural Co OGAA Cash Conversion Cycle is 145.90 as of Dec. 2023.

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

Organic Agricultural Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.08.
Organic Agricultural Co's Days Inventory for the three months ended in Dec. 2023 was 103.46.
Organic Agricultural Co's Days Payable for the three months ended in Dec. 2023 was 9.64.
Therefore, Organic Agricultural Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 145.90.


Organic Agricultural Co  (OTCPK:OGAA) 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.


Organic Agricultural Co Cash Conversion Cycle Related Terms


Organic Agricultural Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Organic Agricultural 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.

Organic Agricultural Co Cash Conversion Cycle Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial 241.80 448.66 102.75 168.52 243.03

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 142.29 283.12 51.05 30.44 145.90

OGAA vs ADM, TSN, BG: Cash Conversion Cycle Comparison

For the Farm Products subindustry, Organic Agricultural 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.


Organic Agricultural Co Cash Conversion Cycle vs Consumer Packaged Goods Industry

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

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



Organic Agricultural 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.

Organic Agricultural Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=13.91+353.1-123.98
=243.03

Organic Agricultural Co's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=52.08+103.46-9.64
=145.90

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 145.90 mean?
Organic Agricultural Co (OGAA) has a Cash Conversion Cycle of 145.90 as of Dec. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Cash Conversion Cycle too high?
Organic Agricultural Co's current Cash Conversion Cycle is 145.90. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.52. Organic Agricultural Co's value of 145.90 is 93.2% above this industry median.
How does Organic Agricultural Co's Cash Conversion Cycle compare to ADM and TSN?
Organic Agricultural Co's Cash Conversion Cycle of 145.90 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.52. Organic Agricultural Co's value of 145.90 is 93.2% 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 a Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.52, based on 1,946 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. Organic Agricultural Co's current Cash Conversion Cycle of 145.90 is 93.2% 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 Organic Agricultural Co and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Organic Agricultural Co's current Cash Conversion Cycle is 145.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Cash Conversion Cycle of 145.90. The current Cash Conversion Cycle is 145.90 and 93.2% above the Consumer Packaged Goods industry median of 75.52. 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 Organic Agricultural Co (OGAA), the current Cash Conversion Cycle is 145.90 as of Dec. 2023. 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.

Organic Agricultural Co Business Description

Address High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.