Piippo Oyj (OHEL:PIIPPO) Cash Conversion Cycle: 0.00 (As of Sep. 2022)

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What is Piippo Oyj Cash Conversion Cycle?

Piippo Oyj OHEL:PIIPPO Cash Conversion Cycle is 0.00 as of Sep. 2022.

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

Piippo Oyj's Days Sales Outstanding for the six months ended in Sep. 2022 was 0.
Piippo Oyj's Days Inventory for the six months ended in Sep. 2022 was 0.
Piippo Oyj's Days Payable for the six months ended in Sep. 2022 was 0.
Therefore, Piippo Oyj's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2022 was 0.00.


Piippo Oyj  (OHEL:PIIPPO) 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.


Piippo Oyj Cash Conversion Cycle Related Terms


Piippo Oyj Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Piippo Oyj'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.

Piippo Oyj Cash Conversion Cycle Chart

Piippo Oyj Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Sep22
Cash Conversion Cycle
Get a 7-Day Free Trial 187.13 175.13 200.49 201.35 188.26

Piippo Oyj Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep22
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 145.28 686.38 180.09 2,206.11 0.00

OHEL:PIIPPO vs MBLY, APTV, LKQ: Cash Conversion Cycle Comparison

For the Textile Manufacturing subindustry, Piippo Oyj'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.


Piippo Oyj Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piippo Oyj's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Piippo Oyj's Cash Conversion Cycle falls into.



Piippo Oyj 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.

Piippo Oyj's Cash Conversion Cycle for the fiscal year that ended in Sep. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=35.96+187.27-34.97
=188.26

Piippo Oyj's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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 0.00 mean?
Piippo Oyj (OHEL:PIIPPO) has a Cash Conversion Cycle of 0.00 as of Sep. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Piippo Oyj and its competitors.
Is Piippo Oyj's Cash Conversion Cycle too high?
Piippo Oyj's current Cash Conversion Cycle is 0.00.
How does Piippo Oyj's Cash Conversion Cycle compare to MBLY and APTV?
Piippo Oyj's Cash Conversion Cycle of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.85. 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.85, based on 1,043 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. 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 Piippo Oyj and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piippo Oyj's current Cash Conversion Cycle is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piippo Oyj stock overvalued right now?
Piippo Oyj (OHEL:PIIPPO) has a current Cash Conversion Cycle of 0.00. The current Cash Conversion Cycle is 0.00. 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 Piippo Oyj (OHEL:PIIPPO), the current Cash Conversion Cycle is 0.00 as of Sep. 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.

Piippo Oyj Business Description

Address Sysmajarventie 3, Outokumpu, FIN, 83500
Piippo Oyj operates in the agricultural twines, net wraps, synthetic ropes and yarns, cables and wires, among others.