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PT Sugih Energy Tbk (PT Sugih Energy Tbk) Cash Conversion Cycle : -28,161.59 (As of Sep. 2018)


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What is PT Sugih Energy Tbk Cash Conversion Cycle?

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

PT Sugih Energy Tbk's Days Sales Outstanding for the three months ended in Sep. 2018 was 10.22.
PT Sugih Energy Tbk's Days Inventory for the three months ended in Sep. 2018 was 0.
PT Sugih Energy Tbk's Days Payable for the three months ended in Sep. 2018 was 28171.81.
Therefore, PT Sugih Energy Tbk's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2018 was -28,161.59.


PT Sugih Energy Tbk Cash Conversion Cycle Historical Data

The historical data trend for PT Sugih Energy Tbk'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.

PT Sugih Energy Tbk Cash Conversion Cycle Chart

PT Sugih Energy Tbk Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,008.69 -1,142.20 -2,146.53 -1,207.82 -33,532.67

PT Sugih Energy Tbk Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 110.26 -374,777.33 -20,820.79 -44,096.56 -28,161.59

Competitive Comparison of PT Sugih Energy Tbk's Cash Conversion Cycle

For the Oil & Gas E&P subindustry, PT Sugih Energy Tbk'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.


PT Sugih Energy Tbk's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Sugih Energy Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Sugih Energy Tbk's Cash Conversion Cycle falls into.



PT Sugih Energy Tbk 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.

PT Sugih Energy Tbk's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=246.94+0-33779.61
=-33,532.67

PT Sugih Energy Tbk's Cash Conversion Cycle for the quarter that ended in Sep. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=10.22+0-28171.81
=-28,161.59

* 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.


PT Sugih Energy Tbk  (OTCPK:PSUGF) 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.


PT Sugih Energy Tbk Cash Conversion Cycle Related Terms

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PT Sugih Energy Tbk (PT Sugih Energy Tbk) Business Description

Traded in Other Exchanges
N/A
Address
Jalan TB. Simatupang No.5, Gedung AD Premier 17th Floor, Ragunan Pasar Minggu, Jakarta Selatan, IDN, 12550
PT Sugih Energy Tbk is an Indonesia-based energy manufacturer. The company primarily engages in oil and gas exploration, and production. It holds interests in Lemang block, Selat Panjang block, and Kalyani block.

PT Sugih Energy Tbk (PT Sugih Energy Tbk) Headlines

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