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Synbio Tech (ROCO:1295) Cash Conversion Cycle : 155.18 (As of Mar. 2025)


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What is Synbio Tech Cash Conversion Cycle?

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

Synbio Tech's Days Sales Outstanding for the three months ended in Mar. 2025 was 38.9.
Synbio Tech's Days Inventory for the three months ended in Mar. 2025 was 150.42.
Synbio Tech's Days Payable for the three months ended in Mar. 2025 was 34.14.
Therefore, Synbio Tech's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 155.18.


Synbio Tech Cash Conversion Cycle Historical Data

The historical data trend for Synbio Tech'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.

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Synbio Tech Cash Conversion Cycle Chart

Synbio Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
178.13 151.83 166.54 152.10 137.98

Synbio Tech Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 145.15 172.81 132.96 137.82 155.18

Competitive Comparison of Synbio Tech's Cash Conversion Cycle

For the Biotechnology subindustry, Synbio Tech'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.


Synbio Tech's Cash Conversion Cycle Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Synbio Tech's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Synbio Tech's Cash Conversion Cycle falls into.


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Synbio Tech 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.

Synbio Tech's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=38.23+126.68-26.93
=137.98

Synbio Tech'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
=38.9+150.42-34.14
=155.18

* 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.


Synbio Tech  (ROCO:1295) 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.


Synbio Tech Cash Conversion Cycle Related Terms

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Synbio Tech Business Description

Traded in Other Exchanges
N/A
Address
No.66, Beiling 6th Road, Luzhu District, Kaohsiung, TWN
Synbio Tech Inc is a company specializing in the research, manufacturing, and application development of lactic acid bacteria. The company provides lactic acid bacteria screening, functional research and verification, and the introduction of advanced processes to produce safe and stable high-quality bacterial powder, OEM, ODM customized finished products, share application development technology, provide excellent service quality, and gain recognition from customers.

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