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MBC Group Co (SAU:4072) Cash Conversion Cycle : 299.87 (As of Mar. 2024)


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What is MBC Group Co Cash Conversion Cycle?

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

MBC Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.17.
MBC Group Co's Days Inventory for the three months ended in Mar. 2024 was 270.67.
MBC Group Co's Days Payable for the three months ended in Mar. 2024 was 50.97.
Therefore, MBC Group Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 299.87.


MBC Group Co Cash Conversion Cycle Historical Data

The historical data trend for MBC Group 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.

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MBC Group Co Cash Conversion Cycle Chart

MBC Group Co Annual Data
Trend
Cash Conversion Cycle

MBC Group Co Quarterly Data
Mar24
Cash Conversion Cycle 299.87

Competitive Comparison of MBC Group Co's Cash Conversion Cycle

For the Broadcasting subindustry, MBC Group 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.


MBC Group Co's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MBC Group Co's Cash Conversion Cycle distribution charts can be found below:

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



MBC Group 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.

MBC Group Co's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

MBC Group Co's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=80.17+270.67-50.97
=299.87

* 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.


MBC Group Co  (SAU:4072) 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.


MBC Group Co Cash Conversion Cycle Related Terms

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MBC Group Co (SAU:4072) Business Description

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MBC Group Co is a media company in the middle East and north africa having principal activities consisting of information, communication, education, arts, entertainment and recreation. It has has continued to grow its presence and audience reach in the MENA region where it broadcasts 13 FTA TV channels and owns Shahid, the leading over-the-top video streaming platform in the MENA region in terms of subscribers.

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