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Naba Alsaha Medical Services Co (SAU:9546) Cash Conversion Cycle : 160.36 (As of Dec. 2024)


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What is Naba Alsaha Medical Services Co Cash Conversion Cycle?

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

Naba Alsaha Medical Services Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 172.22.
Naba Alsaha Medical Services Co's Days Inventory for the six months ended in Dec. 2024 was 28.33.
Naba Alsaha Medical Services Co's Days Payable for the six months ended in Dec. 2024 was 40.19.
Therefore, Naba Alsaha Medical Services Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 160.36.


Naba Alsaha Medical Services Co Cash Conversion Cycle Historical Data

The historical data trend for Naba Alsaha Medical Services 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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Naba Alsaha Medical Services Co Cash Conversion Cycle Chart

Naba Alsaha Medical Services Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
181.42 165.24 145.84 168.55

Naba Alsaha Medical Services Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial 160.84 163.57 158.52 161.98 160.36

Competitive Comparison of Naba Alsaha Medical Services Co's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Naba Alsaha Medical Services 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.


Naba Alsaha Medical Services Co's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Naba Alsaha Medical Services Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Naba Alsaha Medical Services Co's Cash Conversion Cycle falls into.


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Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co'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
=182.85+26.55-40.85
=168.55

Naba Alsaha Medical Services Co's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=172.22+28.33-40.19
=160.36

* 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.


Naba Alsaha Medical Services Co  (SAU:9546) 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.


Naba Alsaha Medical Services Co Cash Conversion Cycle Related Terms

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Naba Alsaha Medical Services Co Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Bin Hadhlana Street, Al-Khuzama District, Al Khobar, SAU, 31911
Naba Alsaha Medical Services Co engages in the operation and management of AlZahra Hospital, Manarat Al-Haramain Pharmacy, and the Company's branch for medical services in Al-Khobar. The hospital provides medical services in outpatient and inpatient facilities, surgery, emergency, and intensive care. The pharmacy provides services to AlZahra General Hospital OPD patients and to patients who have medical prescriptions from other hospitals. The branch was established to provide maintenance and housekeeping services to AlZahra General Hospital as well as maintenance services to the hospital housing.

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