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Stella Chemifa (Stella Chemifa) Cash Conversion Cycle : 129.75 (As of Dec. 2023)


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What is Stella Chemifa Cash Conversion Cycle?

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

Stella Chemifa's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.21.
Stella Chemifa's Days Inventory for the three months ended in Dec. 2023 was 78.07.
Stella Chemifa's Days Payable for the three months ended in Dec. 2023 was 14.53.
Therefore, Stella Chemifa's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 129.75.


Stella Chemifa Cash Conversion Cycle Historical Data

The historical data trend for Stella Chemifa'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.

Stella Chemifa Cash Conversion Cycle Chart

Stella Chemifa Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.16 147.79 134.19 138.54 154.34

Stella Chemifa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 158.77 154.87 159.92 129.75 155.64

Competitive Comparison of Stella Chemifa's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Stella Chemifa'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.


Stella Chemifa's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Stella Chemifa's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Stella Chemifa's Cash Conversion Cycle falls into.



Stella Chemifa 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.

Stella Chemifa's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.1+88.48-22.24
=154.34

Stella Chemifa's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=66.21+78.07-14.53
=129.75

* 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.


Stella Chemifa  (OTCPK:SLAHF) 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.


Stella Chemifa Cash Conversion Cycle Related Terms

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Stella Chemifa (Stella Chemifa) Business Description

Traded in Other Exchanges
Address
NM Plaza Midosuji 3F, 3-6-3 Awaji–machi, Chuo-ku, Osaka, JPN, 541-0047
Stella Chemifa Corp engages in the manufacture, supply, and sale of high-purity chemicals. Its operations are carried out through the following segments: High-Purity Chemicals, Transportation, Medical, Cosmetics, Energy Management and Other. The High-Purity Chemicals unit deals with the production and sale of high-purity chemicals. Transportation services handle the transport, storage, and customs duties of chemicals. The Medical unit manages pharmaceutical research. Additionally, the firm is involved in the sale of cosmetics, dealing with network related equipment and software development, insurance agency, automobile maintenance, energy maintenance system, and Moonlight (phosphorescent products) businesses.

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