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Krukivsky Carriage Works PJSC (UKEX:KVBZ) Cash Conversion Cycle : 253.70 (As of Dec. 2022)


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What is Krukivsky Carriage Works PJSC Cash Conversion Cycle?

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

Krukivsky Carriage Works PJSC's Days Sales Outstanding for the six months ended in Dec. 2022 was 99.13.
Krukivsky Carriage Works PJSC's Days Inventory for the six months ended in Dec. 2022 was 170.2.
Krukivsky Carriage Works PJSC's Days Payable for the six months ended in Dec. 2022 was 15.63.
Therefore, Krukivsky Carriage Works PJSC's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was 253.70.


Krukivsky Carriage Works PJSC Cash Conversion Cycle Historical Data

The historical data trend for Krukivsky Carriage Works PJSC'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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Krukivsky Carriage Works PJSC Cash Conversion Cycle Chart

Krukivsky Carriage Works PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial 113.34 115.07 229.45 241.71 253.70

Krukivsky Carriage Works PJSC Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle Get a 7-Day Free Trial 113.34 115.07 229.45 241.71 253.70

Competitive Comparison of Krukivsky Carriage Works PJSC's Cash Conversion Cycle

For the Railroads subindustry, Krukivsky Carriage Works PJSC'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.


Krukivsky Carriage Works PJSC's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Krukivsky Carriage Works PJSC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Krukivsky Carriage Works PJSC's Cash Conversion Cycle falls into.



Krukivsky Carriage Works PJSC 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.

Krukivsky Carriage Works PJSC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=99.13+170.2-15.63
=253.70

Krukivsky Carriage Works PJSC's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=99.13+170.2-15.63
=253.70

* 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.


Krukivsky Carriage Works PJSC  (UKEX:KVBZ) 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.


Krukivsky Carriage Works PJSC Cash Conversion Cycle Related Terms

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Krukivsky Carriage Works PJSC (UKEX:KVBZ) Business Description

Traded in Other Exchanges
N/A
Address
139, Prikhodko Street, Kremenchug, UKR, 39621
Krukivsky Carriage Works PJSC is engaged in the manufacturing of railway vehicles in Ukraine. The Company produces new bogies for freight cars, passenger coaches and metro cars, tunnel and floor-to-floor escalators and welding electrodes.

Krukivsky Carriage Works PJSC (UKEX:KVBZ) Headlines

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