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Selena FM (WAR:SEL) Cash Conversion Cycle : 65.36 (As of Mar. 2024)


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What is Selena FM Cash Conversion Cycle?

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

Selena FM's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.88.
Selena FM's Days Inventory for the three months ended in Mar. 2024 was 75.71.
Selena FM's Days Payable for the three months ended in Mar. 2024 was 84.23.
Therefore, Selena FM's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 65.36.


Selena FM Cash Conversion Cycle Historical Data

The historical data trend for Selena FM'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.

Selena FM Cash Conversion Cycle Chart

Selena FM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.42 65.42 72.19 72.12 63.80

Selena FM 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 85.13 85.64 75.10 69.15 65.36

Competitive Comparison of Selena FM's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Selena FM'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.


Selena FM's Cash Conversion Cycle Distribution in the Chemicals Industry

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

* The bar in red indicates where Selena FM's Cash Conversion Cycle falls into.



Selena FM 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.

Selena FM's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=58.94+69.1-64.24
=63.80

Selena FM'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
=73.88+75.71-84.23
=65.36

* 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.


Selena FM  (WAR:SEL) 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.


Selena FM Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Selena FM's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Selena FM (WAR:SEL) Business Description

Traded in Other Exchanges
Address
Legnicka 48A, Wroclaw, POL, 54-202
Selena FM SA is a Poland-based company engaged in the construction materials sector. The core business of the group includes the production, distribution, and sale of construction chemicals, building materials for doors and windows, and general building accessories. Its products include polyurethane foams, adhesives, sealants, building insulation systems, flooring systems, interior wall systems, ceramic tile systems, construction mortars, waterproofing materials, and other products primarily under Tytan, Quilosa, Artelit, Cool-R, and Matizol brand names. The company's geographical segments include European Union; Eastern Europe and Asia, and North and South America. It derives a majority of its revenue from the European Union.

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