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Gosa FOM a.d (XBEL:GFOM) Cash Conversion Cycle : 164.32 (As of Dec. 2023)


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What is Gosa FOM a.d Cash Conversion Cycle?

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

Gosa FOM a.d's Days Sales Outstanding for the six months ended in Dec. 2023 was 28.48.
Gosa FOM a.d's Days Inventory for the six months ended in Dec. 2023 was 221.95.
Gosa FOM a.d's Days Payable for the six months ended in Dec. 2023 was 86.11.
Therefore, Gosa FOM a.d's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 164.32.


Gosa FOM a.d Cash Conversion Cycle Historical Data

The historical data trend for Gosa FOM a.d'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.

Gosa FOM a.d Cash Conversion Cycle Chart

Gosa FOM a.d 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 124.62 114.62 110.80 53.33 91.15

Gosa FOM a.d Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 64.42 41.94 186.08 164.32

Competitive Comparison of Gosa FOM a.d's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Gosa FOM a.d'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.


Gosa FOM a.d's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gosa FOM a.d's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gosa FOM a.d's Cash Conversion Cycle falls into.



Gosa FOM a.d 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.

Gosa FOM a.d'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
=46.36+146.2-101.41
=91.15

Gosa FOM a.d'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
=28.48+221.95-86.11
=164.32

* 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.


Gosa FOM a.d  (XBEL:GFOM) 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.


Gosa FOM a.d Cash Conversion Cycle Related Terms

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Gosa FOM a.d (XBEL:GFOM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial 70, Smederevo Palanka, SRB
Gosa FOM a.d is a manufacturer of Lifting and Handling equipment. The company is engaged in the development, design, manufacture, erection, and services of machines and equipment. It serves energy, metallurgy and mining industry. The company produces coke mining, metallurgy, and hydro-mechanical equipment, cranes and hoists, gearboxes, steel structures and bridges, civil steel structures and vessels under pressure.

Gosa FOM a.d (XBEL:GFOM) Headlines

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