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Vitzrosys Co (XKRX:054220) Cash Conversion Cycle : 18.77 (As of Mar. 2024)


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What is Vitzrosys Co Cash Conversion Cycle?

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

Vitzrosys Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.7.
Vitzrosys Co's Days Inventory for the three months ended in Mar. 2024 was 47.51.
Vitzrosys Co's Days Payable for the three months ended in Mar. 2024 was 72.44.
Therefore, Vitzrosys Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 18.77.


Vitzrosys Co Cash Conversion Cycle Historical Data

The historical data trend for Vitzrosys 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.

* Premium members only.

Vitzrosys Co Cash Conversion Cycle Chart

Vitzrosys Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.79 112.89 -702.36 -652.55 0.27

Vitzrosys Co 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 59.75 52.07 97.69 24.09 18.77

Competitive Comparison of Vitzrosys Co's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Vitzrosys 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.


Vitzrosys Co's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vitzrosys Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vitzrosys Co's Cash Conversion Cycle falls into.



Vitzrosys 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.

Vitzrosys Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=16.97+13.32-30.02
=0.27

Vitzrosys Co'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
=43.7+47.51-72.44
=18.77

* 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.


Vitzrosys Co  (XKRX:054220) 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.


Vitzrosys Co Cash Conversion Cycle Related Terms

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Vitzrosys Co (XKRX:054220) Business Description

Traded in Other Exchanges
N/A
Address
233-3 Seongsu 2-ga, Vitzro building, Seongdong-gu, Seoul, KOR, 133-826
Vitzrosys Co Ltd is a Korea based company engaged in business fields of IT Convergence and integration business, U-City business, New and renewable energy business, System integration business, High value-added service and Overseas business. The IT Convergence and integration business cover electrical smart grid business which digitalizes the electricity transmission system and eco-friendly energy business. The U-City business offers city construction through grafting info-communications infra and ubiquitous technology to space planning. Through New and renewable energy business, the company promotes renewable energy businesses such as low-carbon green environment, nuclear power plants, waste and bio-energy, solar energy, and new and renewable energy business.

Vitzrosys Co (XKRX:054220) Headlines

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