Vitrocell Co (XKRX:082920) Cash Conversion Cycle : 202.56 (As of Mar. 2024)

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What is Vitrocell Co Cash Conversion Cycle?

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

Vitrocell Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.38.
Vitrocell Co's Days Inventory for the three months ended in Mar. 2024 was 167.66.
Vitrocell Co's Days Payable for the three months ended in Mar. 2024 was 23.48.
Therefore, Vitrocell Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 202.56.

Vitrocell Co Cash Conversion Cycle Historical Data

The historical data trend for Vitrocell 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.

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Vitrocell Co Cash Conversion Cycle Chart

Vitrocell Co Annual Data

Trend

Mar14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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122.98

154.12

166.81

158.81

147.56

Vitrocell 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															187.96	154.56	150.15	145.46	202.56

Competitive Comparison of Vitrocell Co's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Vitrocell 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.

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

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

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

Vitrocell 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.

Vitrocell Co'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
	=	49.43	+	123.4	-	25.27
	=	147.56

Vitrocell 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
	=	58.38	+	167.66	-	23.48
	=	202.56

Vitrocell Co (XKRX:082920) 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.

Vitrocell Co Cash Conversion Cycle Related Terms

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Vitrocell Co (XKRX:082920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vitrocell Co Ltd (XKRX:082920) » Definitions » Cash Conversion Cycle

Traded in Other Exchanges

N/A

Address

70, Indeoseupakeu-ro, Hapdeok-eup, Chungcheongnam-do, Dangjin-si, KOR, 31816

Website

http://www.vitzrocell.com

Vitrocell Co Ltd is a provider of power solutions and related services. It offers lithium primary batteries that have applications in Smart Grid, Military System, Smart Ammunition and Oil & Gas industry among others.

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