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Bankware Global Co (XKRX:199480) Cash Conversion Cycle : -7.74 (As of Mar. 2025)


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What is Bankware Global Co Cash Conversion Cycle?

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

Bankware Global Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 15.01.
Bankware Global Co's Days Inventory for the three months ended in Mar. 2025 was 0.
Bankware Global Co's Days Payable for the three months ended in Mar. 2025 was 22.75.
Therefore, Bankware Global Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was -7.74.


Bankware Global Co Cash Conversion Cycle Historical Data

The historical data trend for Bankware Global 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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Bankware Global Co Cash Conversion Cycle Chart

Bankware Global Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.01 17.12 32.47 23.40 22.67

Bankware Global Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
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 44.57 36.42 5.45 -2.17 -7.74

Competitive Comparison of Bankware Global Co's Cash Conversion Cycle

For the Software - Application subindustry, Bankware Global 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.


Bankware Global Co's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Bankware Global Co's Cash Conversion Cycle distribution charts can be found below:

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


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Bankware Global 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.

Bankware Global Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=54.41+0-31.74
=22.67

Bankware Global Co's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.01+0-22.75
=-7.74

* 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.


Bankware Global Co  (XKRX:199480) 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.


Bankware Global Co Cash Conversion Cycle Related Terms

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Bankware Global Co Business Description

Traded in Other Exchanges
N/A
Address
19, Seosomun-ro 11-gil, 12th floor, B-dong, Jeong-dong, Baejae Jeong-dong Building, Jung-gu, Seoul, KOR
Bankware Global Co Ltd operates as a banking software developer. The company provides financial software development and core banking solutions. The company develops financial institution products and financial transaction business software and supplies them to domestic and international banks and financial companies.

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