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Mintech Co (XKRX:452200) Cash Conversion Cycle : 286.73 (As of Mar. 2025)


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What is Mintech Co Cash Conversion Cycle?

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

Mintech Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 159.25.
Mintech Co's Days Inventory for the three months ended in Mar. 2025 was 350.53.
Mintech Co's Days Payable for the three months ended in Mar. 2025 was 223.05.
Therefore, Mintech Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 286.73.


Mintech Co Cash Conversion Cycle Historical Data

The historical data trend for Mintech 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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Mintech Co Cash Conversion Cycle Chart

Mintech Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
45.11 94.64 80.42 44.95

Mintech Co Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 262.85 236.84 196.05 43.45 286.73

Competitive Comparison of Mintech Co's Cash Conversion Cycle

For the Electrical Equipment & Parts subindustry, Mintech 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.


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

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

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


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Mintech 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.

Mintech 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
=43.25+46.52-44.82
=44.95

Mintech 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
=159.25+350.53-223.05
=286.73

* 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.


Mintech Co  (XKRX:452200) 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.


Mintech Co Cash Conversion Cycle Related Terms

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Mintech Co Business Description

Traded in Other Exchanges
N/A
Address
263-1, Techno 2-ro, Yuseong-gu, Daejeon, KOR
Mintech Co Ltd operates in Battery and Energy Storage Systems Industries. It is engaged in the design, development, and mass production of lithium secondary batteries, its specialists are equipped to implement electrochemical-based battery analysis methods and diagnostic algorithms and continue developing battery diagnostic solutions. Its products and solutions include ?Battery Inspection and Diagnosis Solutions, Integrated AC Impedance Formation Process, Reusable Battery ESS, Electric Vehicle Battery Discharger, and B On Scope.

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