Revenga Ingenieros's Days Sales Outstanding for the
six
months ended in Jun. 2024 was 152.28.
Revenga Ingenieros's Days Inventory for the
six
months ended in Jun. 2024 was 471.68.
Revenga Ingenieros's Days Payable for the
six
months ended in Jun. 2024 was 453.67.
Therefore, Revenga Ingenieros's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2024 was 170.29.
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.
Revenga Ingenieros Cash Conversion Cycle Related Terms
Revenga Ingenieros Cash Conversion Cycle Historical Data
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The historical data trend for Revenga Ingenieros'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.
XMAD:RSS vs IBM, ACN, FI: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, Revenga Ingenieros'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.
Revenga Ingenieros Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Revenga Ingenieros's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Revenga Ingenieros's Cash Conversion Cycle falls into.
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.
Revenga Ingenieros's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Revenga Ingenieros (XMAD:RSS) has a Cash Conversion Cycle of 170.29 as of Jun. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Revenga Ingenieros and its competitors.
Is Revenga Ingenieros' Cash Conversion Cycle too high?
Revenga Ingenieros' current Cash Conversion Cycle is 170.29. The Software industry median Cash Conversion Cycle is 32.53. Revenga Ingenieros' value of 170.29 is 423.5% above this industry median. Overall, Revenga Ingenieros has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Revenga Ingenieros' Cash Conversion Cycle compare to IBM and ACN?
Revenga Ingenieros' Cash Conversion Cycle of 170.29 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.53. Revenga Ingenieros' value of 170.29 is 423.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Software company?
The median Cash Conversion Cycle among Software companies is 32.53, based on 2,807 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Revenga Ingenieros's current Cash Conversion Cycle of 170.29 is 423.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Revenga Ingenieros and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revenga Ingenieros's current Cash Conversion Cycle is 170.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revenga Ingenieros stock overvalued right now?
Revenga Ingenieros (XMAD:RSS) has a current Cash Conversion Cycle of 170.29. The current Cash Conversion Cycle is 170.29 and 423.5% above the Software industry median of 32.53. Revenga Ingenieros' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Revenga Ingenieros (XMAD:RSS), the current Cash Conversion Cycle is 170.29 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.
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