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Gevorkyan CZ sro (XPRA:GEV) Cash Conversion Cycle : 157.76 (As of Mar. 2024)


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What is Gevorkyan CZ sro Cash Conversion Cycle?

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

Gevorkyan CZ sro's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.61.
Gevorkyan CZ sro's Days Inventory for the three months ended in Mar. 2024 was 157.98.
Gevorkyan CZ sro's Days Payable for the three months ended in Mar. 2024 was 111.83.
Therefore, Gevorkyan CZ sro's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 157.76.


Gevorkyan CZ sro Cash Conversion Cycle Historical Data

The historical data trend for Gevorkyan CZ sro'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.

Gevorkyan CZ sro Cash Conversion Cycle Chart

Gevorkyan CZ sro Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 287.31 233.78 239.84 276.22 216.20

Gevorkyan CZ sro Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 119.54 - - 135.19 157.76

Competitive Comparison of Gevorkyan CZ sro's Cash Conversion Cycle

For the Tools & Accessories subindustry, Gevorkyan CZ sro'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.


Gevorkyan CZ sro's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gevorkyan CZ sro's Cash Conversion Cycle falls into.



Gevorkyan CZ sro 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.

Gevorkyan CZ sro'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
=127.24+241.14-152.18
=216.20

Gevorkyan CZ sro'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
=111.61+157.98-111.83
=157.76

* 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.


Gevorkyan CZ sro  (XPRA:GEV) 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.


Gevorkyan CZ sro Cash Conversion Cycle Related Terms

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Gevorkyan CZ sro (XPRA:GEV) Business Description

Traded in Other Exchanges
Address
Karolinska 661/4, Karlín, Praha 8, Prague, CZE, 186 00
Gevorkyan CZ sro engages in powder metallurgy. Its technologies consist of Powder metallurgy (PM SINTER) Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces; Metal powder injection moulding (MIM) technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces; Hot isostatic pressing (HIP) is the process of compacting powders or castings and sintered parts in a furnace at high pressure and temperature; Additive manufacturing (AM) is the deposition of fine layers of metal powders on a 3D printer followed by sintering.

Gevorkyan CZ sro (XPRA:GEV) Headlines

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