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C-QUADRAT Investment AG (XTER:C8I) Cash Conversion Cycle : -4.28 (As of Jun. 2018)


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What is C-QUADRAT Investment AG Cash Conversion Cycle?

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

C-QUADRAT Investment AG's Days Sales Outstanding for the three months ended in Jun. 2018 was 40.06.
C-QUADRAT Investment AG's Days Inventory for the three months ended in Jun. 2018 was 0.
C-QUADRAT Investment AG's Days Payable for the three months ended in Jun. 2018 was 44.34.
Therefore, C-QUADRAT Investment AG's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2018 was -4.28.


C-QUADRAT Investment AG Cash Conversion Cycle Historical Data

The historical data trend for C-QUADRAT Investment AG'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.

C-QUADRAT Investment AG Cash Conversion Cycle Chart

C-QUADRAT Investment AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.48 -8.35 -5.61 -15.10 4.48

C-QUADRAT Investment AG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.36 -9.21 -2.79 8.95 -4.28

Competitive Comparison of C-QUADRAT Investment AG's Cash Conversion Cycle

For the Asset Management subindustry, C-QUADRAT Investment AG'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.


C-QUADRAT Investment AG's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, C-QUADRAT Investment AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where C-QUADRAT Investment AG's Cash Conversion Cycle falls into.



C-QUADRAT Investment AG 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.

C-QUADRAT Investment AG's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=67.27+0-62.79
=4.48

C-QUADRAT Investment AG's Cash Conversion Cycle for the quarter that ended in Jun. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=40.06+0-44.34
=-4.28

* 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.


C-QUADRAT Investment AG  (XTER:C8I) 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.


C-QUADRAT Investment AG Cash Conversion Cycle Related Terms

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C-QUADRAT Investment AG (XTER:C8I) Business Description

Traded in Other Exchanges
N/A
Address
Schottenfeldgasse 20, Vienna, AUT, 1070
C-QUADRAT Investment AG is Austria - based asset management company. Its core business is to analysis and management of investment funds and the management and marketing of its own funds of funds, stock-picking funds as well as special mandates for institutional clients. The company handles the management of external assets within the scope of publicly launched investment funds as well as the marketing of the company's own investment funds and products. Its operating segments include Investments, and Asset Management and Sales. The company's revenue comprises of revenue received for rendering services in the securities and fund management field.

C-QUADRAT Investment AG (XTER:C8I) Headlines

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