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SCG Decor PCL (BKK:SCGD-F) Cash Conversion Cycle : 117.34 (As of Mar. 2024)


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What is SCG Decor PCL Cash Conversion Cycle?

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

SCG Decor PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.45.
SCG Decor PCL's Days Inventory for the three months ended in Mar. 2024 was 136.73.
SCG Decor PCL's Days Payable for the three months ended in Mar. 2024 was 67.84.
Therefore, SCG Decor PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 117.34.


SCG Decor PCL Cash Conversion Cycle Historical Data

The historical data trend for SCG Decor PCL'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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SCG Decor PCL Cash Conversion Cycle Chart

SCG Decor PCL Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
112.57 101.32 122.58

SCG Decor PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial 112.86 128.07 117.81 121.47 117.34

Competitive Comparison of SCG Decor PCL's Cash Conversion Cycle

For the Building Materials subindustry, SCG Decor PCL'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.


SCG Decor PCL's Cash Conversion Cycle Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SCG Decor PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SCG Decor PCL's Cash Conversion Cycle falls into.



SCG Decor PCL 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.

SCG Decor PCL'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
=47.73+139.46-64.61
=122.58

SCG Decor PCL'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
=48.45+136.73-67.84
=117.34

* 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.


SCG Decor PCL  (BKK:SCGD-F) 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.


SCG Decor PCL Cash Conversion Cycle Related Terms

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SCG Decor PCL (BKK:SCGD-F) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1 Siam Cement Road, Bang Sue Subdistrict, Bangkok, THA
SCG Decor PCL operates as a holding company in which its subsidiaries and associates operate business as manufacturers of Floor tiles and wall tiles in Thailand and other countries such as Vietnam, It consists of two segments namely Decor Surfaces Business, which derives the maximum revenue and Bathroom Business. Geographically, it generates majority revenue from Thailand.

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