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Oliveira Trust DTVM (BSP:DMAC11) Cash Conversion Cycle : 6.66 (As of Dec. 2023)


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What is Oliveira Trust DTVM Cash Conversion Cycle?

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

Oliveira Trust DTVM's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.78.
Oliveira Trust DTVM's Days Inventory for the six months ended in Dec. 2023 was 0.
Oliveira Trust DTVM's Days Payable for the six months ended in Dec. 2023 was 8.12.
Therefore, Oliveira Trust DTVM's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 6.66.


Oliveira Trust DTVM Cash Conversion Cycle Historical Data

The historical data trend for Oliveira Trust DTVM'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.

Oliveira Trust DTVM Cash Conversion Cycle Chart

Oliveira Trust DTVM Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 4.54 3.39 2.44 5.36 9.97

Oliveira Trust DTVM Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 1.59 3.53 5.21 6.66

Competitive Comparison of Oliveira Trust DTVM's Cash Conversion Cycle

For the Asset Management subindustry, Oliveira Trust DTVM'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.


Oliveira Trust DTVM's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oliveira Trust DTVM's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Oliveira Trust DTVM's Cash Conversion Cycle falls into.



Oliveira Trust DTVM 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.

Oliveira Trust DTVM'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
=18.15+0-8.18
=9.97

Oliveira Trust DTVM's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=14.78+0-8.12
=6.66

* 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.


Oliveira Trust DTVM  (BSP:DMAC11) 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.


Oliveira Trust DTVM Cash Conversion Cycle Related Terms

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Oliveira Trust DTVM (BSP:DMAC11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avendia Of The Americas, 3434, block 7, 2nd floor, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640-102
Oliveira Trust DTVM SA operates as a trust. The company provides services such as fund administration, title registration, fiduciary services, CRIs (Real Estate Receivables Certificates), trustee in structured receivables securitization operations, investment funds, Securities Custodian and administrator, FII - Real Estate Investment Fund, FIP - Equity Investment Fund, FI 409 (Investment Funds regulated by CVM Instruction 409) and FMIEE - Mutual Fund for Emerging Companies Investment, among others.

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