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Marka Yatirim Holding AS (IST:MARKA) Cash Conversion Cycle : 0.00 (As of Jun. 2017)


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What is Marka Yatirim Holding AS Cash Conversion Cycle?

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

Marka Yatirim Holding AS's Days Sales Outstanding for the three months ended in Jun. 2017 was 0.
Marka Yatirim Holding AS's Days Inventory for the three months ended in Jun. 2017 was 0.
Marka Yatirim Holding AS's Days Payable for the three months ended in Jun. 2017 was 0.
Therefore, Marka Yatirim Holding AS's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2017 was 0.00.


Marka Yatirim Holding AS Cash Conversion Cycle Historical Data

The historical data trend for Marka Yatirim Holding AS'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.

Marka Yatirim Holding AS Cash Conversion Cycle Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only - - -1,320.02 700.88 149.50

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 - 139.30 649.09 - -

Competitive Comparison of Marka Yatirim Holding AS's Cash Conversion Cycle

For the Asset Management subindustry, Marka Yatirim Holding AS'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.


Marka Yatirim Holding AS's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Marka Yatirim Holding AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Marka Yatirim Holding AS's Cash Conversion Cycle falls into.



Marka Yatirim Holding AS 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.

Marka Yatirim Holding AS'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
=133.82+58.27-42.59
=149.50

Marka Yatirim Holding AS's Cash Conversion Cycle for the quarter that ended in Jun. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Marka Yatirim Holding AS  (IST:MARKA) 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.


Marka Yatirim Holding AS Cash Conversion Cycle Related Terms

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Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

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