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Finlogic SpA (MIL:FNL) Cash Conversion Cycle : 124.31 (As of Dec. 2022)


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What is Finlogic SpA Cash Conversion Cycle?

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

Finlogic SpA's Days Sales Outstanding for the six months ended in Dec. 2022 was 130.05.
Finlogic SpA's Days Inventory for the six months ended in Dec. 2022 was 58.9.
Finlogic SpA's Days Payable for the six months ended in Dec. 2022 was 64.64.
Therefore, Finlogic SpA's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was 124.31.


Finlogic SpA Cash Conversion Cycle Historical Data

The historical data trend for Finlogic SpA'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.

Finlogic SpA Cash Conversion Cycle Chart

Finlogic SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial 107.24 113.47 112.13 123.75 127.44

Finlogic SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 123.31 115.87 125.67 127.00 124.31

Competitive Comparison of Finlogic SpA's Cash Conversion Cycle

For the Business Equipment & Supplies subindustry, Finlogic SpA'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.


Finlogic SpA's Cash Conversion Cycle Distribution in the Industrial Products Industry

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

* The bar in red indicates where Finlogic SpA's Cash Conversion Cycle falls into.



Finlogic SpA 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.

Finlogic SpA's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=122.83+55.76-51.15
=127.44

Finlogic SpA's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=130.05+58.9-64.64
=124.31

* 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.


Finlogic SpA  (MIL:FNL) 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.


Finlogic SpA Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Finlogic SpA's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Finlogic SpA (MIL:FNL) Business Description

Traded in Other Exchanges
N/A
Address
Z.I. Lotto 16 Via Calabria, Acquaviva delle Fonti, Bologna, ITA, 70021
Finlogic SpA is engaged in the design and manufacture of products for the foodstuffs, logistics, pharmaceutical, healthcare and cosmetics sectors. It offers labelling production for all production businesses.

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