DLB Anlageservice AG (STU:DLB) Cash Conversion Cycle : -683.16 (As of Dec. 2022)

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What is DLB Anlageservice AG Cash Conversion Cycle?

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

DLB Anlageservice AG's Days Sales Outstanding for the six months ended in Dec. 2022 was 0.
DLB Anlageservice AG's Days Inventory for the six months ended in Dec. 2022 was 0.
DLB Anlageservice AG's Days Payable for the six months ended in Dec. 2022 was 683.16.
Therefore, DLB Anlageservice AG's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was -683.16.

DLB Anlageservice AG Cash Conversion Cycle Historical Data

The historical data trend for DLB Anlageservice 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.

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DLB Anlageservice AG Cash Conversion Cycle Chart

DLB Anlageservice AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash Conversion Cycle

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-358.11

-383.94

-278.49

-683.16

DLB Anlageservice AG Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash Conversion Cycle	Get a 7-Day Free Trial											-	-358.11	-383.94	-278.49	-683.16

Competitive Comparison of DLB Anlageservice AG's Cash Conversion Cycle

For the Asset Management subindustry, DLB Anlageservice 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.

DLB Anlageservice AG's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DLB Anlageservice AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where DLB Anlageservice AG's Cash Conversion Cycle falls into.

DLB Anlageservice 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.

DLB Anlageservice AG'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
	=	0	+	0	-	683.16
	=	-683.16

DLB Anlageservice AG'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
	=	0	+	0	-	683.16
	=	-683.16

DLB Anlageservice AG (STU:DLB) 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.

DLB Anlageservice AG Cash Conversion Cycle Related Terms

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