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Communication and System Solution PCL (BKK:CSS) Cash Conversion Cycle : 49.89 (As of Mar. 2024)


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What is Communication and System Solution PCL Cash Conversion Cycle?

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

Communication and System Solution PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 115.76.
Communication and System Solution PCL's Days Inventory for the three months ended in Mar. 2024 was 59.3.
Communication and System Solution PCL's Days Payable for the three months ended in Mar. 2024 was 125.17.
Therefore, Communication and System Solution PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 49.89.


Communication and System Solution PCL Cash Conversion Cycle Historical Data

The historical data trend for Communication and System Solution 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.

* Premium members only.

Communication and System Solution PCL Cash Conversion Cycle Chart

Communication and System Solution PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.43 48.79 46.91 44.95 47.46

Communication and System Solution PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.59 80.71 82.24 61.22 49.89

Competitive Comparison of Communication and System Solution PCL's Cash Conversion Cycle

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Cash Conversion Cycle falls into.



Communication and System Solution 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.

Communication and System Solution 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
=110.94+47.86-111.34
=47.46

Communication and System Solution 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
=115.76+59.3-125.17
=49.89

* 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.


Communication and System Solution PCL  (BKK:CSS) 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.


Communication and System Solution PCL Cash Conversion Cycle Related Terms

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Communication and System Solution PCL (BKK:CSS) Business Description

Traded in Other Exchanges
N/A
Address
329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.

Communication and System Solution PCL (BKK:CSS) Headlines