GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Qualicorp Consultoria E Corretora De Seguros SA (BSP:QUAL3) » Definitions » Cash Conversion Cycle

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Cash Conversion Cycle : 85.50 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Qualicorp Consultoria E Corretora De Seguros Cash Conversion Cycle?

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

Qualicorp Consultoria E Corretora De Seguros's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.38.
Qualicorp Consultoria E Corretora De Seguros's Days Inventory for the three months ended in Dec. 2023 was 28.12.
Qualicorp Consultoria E Corretora De Seguros's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 85.50.


Qualicorp Consultoria E Corretora De Seguros Cash Conversion Cycle Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros'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.

Qualicorp Consultoria E Corretora De Seguros Cash Conversion Cycle Chart

Qualicorp Consultoria E Corretora De Seguros 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 21.51 -26.39 11.95 20.34 51.89

Qualicorp Consultoria E Corretora De Seguros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 48.65 44.75 47.11 80.16 85.50

Competitive Comparison of Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle

For the Healthcare Plans subindustry, Qualicorp Consultoria E Corretora De Seguros'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.


Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle falls into.



Qualicorp Consultoria E Corretora De Seguros 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.

Qualicorp Consultoria E Corretora De Seguros'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
=52.57+0-0.68
=51.89

Qualicorp Consultoria E Corretora De Seguros'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
=57.38+28.12-0
=85.50

* 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.


Qualicorp Consultoria E Corretora De Seguros  (BSP:QUAL3) 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.


Qualicorp Consultoria E Corretora De Seguros Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Qualicorp Consultoria E Corretora De Seguros's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines

No Headlines