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A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) Cash Conversion Cycle : 22.31 (As of Dec. 2023)


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What is A1 Capital Yatirim Menkul Degerler A S Cash Conversion Cycle?

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

A1 Capital Yatirim Menkul Degerler A S's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.22.
A1 Capital Yatirim Menkul Degerler A S's Days Inventory for the three months ended in Dec. 2023 was 0.
A1 Capital Yatirim Menkul Degerler A S's Days Payable for the three months ended in Dec. 2023 was 15.91.
Therefore, A1 Capital Yatirim Menkul Degerler A S's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 22.31.


A1 Capital Yatirim Menkul Degerler A S Cash Conversion Cycle Historical Data

The historical data trend for A1 Capital Yatirim Menkul Degerler A S'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.

A1 Capital Yatirim Menkul Degerler A S Cash Conversion Cycle Chart

A1 Capital Yatirim Menkul Degerler A S Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
28.16 16.12 11.08 30.00

A1 Capital Yatirim Menkul Degerler A S Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.70 30.56 28.58 31.27 22.31

Competitive Comparison of A1 Capital Yatirim Menkul Degerler A S's Cash Conversion Cycle

For the Capital Markets subindustry, A1 Capital Yatirim Menkul Degerler A S'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.


A1 Capital Yatirim Menkul Degerler A S's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A1 Capital Yatirim Menkul Degerler A S's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where A1 Capital Yatirim Menkul Degerler A S's Cash Conversion Cycle falls into.



A1 Capital Yatirim Menkul Degerler A S 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.

A1 Capital Yatirim Menkul Degerler A S'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
=52.17+0-22.17
=30.00

A1 Capital Yatirim Menkul Degerler A S'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
=38.22+0-15.91
=22.31

* 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.


A1 Capital Yatirim Menkul Degerler A S  (IST:A1CAP) 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.


A1 Capital Yatirim Menkul Degerler A S Cash Conversion Cycle Related Terms

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A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) Business Description

Traded in Other Exchanges
N/A
Address
Esentepe Mahallesi Buyukdere Caddesi Levent Plaza Blok No: 173, Ic Kap? No: 29 Sisli, Istanbul, TUR, 34398
A1 Capital Yatirim Menkul Degerler A S offers solutions in all areas of capital markets. It offers a wide array of services covering capital markets such as brokerage in stock and VIOP transactions, Investment Advisory, Portfolio Management, Public Offering, Debt Instrument Issues, Company Valuation, Company Acquisitions and Mergers, Project Finance, Capital Raising, and Call Transactions. offers custom solutions. Its objective is to offer its investors the investment opportunities of the digital age.

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