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Tam Development Co (SAU:9570) Cash Conversion Cycle : 0.00 (As of Dec. 2022)


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What is Tam Development Co Cash Conversion Cycle?

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

Tam Development Co's Days Sales Outstanding for the three months ended in Dec. 2022 was .
Tam Development Co's Days Inventory for the three months ended in Dec. 2022 was .
Tam Development Co's Days Payable for the three months ended in Dec. 2022 was .
Therefore, Tam Development Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 0.00.


Tam Development Co Cash Conversion Cycle Historical Data

The historical data trend for Tam Development Co'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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Tam Development Co Cash Conversion Cycle Chart

Tam Development Co Annual Data
Trend Dec22 Dec23
Cash Conversion Cycle
24.99 55.44

Tam Development Co Quarterly Data
Dec22 Dec23
Cash Conversion Cycle - -

Competitive Comparison of Tam Development Co's Cash Conversion Cycle

For the Consulting Services subindustry, Tam Development Co'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.


Tam Development Co's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tam Development Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Tam Development Co's Cash Conversion Cycle falls into.



Tam Development Co 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.

Tam Development Co'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
=81.24+0-25.8
=55.44

Tam Development Co'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
=+-
=0.00

* 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.


Tam Development Co  (SAU:9570) 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.


Tam Development Co Cash Conversion Cycle Related Terms

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Tam Development Co (SAU:9570) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363
Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to lead public impact.

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