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Bens Creek Group (STU:6RX) Cash Conversion Cycle : 17.36 (As of Sep. 2023)


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What is Bens Creek Group Cash Conversion Cycle?

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

Bens Creek Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 3.68.
Bens Creek Group's Days Inventory for the six months ended in Sep. 2023 was 34.2.
Bens Creek Group's Days Payable for the six months ended in Sep. 2023 was 20.52.
Therefore, Bens Creek Group's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 17.36.


Bens Creek Group Cash Conversion Cycle Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group Cash Conversion Cycle Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
Cash Conversion Cycle
- 11.86 15.65

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - 0.23 10.09 20.28 17.36

Competitive Comparison of Bens Creek Group's Cash Conversion Cycle

For the Coking Coal subindustry, Bens Creek Group'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.


Bens Creek Group's Cash Conversion Cycle Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bens Creek Group's Cash Conversion Cycle falls into.



Bens Creek Group 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.

Bens Creek Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.11+26.47-14.93
=15.65

Bens Creek Group's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.68+34.2-20.52
=17.36

* 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.


Bens Creek Group  (STU:6RX) 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.


Bens Creek Group Cash Conversion Cycle Related Terms

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Bens Creek Group (STU:6RX) Business Description

Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

Bens Creek Group (STU:6RX) Headlines

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