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Burckhardt Compression Holding AG (XSWX:BCHN) Cash Conversion Cycle : 221.05 (As of Sep. 2023)


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What is Burckhardt Compression Holding AG Cash Conversion Cycle?

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

Burckhardt Compression Holding AG's Days Sales Outstanding for the six months ended in Sep. 2023 was 113.23.
Burckhardt Compression Holding AG's Days Inventory for the six months ended in Sep. 2023 was 176.85.
Burckhardt Compression Holding AG's Days Payable for the six months ended in Sep. 2023 was 69.03.
Therefore, Burckhardt Compression Holding AG's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 221.05.


Burckhardt Compression Holding AG Cash Conversion Cycle Historical Data

The historical data trend for Burckhardt Compression Holding AG'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.

Burckhardt Compression Holding AG Cash Conversion Cycle Chart

Burckhardt Compression Holding AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.46 245.77 211.52 187.83 174.23

Burckhardt Compression Holding AG Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 246.81 180.55 207.96 151.78 221.05

Competitive Comparison of Burckhardt Compression Holding AG's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Burckhardt Compression Holding AG'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.


Burckhardt Compression Holding AG's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Burckhardt Compression Holding AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Burckhardt Compression Holding AG's Cash Conversion Cycle falls into.



Burckhardt Compression Holding AG 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.

Burckhardt Compression Holding AG'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
=110.98+127.59-64.34
=174.23

Burckhardt Compression Holding AG'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
=113.23+176.85-69.03
=221.05

* 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.


Burckhardt Compression Holding AG  (XSWX:BCHN) 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.


Burckhardt Compression Holding AG Cash Conversion Cycle Related Terms

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Burckhardt Compression Holding AG (XSWX:BCHN) Business Description

Traded in Other Exchanges
Address
Franz-Burckhardt-Strasse 5, P.O. Box 3352, Winterthur, CHE, CH-8404
Burckhardt Compression Holding AG is a Switzerland-based company that manufactures and distributes reciprocating compressors. The company provides customized compressor systems for industries including upstream oil and gas, gas transport and storage, refinery, chemicals, and petrochemical and industrial gas. In addition, the company provides compressor components and related aftermarket services to help clients lower their reciprocating compressor systems' costs. The company has a global presence, with the majority of sales from Europe, Asia, Australia, the Middle East, and North America.

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