Csh conversion cycles
Fall
MBA Institute
4th Year 2008/2009
Yassine El Halaissi Marcellin Brunot
The Cash Conversion Cycle (CCC) is a powerful ratio for assessing how well a company is managing its capital. A company with a lower CCC is more efficient because it turns its working capital over more times per year, and that allows it to generate more sales per money invested. The Purpose of this thesis is to examine the relationship between the length of the Cash Conversion Cycle, the firm size and the profitability as well as exploring and measuring the CCC of a Supply Chain. The CCC of each supply chain part will be analyzed. We believe the real key to achieve improvement in the CCC is to take a total supply chain approach. It is therefore important to understand how companies perform on this measurement, as there are huge variations from company to company within its supply chain throughout 5 Industries.
Cash conversion cycles, firm size, profitability and its impact on the international supply chain:
An investigation through Nine Industries
Executive Summary
Part I: The CCC and its role as a liquidity management tool
Introduction: The role of the Cash Conversion Cycle
Chapter I: The panel of Industries |
Section I: Industries and Companies Background Paragraph 1: Automotive
Renault; Daimler; Volkswagen; Ford Paragraph 2: Luxury
LVMH; PPR; Remy-Cointreau; Richemond Paragraph 3: Construction
Vinci; Hochtief; Bouygues; Eiffage; Paragraph 4: Semi-conductors
ST Microelectronics; Texas Instruments; NXP; Infineon; Qualcomm
Paragraph 5: Aviation
EADS; Boeing; BAE Systems; Lockheed Martin Paragraph 6: Hotels
Accor; Marriott; Intercontinental Hotels; Hilton Hotels Paragraph 7: Wholesale/Retail
Carrefour; Auchan; Casino; Wal-Mart Paragraph 8: Heavy Industry
Arcelor-Mittal; Alstom; Siemens AG; Bombardier Paragraph 9: Pharmaceutical
Sanofi; Pfizer; Eli Lilly; Novo-Nordisk