Stabilizing cash flow! Introducing the basics of CCC, calculation methods, and applications in the construction industry.
The Cash Conversion Cycle (CCC) is an indicator that calculates the number of days it takes for a company to convert purchased goods into profit. It indicates the number of days from when a company pays for its accounts payable incurred from purchasing goods or raw materials until it collects the accounts receivable generated from subsequent sales. In the United States, it has become one of the indicators that reflect a company's financial condition. For more details, please see the related links. [Contents] 1. What is the CCC indicator? 2. How to calculate the CCC 3. What is the benchmark for the Cash Conversion Cycle (CCC)? 4. How to improve the CCC? *For detailed content of the column, you can view it through the related links. For more information, please feel free to contact us.
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Company information
The "Dotto Cost Series" has surpassed 5,000 cumulative installations and is the number one cost management package software for the construction industry in Japan. It accommodates the unique business practices of the construction industry and can be linked with major domestic accounting software, attendance management software, and electronic transaction software. It strongly supports the management of construction companies in both streamlining administrative tasks and cost management.
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