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Skoda Auto - Cash Conversion Cycle (2000-2014)

Automotive | Czechia | October 12, 2015
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In 2014, Škoda Auto sold more than 1 million cars for the first time reaching a market share of 1.6% worldwide. That is compared to only 210,000 cars, the Company sold in 1995. The Company has got a market power and knows how to use it, as seen at the cash conversion cycle. In 2014, the cycle took negative 25 days meaning the Company pays its suppliers nearly a month after it obtains the money for its cars sold. The data presented in the chart could be downloaded in the Companies section at www.helgilibrary.com/companies/index/skoda-auto