GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kanzhun Ltd (NAS:BZ) » Definitions » Cash Conversion Cycle

Kanzhun (Kanzhun) Cash Conversion Cycle : -87.38 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Kanzhun Cash Conversion Cycle?

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

Kanzhun's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.91.
Kanzhun's Days Inventory for the three months ended in Sep. 2023 was 0.
Kanzhun's Days Payable for the three months ended in Sep. 2023 was 88.29.
Therefore, Kanzhun's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was -87.38.


Kanzhun Cash Conversion Cycle Historical Data

The historical data trend for Kanzhun'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.

Kanzhun Cash Conversion Cycle Chart

Kanzhun Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
-112.21 -44.20 -16.77 -18.72

Kanzhun Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -14.13 -20.72 -27.16 -47.50 -87.38

Competitive Comparison of Kanzhun's Cash Conversion Cycle

For the Staffing & Employment Services subindustry, Kanzhun'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.


Kanzhun's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanzhun's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kanzhun's Cash Conversion Cycle falls into.



Kanzhun 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.

Kanzhun's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0.44+0-19.16
=-18.72

Kanzhun'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
=0.91+0-88.29
=-87.38

* 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.


Kanzhun  (NAS:BZ) 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.


Kanzhun Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Kanzhun's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Kanzhun (Kanzhun) Business Description

Traded in Other Exchanges
Address
Taiyanggong Middle Road, 18th Floor, GrandyVic Building, Chaoyang District, Beijing, CHN, 100020
Kanzhun's Boss Zhipin job platform connects job seekers and employers. Boss Zhipin is China's largest online recruitment platform based on average number of monthly active users, or MAU, and was established in 2014. Kanzhun earns revenue by providing services to enterprise customers primarily through its mobile app, which promotes direct messaging between recruiters and workers and operates on a recommendation basis powered by artificial intelligence. The platform specializes in transportation, logistics, construction, and service-based industries. About 85% of the companies looking to hire are small and medium-size enterprises. Its main competitors are 58.com, 51job, and Zhilian Zhaopin. Tencent has a 9.2% stake in Kanzhun.

Kanzhun (Kanzhun) Headlines