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Beijing Capital International Airport Co (Beijing Capital International Airport Co) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Beijing Capital International Airport Co Cash Conversion Cycle?

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

Beijing Capital International Airport Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Beijing Capital International Airport Co's Days Inventory for the three months ended in Dec. 2023 was 0.
Beijing Capital International Airport Co's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Beijing Capital International Airport Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Beijing Capital International Airport Co Cash Conversion Cycle Historical Data

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co Cash Conversion Cycle Chart

Beijing Capital International Airport Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.07 32.57 0.28 -4.75 -77.86

Beijing Capital International Airport Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 -110.01 - 4.84 - -51.33

Competitive Comparison of Beijing Capital International Airport Co's Cash Conversion Cycle

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's Cash Conversion Cycle falls into.



Beijing Capital International Airport Co 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.

Beijing Capital International Airport Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=78.04+17.53-173.43
=-77.86

Beijing Capital International Airport Co's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Beijing Capital International Airport Co  (OTCPK:BJCHY) 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.


Beijing Capital International Airport Co Cash Conversion Cycle Related Terms

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Beijing Capital International Airport Co (Beijing Capital International Airport Co) Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.

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