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Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Cash Conversion Cycle : 120.81 (As of Dec. 2023)


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What is Health and Happiness (H&H) International Holdings Cash Conversion Cycle?

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

Health and Happiness (H&H) International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.08.
Health and Happiness (H&H) International Holdings's Days Inventory for the six months ended in Dec. 2023 was 158.13.
Health and Happiness (H&H) International Holdings's Days Payable for the six months ended in Dec. 2023 was 63.4.
Therefore, Health and Happiness (H&H) International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 120.81.


Health and Happiness (H&H) International Holdings Cash Conversion Cycle Historical Data

The historical data trend for Health and Happiness (H&H) International Holdings'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.

Health and Happiness (H&H) International Holdings Cash Conversion Cycle Chart

Health and Happiness (H&H) International Holdings 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 101.99 117.43 128.09 113.86 107.94

Health and Happiness (H&H) International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 119.34 118.37 97.70 121.98 120.81

Competitive Comparison of Health and Happiness (H&H) International Holdings's Cash Conversion Cycle

For the Packaged Foods subindustry, Health and Happiness (H&H) International Holdings'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.


Health and Happiness (H&H) International Holdings's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Health and Happiness (H&H) International Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Health and Happiness (H&H) International Holdings's Cash Conversion Cycle falls into.



Health and Happiness (H&H) International Holdings 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.

Health and Happiness (H&H) International Holdings'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
=23.33+162.83-78.22
=107.94

Health and Happiness (H&H) International Holdings'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
=26.08+158.13-63.4
=120.81

* 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.


Health and Happiness (H&H) International Holdings  (OTCPK:BTSDF) 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.


Health and Happiness (H&H) International Holdings Cash Conversion Cycle Related Terms

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Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Business Description

Traded in Other Exchanges
Address
18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG
Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Headlines

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