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ACC Aviation Holdings (ACC Aviation Holdings) Cash Conversion Cycle : 169.46 (As of Sep. 2023)


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What is ACC Aviation Holdings Cash Conversion Cycle?

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

ACC Aviation Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 169.46.
ACC Aviation Holdings's Days Inventory for the three months ended in Sep. 2023 was 0.
ACC Aviation Holdings's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, ACC Aviation Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 169.46.


ACC Aviation Holdings Cash Conversion Cycle Historical Data

The historical data trend for ACC Aviation 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.

ACC Aviation Holdings Cash Conversion Cycle Chart

ACC Aviation Holdings Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec17 Dec18 Dec19
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.36 148.37 - - -

ACC Aviation Holdings Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 169.46

Competitive Comparison of ACC Aviation Holdings's Cash Conversion Cycle

For the Shell Companies subindustry, ACC Aviation 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.


ACC Aviation Holdings's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACC Aviation Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ACC Aviation Holdings's Cash Conversion Cycle falls into.



ACC Aviation 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.

ACC Aviation Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 is calculated as

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

ACC Aviation Holdings'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
=169.46+0-0
=169.46

* 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.


ACC Aviation Holdings  (OTCPK:CAVG) 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.


ACC Aviation Holdings Cash Conversion Cycle Related Terms

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ACC Aviation Holdings (ACC Aviation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
South Chuangyan Road, Room 303, Science and Technology Incubation Park, Jiangyou Industrial Park, Sichuan Province, Jiangyou, CHN, 90067
ACC Aviation Holdings Ltd currently has no business operations.
Executives
Shai Marco Cohen 10 percent owner 5509 WINDMIER CIRCLE, DALLAS TX 75252
Mnsco, Llc 10 percent owner 1 BEN GURION ST., B.S.R. TOWER 2, BUEI BRAK L3 5120149
Oded Gilboa officer: Chief Financial Officer 23 AKIVA STREET, #14, RAANANA L3 4326103
Michael D Greenfield director P O B 12526, HERZLIYA PILEACH L3 46733
Pete Mateja officer: CEO 207 PIAGET AVENUE, CLIFTON NJ 07011
Joseph Bahat director 2 HABAAL-SHEM-TOV STREET, HERZLIA L3 46342
Jacob Enoch director #4 SHNITZER SHMUEL ST, TEL-AVIV L3 695
Edward Braniff officer: Interim CEO & CFO 207 PIAGET AVENUE, CLIFTON NJ 07011
Jerome Chaney officer: CEO and President 207 PIAGET AVENUE, CLIFTON NJ 07011
Aharon Y Levinas director, officer: Chief Technology Officer 8 04 ARNOT PLACE, FAIR LOAN NJ 07410
Tamir Levinas director 60 12 MAZE STREET, TEL AVIV L3 65789
Robert Lubin director TEL AVIV, TEL AVIV L3 00000
Amir Uziel director, 10 percent owner, officer: President and CEO RISHON LEZION, RISHON LEZION L3 75749
Adam Jacob Somer director, officer: Treasurer 2753 BROADWAY 197, NEW YORK NY 10025
Matthew Haney director 1368 S ALPINE LOOP, PROVO UT 84606

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