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International Business Settlement Holdings (HKSE:00147) Cash Conversion Cycle : 1,570.61 (As of Sep. 2023)


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What is International Business Settlement Holdings Cash Conversion Cycle?

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

International Business Settlement Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 64.48.
International Business Settlement Holdings's Days Inventory for the six months ended in Sep. 2023 was 1522.86.
International Business Settlement Holdings's Days Payable for the six months ended in Sep. 2023 was 16.73.
Therefore, International Business Settlement Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 1,570.61.


International Business Settlement Holdings Cash Conversion Cycle Historical Data

The historical data trend for International Business Settlement 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.

International Business Settlement Holdings Cash Conversion Cycle Chart

International Business Settlement Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,201.03 1,913.48 10,140.52 2,414.49 860.08

International Business Settlement Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 1,616.21 4,948.16 3,780.81 467.15 1,570.61

Competitive Comparison of International Business Settlement Holdings's Cash Conversion Cycle

For the Real Estate - Development subindustry, International Business Settlement 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.


International Business Settlement Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Business Settlement Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where International Business Settlement Holdings's Cash Conversion Cycle falls into.



International Business Settlement 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.

International Business Settlement Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=9.44+852.05-1.41
=860.08

International Business Settlement 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
=64.48+1522.86-16.73
=1,570.61

* 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.


International Business Settlement Holdings  (HKSE:00147) 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.


International Business Settlement Holdings Cash Conversion Cycle Related Terms

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International Business Settlement Holdings (HKSE:00147) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 3103, 31st Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
International Business Settlement Holdings Ltd is an investment holding company. The company's operating segments include Property development; Hotel business; International business settlement; Contact lens business; Leasing and trading of computer equipment business and Financing business. It generates maximum revenue from the Property development segment which includes developing and selling commercial and residential properties, and car parking spaces including undertaking primary land development activities, in the PRC. Geographically, it derives a majority of its revenue from PRC.
Executives
Long Grand Limited 2101 Beneficial owner
Yam Yu 2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you

International Business Settlement Holdings (HKSE:00147) Headlines

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