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Oriental University City Holdings (H.K.) (HKSE:08067) Cash Conversion Cycle : -238.11 (As of Dec. 2023)


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What is Oriental University City Holdings (H.K.) Cash Conversion Cycle?

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

Oriental University City Holdings (H.K.)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 62.3.
Oriental University City Holdings (H.K.)'s Days Inventory for the three months ended in Dec. 2023 was 0.
Oriental University City Holdings (H.K.)'s Days Payable for the three months ended in Dec. 2023 was 300.41.
Therefore, Oriental University City Holdings (H.K.)'s Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -238.11.


Oriental University City Holdings (H.K.) Cash Conversion Cycle Historical Data

The historical data trend for Oriental University City Holdings (H.K.)'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.

Oriental University City Holdings (H.K.) Cash Conversion Cycle Chart

Oriental University City Holdings (H.K.) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.74 -156.78 -189.70 -109.31 -126.92

Oriental University City Holdings (H.K.) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -216.71 -199.98 -174.11 -293.07 -238.11

Competitive Comparison of Oriental University City Holdings (H.K.)'s Cash Conversion Cycle

For the Real Estate Services subindustry, Oriental University City Holdings (H.K.)'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.


Oriental University City Holdings (H.K.)'s Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Oriental University City Holdings (H.K.)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Oriental University City Holdings (H.K.)'s Cash Conversion Cycle falls into.



Oriental University City Holdings (H.K.) 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.

Oriental University City Holdings (H.K.)'s Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=43.55+0-170.47
=-126.92

Oriental University City Holdings (H.K.)'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
=62.3+0-300.41
=-238.11

* 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.


Oriental University City Holdings (H.K.)  (HKSE:08067) 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.


Oriental University City Holdings (H.K.) Cash Conversion Cycle Related Terms

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Oriental University City Holdings (H.K.) (HKSE:08067) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Zhangheng Road, Langfang Economic and Technological Development Zone, Levels 1 and 2, Oriental University City, Hebei Province, Langfang, CHN, 065001
Oriental University City Holdings (H.K.) Ltd is an investment holding company. Its principal activities are leasing education facilities, which comprises teaching buildings and dormitories to education institutions in the People's Republic of China and Malaysia. The company's operating segment include Education facilities leasing and Commercial leasing for supporting facilities. It generates maximum revenue from the Education facilities leasing segment.

Oriental University City Holdings (H.K.) (HKSE:08067) Headlines

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