PT Hoffmen Cleanindo Tbk (ISX:KING) Cash Conversion Cycle : 0.00 (As of . 20)

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What is PT Hoffmen Cleanindo Tbk Cash Conversion Cycle?

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

PT Hoffmen Cleanindo Tbk's Days Sales Outstanding for the six months ended in . 20 was .
PT Hoffmen Cleanindo Tbk's Days Inventory for the six months ended in . 20 was .
PT Hoffmen Cleanindo Tbk's Days Payable for the six months ended in . 20 was .
Therefore, PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.

PT Hoffmen Cleanindo Tbk Cash Conversion Cycle Historical Data

The historical data trend for PT Hoffmen Cleanindo Tbk'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.

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PT Hoffmen Cleanindo Tbk Cash Conversion Cycle Chart

PT Hoffmen Cleanindo Tbk Annual Data

Trend

Cash Conversion Cycle

PT Hoffmen Cleanindo Tbk Semi-Annual Data

Cash Conversion Cycle

Competitive Comparison of PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle

For the Specialty Business Services subindustry, PT Hoffmen Cleanindo Tbk'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.

PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle falls into.

PT Hoffmen Cleanindo Tbk 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.

PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

PT Hoffmen Cleanindo Tbk's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

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

PT Hoffmen Cleanindo Tbk (ISX:KING) 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.

PT Hoffmen Cleanindo Tbk Cash Conversion Cycle Related Terms

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PT Hoffmen Cleanindo Tbk (ISX:KING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Hoffmen Cleanindo Tbk (ISX:KING) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Jembatan Tiga No. 8, Jakarta Utara, Jakarta, IDN, 14440

Website

https://www.hoffmen.co.id

PT Hoffmen Cleanindo Tbk focuses on washroom hygiene system and sanitary. It offers five types of services namely Cleaning Service, Hygiene Service, Security Service, Employee Service, and Parking Service. The company's segments include Cleaning and Parking. It generates maximum revenue from the Cleaning segment.