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Visual International Holdings (JSE:VIS) Cash Conversion Cycle : 28.91 (As of Aug. 2023)


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What is Visual 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.

Visual International Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 28.91.
Visual International Holdings's Days Inventory for the six months ended in Aug. 2023 was 0.
Visual International Holdings's Days Payable for the six months ended in Aug. 2023 was 0.
Therefore, Visual International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Aug. 2023 was 28.91.


Visual International Holdings Cash Conversion Cycle Historical Data

The historical data trend for Visual 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.

Visual International Holdings Cash Conversion Cycle Chart

Visual International Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,846.06 94.49 158.70 230.11 6.71

Visual International Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 3,558.75 3,627.19 2,425.73 26.61 28.91

Competitive Comparison of Visual International Holdings's Cash Conversion Cycle

For the Real Estate Services subindustry, Visual 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.


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

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

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



Visual 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.

Visual International Holdings's Cash Conversion Cycle for the fiscal year that ended in Feb. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=6.71+0-0
=6.71

Visual International Holdings's Cash Conversion Cycle for the quarter that ended in Aug. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=28.91+0-0
=28.91

* 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.


Visual International Holdings  (JSE:VIS) 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.


Visual International Holdings Cash Conversion Cycle Related Terms

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Visual International Holdings (JSE:VIS) Business Description

Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.