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Singapore Press Holdings (Singapore Press Holdings) Cash Conversion Cycle : 444.79 (As of Aug. 2021)


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What is Singapore Press Holdings Cash Conversion Cycle?

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

Singapore Press Holdings's Days Sales Outstanding for the six months ended in Aug. 2021 was 444.79.
Singapore Press Holdings's Days Inventory for the six months ended in Aug. 2021 was 0.
Singapore Press Holdings's Days Payable for the six months ended in Aug. 2021 was 0.
Therefore, Singapore Press Holdings's Cash Conversion Cycle (CCC) for the six months ended in Aug. 2021 was 444.79.


Singapore Press Holdings Cash Conversion Cycle Historical Data

The historical data trend for Singapore Press 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.

Singapore Press Holdings Cash Conversion Cycle Chart

Singapore Press Holdings Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -194.54 -216.58 22.99 33.62 -531.46

Singapore Press Holdings Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 -224.35 -321.90 - -631.05 444.79

Competitive Comparison of Singapore Press Holdings's Cash Conversion Cycle

For the Real Estate - Diversified subindustry, Singapore Press 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.


Singapore Press Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

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

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



Singapore Press 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.

Singapore Press Holdings's Cash Conversion Cycle for the fiscal year that ended in Aug. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=39.57+413.84-984.87
=-531.46

Singapore Press Holdings's Cash Conversion Cycle for the quarter that ended in Aug. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=444.79+0-0
=444.79

* 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.


Singapore Press Holdings  (OTCPK:SGPRY) 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.


Singapore Press Holdings Cash Conversion Cycle Related Terms

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Singapore Press Holdings (Singapore Press Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1000 Toa Payoh North, News Centre, Singapore, SGP, 318994
Singapore Press Holdings Ltd is a Singapore-based media organization that operates newspapers, magazines, websites, and television stations across Asia. The company operates over 15 different newspapers, including The Straits Times and Business Times in Singapore. It also produces more than 100 magazine titles in Singapore, ranging from technology and business to lifestyle and entertainment themes. While the largest revenue driver is its media business, Singapore Press Holdings also invests in real estate through various holdings and REIT offerings across Singapore and surrounding countries.

Singapore Press Holdings (Singapore Press Holdings) Headlines

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