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Amcorp Global (SGX:S9B) Cash Conversion Cycle : 623.39 (As of Sep. 2023)


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What is Amcorp Global Cash Conversion Cycle?

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

Amcorp Global's Days Sales Outstanding for the six months ended in Sep. 2023 was 18.15.
Amcorp Global's Days Inventory for the six months ended in Sep. 2023 was 659.63.
Amcorp Global's Days Payable for the six months ended in Sep. 2023 was 54.39.
Therefore, Amcorp Global's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 623.39.


Amcorp Global Cash Conversion Cycle Historical Data

The historical data trend for Amcorp Global'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.

Amcorp Global Cash Conversion Cycle Chart

Amcorp Global Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 809.89 889.01 3,937.64 1,505.36 564.14

Amcorp Global Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 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 2,941.71 1,005.04 547.23 539.87 623.39

Competitive Comparison of Amcorp Global's Cash Conversion Cycle

For the Real Estate - Development subindustry, Amcorp Global'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.


Amcorp Global's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Amcorp Global's Cash Conversion Cycle falls into.



Amcorp Global 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.

Amcorp Global'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
=11.37+592.47-39.7
=564.14

Amcorp Global'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
=18.15+659.63-54.39
=623.39

* 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.


Amcorp Global  (SGX:S9B) 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.


Amcorp Global Cash Conversion Cycle Related Terms

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Amcorp Global (SGX:S9B) Business Description

Traded in Other Exchanges
N/A
Address
11 Sam Leong Road No 03-06, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organised into business units based on its products and services and has two reportable operating segments - Property development and Hotel operations. The majority of the revenue is generated from the property development segments which is engaged in the development and sale of properties. Its geographical segments include Singapore, New Zealand, Australia, Vietnam, and Malaysia, out of which most of its revenue comes from Singapore.

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