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Sino Grandness Food Industry Group (SGX:T4B) Cash Conversion Cycle : 0.00 (As of Dec. 2020)


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What is Sino Grandness Food Industry Group Cash Conversion Cycle?

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

Sino Grandness Food Industry Group's Days Sales Outstanding for the three months ended in Dec. 2020 was 0.
Sino Grandness Food Industry Group's Days Inventory for the three months ended in Dec. 2020 was 0.
Sino Grandness Food Industry Group's Days Payable for the three months ended in Dec. 2020 was 0.
Therefore, Sino Grandness Food Industry Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2020 was 0.00.


Sino Grandness Food Industry Group Cash Conversion Cycle Historical Data

The historical data trend for Sino Grandness Food Industry Group'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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Sino Grandness Food Industry Group Cash Conversion Cycle Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.15 146.93 182.31 514.95 212.19

Sino Grandness Food Industry Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20 Dec21
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 152.17 149.32 404.08 - -

Competitive Comparison of Sino Grandness Food Industry Group's Cash Conversion Cycle

For the Packaged Foods subindustry, Sino Grandness Food Industry Group'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.


Sino Grandness Food Industry Group's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Cash Conversion Cycle falls into.



Sino Grandness Food Industry Group 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.

Sino Grandness Food Industry Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=240.12+4.81-32.74
=212.19

Sino Grandness Food Industry Group's Cash Conversion Cycle for the quarter that ended in Dec. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Sino Grandness Food Industry Group  (SGX:T4B) 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.


Sino Grandness Food Industry Group Cash Conversion Cycle Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Traded in Other Exchanges
N/A
Address
1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN
Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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