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Youyuan International Holdings (HKSE:02268) Cash Conversion Cycle : 127.31 (As of Dec. 2018)


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What is Youyuan 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.

Youyuan International Holdings's Days Sales Outstanding for the six months ended in Dec. 2018 was 157.5.
Youyuan International Holdings's Days Inventory for the six months ended in Dec. 2018 was 20.54.
Youyuan International Holdings's Days Payable for the six months ended in Dec. 2018 was 50.73.
Therefore, Youyuan International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2018 was 127.31.


Youyuan International Holdings Cash Conversion Cycle Historical Data

The historical data trend for Youyuan 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.

Youyuan International Holdings Cash Conversion Cycle Chart

Youyuan International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.65 116.06 116.76 129.74 133.04

Youyuan International Holdings Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 74.98 100.48 148.91 134.67 127.31

Competitive Comparison of Youyuan International Holdings's Cash Conversion Cycle

For the Paper & Paper Products subindustry, Youyuan 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.


Youyuan International Holdings's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Youyuan International Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Youyuan 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.

Youyuan International Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=161.33+15.29-43.58
=133.04

Youyuan International Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=157.5+20.54-50.73
=127.31

* 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.


Youyuan International Holdings  (HKSE:02268) 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.


Youyuan International Holdings Cash Conversion Cycle Related Terms

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Youyuan International Holdings (HKSE:02268) Business Description

Traded in Other Exchanges
N/A
Address
Xibin Industrial Zone, Fujian Province, Jinjiang, CHN
Youyuan International Holdings Ltd is principally engaged in the manufacture and sale of wrapping tissue paper. The company operates three production plants in Jinjiang City and Longhai City, Fujian. The principal products of Youyuan International include double-sided machine finished (MF) tissue paper and single-sided MF tissue paper, both of which are wrapping tissue paper which is commonly used in wrappings for clothing, footwear, fruit and other consumer products. The group is also involved in the manufacturing of copy paper, paper towels, and ivory board.

Youyuan International Holdings (HKSE:02268) Headlines

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