Kelin Environmental Protection Equipment (SZSE:002499) Cash Conversion Cycle

: 2,507.40 (As of Sep. 2022)

View and export this data going back to 2010. Start your Free Trial

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

Kelin Environmental Protection Equipment's Days Sales Outstanding for the three months ended in Sep. 2022 was 4971.36.
Kelin Environmental Protection Equipment's Days Inventory for the three months ended in Sep. 2022 was 13.63.
Kelin Environmental Protection Equipment's Days Payable for the three months ended in Sep. 2022 was 2477.59.
Therefore, Kelin Environmental Protection Equipment's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 2,507.40.

Kelin Environmental Protection Equipment Cash Conversion Cycle Historical Data

The historical data trend for Kelin Environmental Protection Equipment'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.

Kelin Environmental Protection Equipment Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash Conversion Cycle

83.65

2,118.93

1,681.18

973.28

646.89

Kelin Environmental Protection Equipment Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash Conversion Cycle																2,828.31	190.66	1,153.38	744.39	2,507.40

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Kelin Environmental Protection Equipment'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.

Kelin Environmental Protection Equipment Cash Conversion Cycle Distribution

For the Industrial Products industry and Industrials sector, Kelin Environmental Protection Equipment's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kelin Environmental Protection Equipment's Cash Conversion Cycle falls into.

Kelin Environmental Protection Equipment 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.

Kelin Environmental Protection Equipment'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
	=	895.91	+	0	-	249.02
	=	646.89

Kelin Environmental Protection Equipment's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	4971.36	+	13.63	-	2477.59
	=	2,507.40

Kelin Environmental Protection Equipment (SZSE:002499) 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.

Kelin Environmental Protection Equipment Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Kelin Environmental Protection Equipment's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Kelin Environmental Protection Equipment (SZSE:002499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kelin Environmental Protection Equipment Inc (SZSE:002499) » Definitions » Cash Conversion Cycle

Traded in Other Exchanges

N/A

Address

Address: No. 8 Jiaotong Road, Bache District, Songling town, Wujiang city, Jiangsu Province, CHN, 215222

Website

http://www.kelin-china.com

Kelin Environmental Protection Equipment Inc manufactures and sells environmental protection equipment in China. It is a supplier of flue gas purification and treatment solution integrating environmental engineering system design, bag filter, desulfurization and denitrification product design, manufacture, and sales service in the field of air pollution control. The company's products include Bag Filter; Bag and Electrical filter; Cyclone and Furnace shell.

Kelin Environmental Protection Equipment (SZSE:002499) Headlines

No Headlines