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Hubei Kangnong Seed Co (BJSE:837403) Cash Conversion Cycle : 1,415.65 (As of Mar. 2025)


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What is Hubei Kangnong Seed Co Cash Conversion Cycle?

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

Hubei Kangnong Seed Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 735.71.
Hubei Kangnong Seed Co's Days Inventory for the three months ended in Mar. 2025 was 1087.59.
Hubei Kangnong Seed Co's Days Payable for the three months ended in Mar. 2025 was 407.65.
Therefore, Hubei Kangnong Seed Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 1,415.65.


Hubei Kangnong Seed Co Cash Conversion Cycle Historical Data

The historical data trend for Hubei Kangnong Seed Co'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.

Hubei Kangnong Seed Co Cash Conversion Cycle Chart

Hubei Kangnong Seed Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.79 263.44 278.16 280.87 309.11

Hubei Kangnong Seed Co Quarterly Data
Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 702.98 1,859.46 1,692.31 98.90 1,415.65

Competitive Comparison of Hubei Kangnong Seed Co's Cash Conversion Cycle

For the Farm Products subindustry, Hubei Kangnong Seed Co'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.


Hubei Kangnong Seed Co's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's Cash Conversion Cycle falls into.


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Hubei Kangnong Seed Co 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.

Hubei Kangnong Seed Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=183.08+263.06-137.03
=309.11

Hubei Kangnong Seed Co's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=735.71+1087.59-407.65
=1,415.65

* 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.


Hubei Kangnong Seed Co  (BJSE:837403) 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.


Hubei Kangnong Seed Co Cash Conversion Cycle Related Terms

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Hubei Kangnong Seed Co Business Description

Traded in Other Exchanges
N/A
Address
No. 553, Changyang Avenue, Changyang Economic Development Zone, Hubei Province, Yichang, CHN, 443501
Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.

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