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BTOC (Armlogi Holding) Cash Conversion Cycle : 41.44 (As of Dec. 2024)


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What is Armlogi Holding Cash Conversion Cycle?

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

Armlogi Holding's Days Sales Outstanding for the three months ended in Dec. 2024 was 50.26.
Armlogi Holding's Days Inventory for the three months ended in Dec. 2024 was 0.
Armlogi Holding's Days Payable for the three months ended in Dec. 2024 was 8.82.
Therefore, Armlogi Holding's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 41.44.


Armlogi Holding Cash Conversion Cycle Historical Data

The historical data trend for Armlogi Holding'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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Armlogi Holding Cash Conversion Cycle Chart

Armlogi Holding Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
88.71 24.16 17.41 30.13

Armlogi Holding Quarterly Data
Jun21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.02 39.09 34.92 42.93 41.44

Competitive Comparison of Armlogi Holding's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, Armlogi Holding'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.


Armlogi Holding's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Armlogi Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Armlogi Holding's Cash Conversion Cycle falls into.



Armlogi Holding 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.

Armlogi Holding's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=46.67+0-16.54
=30.13

Armlogi Holding's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=50.26+0-8.82
=41.44

* 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.


Armlogi Holding  (NAS:BTOC) 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.


Armlogi Holding Cash Conversion Cycle Related Terms

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Armlogi Holding Business Description

Traded in Other Exchanges
N/A
Address
20301 East Walnut Drive North, Walnut, CA, USA, 91789
Armlogi Holding Corp is a fast-growing U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions relating to warehouse management and order fulfillment. The company provides one-stop warehousing and logistics services to cross-border e-commerce merchants outside the U.S. who seek to sell in the U.S. market. The warehouses are equipped with automated sorting systems, heavy-duty forklifts, and pallets and trays that are suitable for processing bulky items. The services of the company include customs brokerage services, transportation of merchandise to U.S. warehouses, and warehouse management and order fulfillment services.