CBGH (China Yibai United Guarantee International Holding) Cash Conversion Cycle: 76.30 (As of Jun. 2004)


What is China Yibai United Guarantee International Holding Cash Conversion Cycle?

China Yibai United Guarantee International Holding CBGH Cash Conversion Cycle is 76.30 as of Jun. 2004.

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

China Yibai United Guarantee International Holding's Days Sales Outstanding for the three months ended in Jun. 2004 was 50.52.
China Yibai United Guarantee International Holding's Days Inventory for the three months ended in Jun. 2004 was 71.47.
China Yibai United Guarantee International Holding's Days Payable for the three months ended in Jun. 2004 was 45.69.
Therefore, China Yibai United Guarantee International Holding's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2004 was 76.30.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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.

China Yibai United Guarantee International Holding Cash Conversion Cycle Related Terms

China Yibai United Guarantee International Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International 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.

China Yibai United Guarantee International Holding Cash Conversion Cycle Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Cash Conversion Cycle
106.52 104.96 89.75

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 107.12 81.20 78.13 81.36 76.30

CBGH vs MRIN, IDAI, BLBX: Cash Conversion Cycle Comparison

For the Software - Application subindustry, China Yibai United Guarantee International 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.

China Yibai United Guarantee International Holding Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, China Yibai United Guarantee International Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where China Yibai United Guarantee International Holding's Cash Conversion Cycle falls into.


China Yibai United Guarantee International 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.

China Yibai United Guarantee International Holding's Cash Conversion Cycle for the fiscal year that ended in Sep. 2003 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=53.84+85.06-49.15
=89.75

China Yibai United Guarantee International Holding's Cash Conversion Cycle for the quarter that ended in Jun. 2004 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=50.52+71.47-45.69
=76.30

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 76.30 mean?
China Yibai United Guarantee International Holding (CBGH) has a Cash Conversion Cycle of 76.30 as of Jun. 2004. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Cash Conversion Cycle too high?
China Yibai United Guarantee International Holding's current Cash Conversion Cycle is 76.30. The Software industry median Cash Conversion Cycle is 32.25. China Yibai United Guarantee International Holding's value of 76.30 is 136.6% above this industry median.
How does China Yibai United Guarantee International Holding's Cash Conversion Cycle compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Cash Conversion Cycle of 76.30 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. China Yibai United Guarantee International Holding's value of 76.30 is 136.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,803 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Yibai United Guarantee International Holding's current Cash Conversion Cycle of 76.30 is 136.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Yibai United Guarantee International Holding and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Yibai United Guarantee International Holding's current Cash Conversion Cycle is 76.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Cash Conversion Cycle of 76.30. The current Cash Conversion Cycle is 76.30 and 136.6% above the Software industry median of 32.25. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Cash Conversion Cycle is 76.30 as of Jun. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.