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Fenbo Holdings (Fenbo Holdings) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Fenbo Holdings Cash Conversion Cycle?

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

Fenbo Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Fenbo Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.
Fenbo Holdings's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Fenbo Holdings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Fenbo Holdings Cash Conversion Cycle Historical Data

The historical data trend for Fenbo 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.

Fenbo Holdings Cash Conversion Cycle Chart

Fenbo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
127.22 129.64 128.82 94.50

Fenbo Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial - 61.84 129.04 - -

Competitive Comparison of Fenbo Holdings's Cash Conversion Cycle

For the Consumer Electronics subindustry, Fenbo 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.


Fenbo Holdings's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fenbo Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Fenbo 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.

Fenbo Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=98.88+56.44-60.82
=94.50

Fenbo Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Fenbo Holdings  (NAS:FEBO) 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.


Fenbo Holdings Cash Conversion Cycle Related Terms

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Fenbo Holdings (Fenbo Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit J, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, HKG
Fenbo Holdings Ltd is a company engaged in producing premium personal care electric appliances principally electrical hair styling products such as straighteners, curlers, trimmers, etc. and toys products to overseas markets. They manufacture and sell products such as Straightener, Mini Straightener and Curling Iron.