GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fu Shou Yuan International Group Ltd (OTCPK:FSHUF) » Definitions » Cash Conversion Cycle

Fu Shou Yuan International Group (Fu Shou Yuan International Group) Cash Conversion Cycle : 152.04 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Fu Shou Yuan International Group Cash Conversion Cycle?

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

Fu Shou Yuan International Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 21.72.
Fu Shou Yuan International Group's Days Inventory for the six months ended in Dec. 2023 was 289.75.
Fu Shou Yuan International Group's Days Payable for the six months ended in Dec. 2023 was 159.43.
Therefore, Fu Shou Yuan International Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 152.04.


Fu Shou Yuan International Group Cash Conversion Cycle Historical Data

The historical data trend for Fu Shou Yuan International Group'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.

Fu Shou Yuan International Group Cash Conversion Cycle Chart

Fu Shou Yuan International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 502.30 442.48 132.44 162.97 139.37

Fu Shou Yuan International Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 128.41 192.31 148.28 126.89 152.04

Competitive Comparison of Fu Shou Yuan International Group's Cash Conversion Cycle

For the Personal Services subindustry, Fu Shou Yuan International Group'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.


Fu Shou Yuan International Group's Cash Conversion Cycle Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fu Shou Yuan International Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fu Shou Yuan International Group's Cash Conversion Cycle falls into.



Fu Shou Yuan International Group 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.

Fu Shou Yuan International Group'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
=19.47+267.01-147.11
=139.37

Fu Shou Yuan International Group'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
=21.72+289.75-159.43
=152.04

* 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.


Fu Shou Yuan International Group  (OTCPK:FSHUF) 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.


Fu Shou Yuan International Group Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Fu Shou Yuan International Group's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Fu Shou Yuan International Group (Fu Shou Yuan International Group) Business Description

Traded in Other Exchanges
Address
No. 88 Cao Xi Road North, Room 1306, Sheng Ai Building, Xuhui District, Shanghai, CHN, 200030
Fu Shou Yuan International Group Ltd is a personal services company that provides burial, funeral, and auxiliary services throughout China. The company derives the vast majority of its revenue from the provision of burial services. Within this business activity, Fu Shou Yuan generates most of its revenue from the sale of primarily customized, artistic, and traditional burial plots. The company also provides cemetery maintenance services for its portfolio of cemeteries within its burial services segment. The majority of Fu Shou Yuan's sales come from the Shanghai region, while the Liaoning province also contributes a sizable percentage of total revenue. Fu Shou Yuan's other divisions are involved in the acquisition and operation of funeral homes and the building of cremation machines.

Fu Shou Yuan International Group (Fu Shou Yuan International Group) Headlines