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Great Eagle Holdings (Great Eagle Holdings) Cash Conversion Cycle : 630.71 (As of Dec. 2023)


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What is Great Eagle Holdings Cash Conversion Cycle?

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

Great Eagle Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.04.
Great Eagle Holdings's Days Inventory for the six months ended in Dec. 2023 was 644.72.
Great Eagle Holdings's Days Payable for the six months ended in Dec. 2023 was 23.05.
Therefore, Great Eagle Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 630.71.


Great Eagle Holdings Cash Conversion Cycle Historical Data

The historical data trend for Great Eagle 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.

Great Eagle Holdings Cash Conversion Cycle Chart

Great Eagle Holdings 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 351.66 235.91 561.13 805.01 695.54

Great Eagle Holdings 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 847.34 910.78 736.05 758.08 630.71

Competitive Comparison of Great Eagle Holdings's Cash Conversion Cycle

For the Real Estate - Diversified subindustry, Great Eagle 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.


Great Eagle Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Great Eagle 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.

Great Eagle 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
=10.08+725.75-40.29
=695.54

Great Eagle 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
=9.04+644.72-23.05
=630.71

* 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.


Great Eagle Holdings  (OTCPK:GEAHF) 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.


Great Eagle Holdings Cash Conversion Cycle Related Terms

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Great Eagle Holdings (Great Eagle Holdings) Business Description

Traded in Other Exchanges
Address
23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

Great Eagle Holdings (Great Eagle Holdings) Headlines

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