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HCTPF (Hutchison Port Holdings Trust) Cash Conversion Cycle : -233.45 (As of Jun. 2024)


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What is Hutchison Port Holdings Trust Cash Conversion Cycle?

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

Hutchison Port Holdings Trust's Days Sales Outstanding for the six months ended in Jun. 2024 was 92.87.
Hutchison Port Holdings Trust's Days Inventory for the six months ended in Jun. 2024 was 4.24.
Hutchison Port Holdings Trust's Days Payable for the six months ended in Jun. 2024 was 330.56.
Therefore, Hutchison Port Holdings Trust's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was -233.45.


Hutchison Port Holdings Trust Cash Conversion Cycle Historical Data

The historical data trend for Hutchison Port Holdings Trust'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.

Hutchison Port Holdings Trust Cash Conversion Cycle Chart

Hutchison Port Holdings Trust 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 -187.23 -186.82 -183.75 -212.54 -242.64

Hutchison Port Holdings Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -201.44 -206.44 -230.78 -228.19 -233.45

Competitive Comparison of Hutchison Port Holdings Trust's Cash Conversion Cycle

For the Marine Shipping subindustry, Hutchison Port Holdings Trust'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.


Hutchison Port Holdings Trust's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hutchison Port Holdings Trust's Cash Conversion Cycle distribution charts can be found below:

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



Hutchison Port Holdings Trust 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.

Hutchison Port Holdings Trust'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
=69.32+4.2-316.16
=-242.64

Hutchison Port Holdings Trust's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=92.87+4.24-330.56
=-233.45

* 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.


Hutchison Port Holdings Trust  (OTCPK:HCTPF) 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.


Hutchison Port Holdings Trust Cash Conversion Cycle Related Terms

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Hutchison Port Holdings Trust Business Description

Address
1 Harbourfront Avenue, No. 14-07, Keppel Bay Tower, Singapore, SGP, 098632
Hutchison Port Holdings Trust invests in, develops, operates, and manages deep-water container ports. The company invests in other assets including river ports and provides additional port services such as freight forwarding and warehousing. The company derives revenue through the port and related services, transportation and logistics solutions, management and service fee income, and system development and support fees. The port and related services account for the vast majority of revenue. Hutchison Port Holdings operates in both Hong Kong and Mainland China and derives the majority of revenue from Mainland China.