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Moiselle International Holdings (HKSE:00130) Cash Conversion Cycle : 308.18 (As of Sep. 2024)


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What is Moiselle International Holdings Cash Conversion Cycle?

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

Moiselle International Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 53.14.
Moiselle International Holdings's Days Inventory for the six months ended in Sep. 2024 was 576.33.
Moiselle International Holdings's Days Payable for the six months ended in Sep. 2024 was 321.29.
Therefore, Moiselle International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 308.18.


Moiselle International Holdings Cash Conversion Cycle Historical Data

The historical data trend for Moiselle International 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.

Moiselle International Holdings Cash Conversion Cycle Chart

Moiselle International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 429.64 384.45 279.10 253.46 296.03

Moiselle International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 263.01 148.51 161.82 194.70 308.18

Competitive Comparison of Moiselle International Holdings's Cash Conversion Cycle

For the Apparel Manufacturing subindustry, Moiselle International 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.


Moiselle International Holdings's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Moiselle International Holdings's Cash Conversion Cycle distribution charts can be found below:

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


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Moiselle International 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.

Moiselle International Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=23.66+337.51-65.14
=296.03

Moiselle International Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=53.14+576.33-321.29
=308.18

* 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.


Moiselle International Holdings  (HKSE:00130) 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.


Moiselle International Holdings Cash Conversion Cycle Related Terms

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Moiselle International Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Healthy Street East, Units 1-5, 11th Floor, Kodak House 2, North Point, Hong Kong, HKG
Moiselle International Holdings Ltd is a manufacturer and retailer of apparel and accessories. Principally it is engaged in the design, manufacture, retail, and wholesale of fashion apparel and accessories. The company operates its business through two geographical segments. The Hong Kong operation segment represents the sales of house brands and imported brands in Hong Kong. The Outside Hong Kong operation segment comprises the manufacture of house brands in Mainland China and sales of house brands and imported brands in Mainland China, Macau, Taiwan, and Singapore. Its in-house brands include MOISELLE, m.d.m.s., and GERMAIN, as well as international brands such as LANCASTER, COCCINELLE, and SEQUOIA. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Chan Yum Kit 2103 Interests held jointly with another person
Tsui How Kiu, Shirley 2103 Interests held jointly with another person

Moiselle International Holdings Headlines

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