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Art Group Holdings (HKSE:00565) Cash Conversion Cycle : 22.99 (As of Dec. 2024)


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What is Art Group Holdings Cash Conversion Cycle?

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

Art Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 22.99.
Art Group Holdings's Days Inventory for the six months ended in Dec. 2024 was 0.
Art Group Holdings's Days Payable for the six months ended in Dec. 2024 was 0.
Therefore, Art Group Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 22.99.


Art Group Holdings Cash Conversion Cycle Historical Data

The historical data trend for Art Group 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.

Art Group Holdings Cash Conversion Cycle Chart

Art Group Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.38 13.78 14.84 30.83 41.75

Art Group Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 37.06 43.33 35.42 58.98 22.99

Competitive Comparison of Art Group Holdings's Cash Conversion Cycle

For the Real Estate Services subindustry, Art Group 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.


Art Group Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

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

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


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Art Group 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.

Art Group Holdings's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=41.75+0-0
=41.75

Art Group Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=22.99+0-0
=22.99

* 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.


Art Group Holdings  (HKSE:00565) 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.


Art Group Holdings Cash Conversion Cycle Related Terms

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Art Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
70-74 Wuhu Street, Unit A, 1st Floor, Yun Tat Commercial Building, Kowloon, Hong Kong, HKG
Art Group Holdings Ltd is engaged in the business of property operations. It provides rental, management, and operating services. The company has leased Jiachao's shopping mall and various Jiacong's shops in a giant theme shopping mall both situated in Zhengzhou City, Henan Province, the People's Republic of China. It derives rental income from the leasing of properties.
Executives
Loo See Yuen 2201 Interest of corporation controlled by you
Lam Cho Ying Terence Joe 2101 Beneficial owner
Chen Jinqing 2101 Beneficial owner
Chen Jinyan 2101 Beneficial owner
Fully Chain Limited
Chen Jindong
Lin Lin
Jinjie Limited
Ultimate Name Limited

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