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Sun King Technology Group (HKSE:00580) Cash Conversion Cycle : 149.84 (As of Dec. 2024)


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What is Sun King Technology Group Cash Conversion Cycle?

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

Sun King Technology Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 174.53.
Sun King Technology Group's Days Inventory for the six months ended in Dec. 2024 was 83.37.
Sun King Technology Group's Days Payable for the six months ended in Dec. 2024 was 108.06.
Therefore, Sun King Technology Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 149.84.


Sun King Technology Group Cash Conversion Cycle Historical Data

The historical data trend for Sun King Technology 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.

Sun King Technology Group Cash Conversion Cycle Chart

Sun King Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.92 279.39 216.47 198.40 153.68

Sun King Technology Group 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 215.19 233.84 192.60 202.24 149.84

Competitive Comparison of Sun King Technology Group's Cash Conversion Cycle

For the Electronic Components subindustry, Sun King Technology 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.


Sun King Technology Group's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun King Technology Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sun King Technology Group's Cash Conversion Cycle falls into.


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Sun King Technology 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.

Sun King Technology Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=187.2+88.02-121.54
=153.68

Sun King Technology Group'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
=174.53+83.37-108.06
=149.84

* 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.


Sun King Technology Group  (HKSE:00580) 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.


Sun King Technology Group Cash Conversion Cycle Related Terms

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Sun King Technology Group Business Description

Traded in Other Exchanges
N/A
Address
Building 9-A, Yuhua Road, Airport Industrial, Zone B, KongGangRongHuiYuan, Shunyi District, Beijing, CHN, 101318
Sun King Technology Group Ltd is an investment holding company engaged in the business of manufacturing and trading power electronic components. The products offered by the group are categorized into applied industries, namely, power transmission and distribution, electrified transportation and industrial, and others. Its product categories are Anode Saturable Reactors, ABB's Semiconductors, Power Quality Improved Equipment, Power Electronic Devices, Power Electronic Capacitors, Busbars, Digital IGBT Gate Units, Power Capacitors, Power Grid Status Monitoring, and Others. The group mainly operates in the PRC.
Executives
Meng Fankun
Xiang Jie
Jiekun Limited
Sapphire Skye Holdings Limited 2306 Nominee for another person
Zedra Trust Company (singapore) Limited
Max Vision Holdings Limited 2101 Beneficial owner

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