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SCE Intelligent Commercial Management Holdings (HKSE:00606) Cash Conversion Cycle : 31.47 (As of Dec. 2023)


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What is SCE Intelligent Commercial Management Holdings Cash Conversion Cycle?

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

SCE Intelligent Commercial Management Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 74.47.
SCE Intelligent Commercial Management Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.
SCE Intelligent Commercial Management Holdings's Days Payable for the six months ended in Dec. 2023 was 43.
Therefore, SCE Intelligent Commercial Management Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 31.47.


SCE Intelligent Commercial Management Holdings Cash Conversion Cycle Historical Data

The historical data trend for SCE Intelligent Commercial Management 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.

SCE Intelligent Commercial Management Holdings Cash Conversion Cycle Chart

SCE Intelligent Commercial Management Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 5.25 3.55 -14.31 1.57 24.82

SCE Intelligent Commercial Management Holdings Semi-Annual Data
Dec18 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 -11.26 13.00 26.36 31.47 28.64

Competitive Comparison of SCE Intelligent Commercial Management Holdings's Cash Conversion Cycle

For the Real Estate Services subindustry, SCE Intelligent Commercial Management 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.


SCE Intelligent Commercial Management Holdings's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SCE Intelligent Commercial Management Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SCE Intelligent Commercial Management Holdings's Cash Conversion Cycle falls into.



SCE Intelligent Commercial Management 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.

SCE Intelligent Commercial Management 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
=67.29+0-42.47
=24.82

SCE Intelligent Commercial Management 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
=74.47+0-43
=31.47

* 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.


SCE Intelligent Commercial Management Holdings  (HKSE:00606) 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.


SCE Intelligent Commercial Management Holdings Cash Conversion Cycle Related Terms

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SCE Intelligent Commercial Management Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lane 1688, Shenchang Road, 5th Floor, SCE Tower, Hongqiao Business District, Shanghai, CHN
SCE Intelligent Commercial Management Holdings Ltd is a comprehensive property management service provider managing both commercial and residential properties in China. The company's property management portfolio includes approximately 60 cities across 19 provinces, municipalities, and autonomous regions in China.
Executives
Boc Hong Kong (holdings) Limited 2201 Interest of corporation controlled by you
Luso International Banking Limited 2401 A concert party to an agreement to buy shares
Nan Yang Shang Ye Yin Hang Zhong Guo You Xian Gong Si Shen Zhen Fen Hang 2401 A concert party to an agreement to buy shares
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chow Wai Shing Daniel (in The Capacity As The Receiver) 2501 Other
Wong Chiu Yeung 2201 Interest of corporation controlled by you
Cmb Wing Lung Bank Limited 2401 A concert party to an agreement to buy shares
The Bank Of East Asia, Limited 2401 A concert party to an agreement to buy shares
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
Gardner Aaron Luke (in The Capacity As The Receiver) 2501 Other
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Affluent Way International Limited 2201 Interest of corporation controlled by you
Boc Hong Kong (group) Limited 2201 Interest of corporation controlled by you
Boc Hong Kong (bvi) Limited 2201 Interest of corporation controlled by you
Bank Of China Limited 2201 Interest of corporation controlled by you

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