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Chinandi Holdings (HKSE:00910) Cash Conversion Cycle : 1,152.62 (As of Dec. 2023)


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What is Chinandi Holdings Cash Conversion Cycle?

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

Chinandi Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 48.09.
Chinandi Holdings's Days Inventory for the six months ended in Dec. 2023 was 1273.08.
Chinandi Holdings's Days Payable for the six months ended in Dec. 2023 was 168.55.
Therefore, Chinandi Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 1,152.62.


Chinandi Holdings Cash Conversion Cycle Historical Data

The historical data trend for Chinandi 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.

Chinandi Holdings Cash Conversion Cycle Chart

Chinandi Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,747.63 1,772.65 2,371.35 2,111.62 1,488.64

Chinandi Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3,556.38 8,245.45 1,187.11 1,930.15 1,152.62

Competitive Comparison of Chinandi Holdings's Cash Conversion Cycle

For the Real Estate - Development subindustry, Chinandi 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.


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

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

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



Chinandi 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.

Chinandi 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
=7.9+1587.44-106.7
=1,488.64

Chinandi 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
=48.09+1273.08-168.55
=1,152.62

* 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.


Chinandi Holdings  (HKSE:00910) 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.


Chinandi Holdings Cash Conversion Cycle Related Terms

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Chinandi Holdings (HKSE:00910) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 2008, 20th Floor, Hong Kong, HKG
China Sandi Holdings Ltd is an investment holding company engaged in the investment and development of properties. It operates through the segments of Property development and Property investment. The company derives key revenue from Property development segment which involves the development and sale of properties. Property investment segment involves the lease of investment properties and provision of property management service. The group principally operates in Mainland China.

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