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V.S. International Group (HKSE:01002) Cash Conversion Cycle : 669.09 (As of Jul. 2024)


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What is V.S. International Group Cash Conversion Cycle?

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

V.S. International Group's Days Sales Outstanding for the six months ended in Jul. 2024 was 524.06.
V.S. International Group's Days Inventory for the six months ended in Jul. 2024 was 484.26.
V.S. International Group's Days Payable for the six months ended in Jul. 2024 was 339.23.
Therefore, V.S. International Group's Cash Conversion Cycle (CCC) for the six months ended in Jul. 2024 was 669.09.


V.S. International Group Cash Conversion Cycle Historical Data

The historical data trend for V.S. International 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.

V.S. International Group Cash Conversion Cycle Chart

V.S. International Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.79 43.51 105.70 103.30 326.12

V.S. International Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 166.24 120.08 77.40 56.86 669.09

Competitive Comparison of V.S. International Group's Cash Conversion Cycle

For the Specialty Chemicals subindustry, V.S. International 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.


V.S. International Group's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, V.S. International Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where V.S. International Group's Cash Conversion Cycle falls into.



V.S. International 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.

V.S. International Group's Cash Conversion Cycle for the fiscal year that ended in Jul. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=221.54+345.18-240.6
=326.12

V.S. International Group's Cash Conversion Cycle for the quarter that ended in Jul. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=524.06+484.26-339.23
=669.09

* 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.


V.S. International Group  (HKSE:01002) 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.


V.S. International Group Cash Conversion Cycle Related Terms

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V.S. International Group Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, 40th Floor, Jardine House, Central, Hong kong, HKG
V.S. International Group Ltd is an investment holding company. It is engaged in the plastic injection and moulding business. It operates in three segments. The Plastic injection and moulding segment, which is the key revenue driver, manufactures and sells plastic moulded products and parts; the Assembling of electronic products segment assembles and sells electronic products, this segment also includes processing fees generated from assembling electronic products; the Mould design and fabrication segment manufactures and sells plastic injection moulds.
Executives
B&e Holding Limited 2101 Beneficial owner
Beh Kim Siea 2201 Interest of corporation controlled by you
Beh Kim Ling 2101 Beneficial owner
V.s. Industry Berhad 2101 Beneficial owner

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