Xi'an Kingfar Property Services Co (HKSE:01354) Cash Conversion Cycle : 25.77 (As of Dec. 2024)

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What is Xi'an Kingfar Property Services Co Cash Conversion Cycle?

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

Xi'an Kingfar Property Services Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 88.26.
Xi'an Kingfar Property Services Co's Days Inventory for the six months ended in Dec. 2024 was 0.16.
Xi'an Kingfar Property Services Co's Days Payable for the six months ended in Dec. 2024 was 62.65.
Therefore, Xi'an Kingfar Property Services Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 25.77.

Xi'an Kingfar Property Services Co Cash Conversion Cycle Historical Data

The historical data trend for Xi'an Kingfar Property Services Co'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.

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Xi'an Kingfar Property Services Co Cash Conversion Cycle Chart

Xi'an Kingfar Property Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash Conversion Cycle

55.29

72.96

53.89

17.32

Xi'an Kingfar Property Services Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash Conversion Cycle	Get a 7-Day Free Trial			-	87.66	26.02	35.05	25.77

Competitive Comparison of Xi'an Kingfar Property Services Co's Cash Conversion Cycle

For the Real Estate Services subindustry, Xi'an Kingfar Property Services Co'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.

Xi'an Kingfar Property Services Co's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xi'an Kingfar Property Services Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Xi'an Kingfar Property Services Co's Cash Conversion Cycle falls into.

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Xi'an Kingfar Property Services Co 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.

Xi'an Kingfar Property Services Co'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
	=	80.15	+	0.27	-	63.1
	=	17.32

Xi'an Kingfar Property Services Co'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
	=	88.26	+	0.16	-	62.65
	=	25.77

Xi'an Kingfar Property Services Co (HKSE:01354) 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.

Xi'an Kingfar Property Services Co Cash Conversion Cycle Related Terms

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Xi'an Kingfar Property Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xi'an Kingfar Property Services Co Ltd (HKSE:01354) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Fengcheng Second Road, Room 10701, Unit 1, Building 3, Xi’an Financial Innovation Center, Shaanxi, Economic and Technological, Development Zone, Xi’an, CHN

Website

https://www.xajfwy.com

Xi'an Kingfar Property Services Co Ltd is a state-owned city service and property management service provider in Shaanxi Province with presence in Northwest China. It has three primary business lines; City Services, Residential Property Management Services and Commercial Property Management Services. The company contracted to provide public property management services, basic residential property management services and basic commercial property management services to 149 projects in China. Key revenue is generated from City services.

Executives

The Reynold Lemkins Group (asia) Limited
Kaufmann & Company Pan-asia Limited	2101 Beneficial owner
Xin Fu Yuan Ke Ji You Xian Gong Si	2101 Beneficial owner
Ding Huaming	2201 Interest of corporation controlled by you
Ju E Mao Yi Ji Tuan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Meng Wujun	2201 Interest of corporation controlled by you
Xi An Tian Bo Zhen Duan Ji Shu You Xian Gong Si	2101 Beneficial owner
Liao Huixia	2201 Interest of corporation controlled by you
Ding Hua Ming	2101 Beneficial owner
Pan Zhixiong	2201 Interest of corporation controlled by you

Xi'an Kingfar Property Services Co Headlines

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