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Qeeka Home (Cayman) (HKSE:01739) Cash Conversion Cycle : -134.24 (As of Dec. 2024)


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What is Qeeka Home (Cayman) Cash Conversion Cycle?

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

Qeeka Home (Cayman)'s Days Sales Outstanding for the six months ended in Dec. 2024 was 44.56.
Qeeka Home (Cayman)'s Days Inventory for the six months ended in Dec. 2024 was 9.72.
Qeeka Home (Cayman)'s Days Payable for the six months ended in Dec. 2024 was 188.52.
Therefore, Qeeka Home (Cayman)'s Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -134.24.


Qeeka Home (Cayman) Cash Conversion Cycle Historical Data

The historical data trend for Qeeka Home (Cayman)'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.

Qeeka Home (Cayman) Cash Conversion Cycle Chart

Qeeka Home (Cayman) 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 -81.21 -102.77 -125.72 -58.92 -102.64

Qeeka Home (Cayman) Semi-Annual Data
Dec15 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 -100.76 -91.20 -60.16 -86.40 -134.24

Competitive Comparison of Qeeka Home (Cayman)'s Cash Conversion Cycle

For the Internet Content & Information subindustry, Qeeka Home (Cayman)'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.


Qeeka Home (Cayman)'s Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qeeka Home (Cayman)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Qeeka Home (Cayman)'s Cash Conversion Cycle falls into.


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Qeeka Home (Cayman) 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.

Qeeka Home (Cayman)'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
=40.22+8.39-151.25
=-102.64

Qeeka Home (Cayman)'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
=44.56+9.72-188.52
=-134.24

* 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.


Qeeka Home (Cayman)  (HKSE:01739) 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.


Qeeka Home (Cayman) Cash Conversion Cycle Related Terms

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Qeeka Home (Cayman) Business Description

Traded in Other Exchanges
N/A
Address
No. 1926, Cao An Highway, Building 1, Jiading District, Shanghai, CHN
Qeeka Home (Cayman) Inc is a provider of SaaS solutions in the Interior design and construction industry in China. The principal activities of the Group are the provision of SaaS-based total marketing solution, targeted marketing services, inspection service, and others (SaaS and Marketing Service); the provision of interior design and construction service ( Interior Design and Construction); and the provision of other initiative services (Innovation and others). All the revenue of the group was generated in the PRC. Its segments are SaaS and marketing service; Interior design and construction; and Innovation and others.
Executives
Lam Lai Ming 2201 Interest of corporation controlled by you
Li Gabriel 2201 Interest of corporation controlled by you
Orchid Asia Vi, L.p. 2201 Interest of corporation controlled by you
Orchid Asia Vi Gp, Limited 2201 Interest of corporation controlled by you
Orchid Asia V Group, Limited 2201 Interest of corporation controlled by you
Orchid Asia V Group Management, Limited 2201 Interest of corporation controlled by you
Oavi Holdings, L.p. 2201 Interest of corporation controlled by you
Clinton Global Limited 2101 Beneficial owner
Areo Holdings Limited 2201 Interest of corporation controlled by you
Sun Jie 2202 Interest of your spouse
Teng Yue Partners, L.p.
Teng Yue Partners Master Fund, L.p.
Teng Yue Partners Holdings, Llc
Teng Yue Partners Holdings Gp, Llc
Teng Yue Partners Gp, Llc

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