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Mulsanne Group Holding (HKSE:01817) Cash Conversion Cycle : 109.82 (As of Dec. 2023)


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What is Mulsanne Group Holding Cash Conversion Cycle?

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

Mulsanne Group Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 39.49.
Mulsanne Group Holding's Days Inventory for the six months ended in Dec. 2023 was 168.25.
Mulsanne Group Holding's Days Payable for the six months ended in Dec. 2023 was 97.92.
Therefore, Mulsanne Group Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 109.82.


Mulsanne Group Holding Cash Conversion Cycle Historical Data

The historical data trend for Mulsanne Group Holding'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.

Mulsanne Group Holding Cash Conversion Cycle Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 118.52 134.81 137.01 156.83 119.63

Mulsanne Group Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 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 148.01 222.03 152.03 143.36 109.82

Competitive Comparison of Mulsanne Group Holding's Cash Conversion Cycle

For the Apparel Retail subindustry, Mulsanne Group Holding'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.


Mulsanne Group Holding's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mulsanne Group Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mulsanne Group Holding's Cash Conversion Cycle falls into.



Mulsanne Group Holding 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.

Mulsanne Group Holding'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
=47.52+206.63-134.52
=119.63

Mulsanne Group Holding'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
=39.49+168.25-97.92
=109.82

* 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.


Mulsanne Group Holding  (HKSE:01817) 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.


Mulsanne Group Holding Cash Conversion Cycle Related Terms

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Mulsanne Group Holding (HKSE:01817) Business Description

Traded in Other Exchanges
N/A
Address
No. 111, Shanshan Road, Wangchan Industrial Park, Haishu District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Mainland China.
Executives
Yu Yong 2101 Beneficial owner
L Catterton Gp, Llc 2201 Interest of corporation controlled by you
Mckee Hand David 2201 Interest of corporation controlled by you
Crescent Gp Ltd. 2201 Interest of corporation controlled by you
Crescent Glory Singapore Pte. Ltd. 2101 Beneficial owner
Crescent Capital Investments Ltd. 2201 Interest of corporation controlled by you
Yang Herong 2201 Interest of corporation controlled by you
Madison International Limited 2201 Interest of corporation controlled by you
Gxg Trading Limited 2101 Beneficial owner
L Catterton, L.p. 2201 Interest of corporation controlled by you
L Catterton Management Limited 2201 Interest of corporation controlled by you
Catterton Holdings, Llc 2201 Interest of corporation controlled by you
L Catterton Asia Holdings Limited 2201 Interest of corporation controlled by you
L Catterton Asia Advisors 2201 Interest of corporation controlled by you
L Capital Asia 2 Sing Lp 2201 Interest of corporation controlled by you

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