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JBB Builders International (HKSE:01903) Cash Conversion Cycle : -32.07 (As of Dec. 2024)


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What is JBB Builders International Cash Conversion Cycle?

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

JBB Builders International's Days Sales Outstanding for the six months ended in Dec. 2024 was 77.74.
JBB Builders International's Days Inventory for the six months ended in Dec. 2024 was 0.
JBB Builders International's Days Payable for the six months ended in Dec. 2024 was 109.81.
Therefore, JBB Builders International's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -32.07.


JBB Builders International Cash Conversion Cycle Historical Data

The historical data trend for JBB Builders International'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.

JBB Builders International Cash Conversion Cycle Chart

JBB Builders International Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -297.61 -116.29 -22.48 -32.31 -39.31

JBB Builders International Semi-Annual Data
Jun16 Jun17 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 -28.23 -44.65 -31.82 -28.98 -32.07

Competitive Comparison of JBB Builders International's Cash Conversion Cycle

For the Engineering & Construction subindustry, JBB Builders International'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.


JBB Builders International's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, JBB Builders International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JBB Builders International's Cash Conversion Cycle falls into.


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JBB Builders International 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.

JBB Builders International's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=70.19+0-109.5
=-39.31

JBB Builders International'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
=77.74+0-109.81
=-32.07

* 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.


JBB Builders International  (HKSE:01903) 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.


JBB Builders International Cash Conversion Cycle Related Terms

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JBB Builders International Business Description

Traded in Other Exchanges
N/A
Address
No. 20-01, Jalan Sri Perkasa 2/18, Taman Tampoi Utama, Johor Bahru, JHR, MYS, 81200
JBB Builders International Ltd is an established engineering contractor. Its business is divided into three types of services namely Marine construction services; Building and infrastructure services and Trading business of marine gas oil. The Marine construction services are further classified into reclamation and related works and marine transportation whereas the Building and infrastructure services include general building works in the construction of properties and infrastructure works. Geographically, it derives revenue from Singapore.
Executives
Ng Say Piyu 2101 Beneficial owner
Ngooi Leng Swee 2202 Interest of your spouse
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