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Desun Real Estate Investment Services Group Co (HKSE:02270) Cash Conversion Cycle : 126.50 (As of Dec. 2024)


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What is Desun Real Estate Investment Services Group Co Cash Conversion Cycle?

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

Desun Real Estate Investment Services Group Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 128.76.
Desun Real Estate Investment Services Group Co's Days Inventory for the six months ended in Dec. 2024 was 37.99.
Desun Real Estate Investment Services Group Co's Days Payable for the six months ended in Dec. 2024 was 40.25.
Therefore, Desun Real Estate Investment Services Group Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 126.50.


Desun Real Estate Investment Services Group Co Cash Conversion Cycle Historical Data

The historical data trend for Desun Real Estate Investment Services Group 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.

* Premium members only.

Desun Real Estate Investment Services Group Co Cash Conversion Cycle Chart

Desun Real Estate Investment Services Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 26.72 57.26 116.00 126.00 114.73

Desun Real Estate Investment Services Group Co Semi-Annual Data
Dec18 Dec19 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 119.77 142.67 125.22 148.54 126.50

Competitive Comparison of Desun Real Estate Investment Services Group Co's Cash Conversion Cycle

For the Real Estate Services subindustry, Desun Real Estate Investment Services Group 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.


Desun Real Estate Investment Services Group Co's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Desun Real Estate Investment Services Group Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Desun Real Estate Investment Services Group Co's Cash Conversion Cycle falls into.


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Desun Real Estate Investment Services Group 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.

Desun Real Estate Investment Services Group 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
=144.27+22.71-52.25
=114.73

Desun Real Estate Investment Services Group 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
=128.76+37.99-40.25
=126.50

* 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.


Desun Real Estate Investment Services Group Co  (HKSE:02270) 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.


Desun Real Estate Investment Services Group Co Cash Conversion Cycle Related Terms

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Desun Real Estate Investment Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
Desun International, Room 1803, Block A, No. 1480 North Section of Tianfu Avenue High-tech, Industrial Development Zone, Chengdu, CHN
Desun Real Estate Investment Services Group Co Ltd is principally engaged in the provision of property management services and value-added services to property and non-property owners in China. The company's majority of the revenue is generated in the PRC region.
Executives
Pengna Holding Limited 2103 Interests held jointly with another person
Sky Donna Holding Limited 2101 Beneficial owner
Zou Jian 2103 Interests held jointly with another person
Zou Kang 2101 Beneficial owner
Futu Trustee Limited 2301 Trustee

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