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Cloud Factory Technology Holdings (HKSE:02512) Cash Conversion Cycle : 30.32 (As of Dec. 2024)


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What is Cloud Factory Technology Holdings Cash Conversion Cycle?

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

Cloud Factory Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 151.62.
Cloud Factory Technology Holdings's Days Inventory for the six months ended in Dec. 2024 was 0.08.
Cloud Factory Technology Holdings's Days Payable for the six months ended in Dec. 2024 was 121.38.
Therefore, Cloud Factory Technology Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 30.32.


Cloud Factory Technology Holdings Cash Conversion Cycle Historical Data

The historical data trend for Cloud Factory Technology Holdings'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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Cloud Factory Technology Holdings Cash Conversion Cycle Chart

Cloud Factory Technology Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
-59.25 -54.67 -43.08 -19.89

Cloud Factory Technology Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial - -54.59 -34.26 5.07 30.32

Competitive Comparison of Cloud Factory Technology Holdings's Cash Conversion Cycle

For the Information Technology Services subindustry, Cloud Factory Technology Holdings'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.


Cloud Factory Technology Holdings's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Cloud Factory Technology Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Cloud Factory Technology Holdings's Cash Conversion Cycle falls into.


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Cloud Factory Technology Holdings 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.

Cloud Factory Technology Holdings'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
=112.83+0.08-132.8
=-19.89

Cloud Factory Technology Holdings'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
=151.62+0.08-121.38
=30.32

* 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.


Cloud Factory Technology Holdings  (HKSE:02512) 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.


Cloud Factory Technology Holdings Cash Conversion Cycle Related Terms

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Cloud Factory Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
228 Linghu Avenue, 2-601, Tian An Intelligence Park, Xinwu District, Jiangsu, Wuxi, CHN
Cloud Factory Technology Holdings Ltd operates carrier-neutral services. Carrier-neutral service providers operate data center which is independent of network providers to offer access to multiple network service carriers. It provide IDC solution services, edge computing services, and ICT solution services and other services in Chinese Mainland.
Executives
Ru Yi Information Technology Co., Ltd 2101 Beneficial owner
Sun Tao 2201 Interest of corporation controlled by you

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