GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Cash Conversion Cycle

Guoquan Food (Shanghai) Co (HKSE:02517) Cash Conversion Cycle : 11.81 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Guoquan Food (Shanghai) Co Cash Conversion Cycle?

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

Guoquan Food (Shanghai) Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 6.78.
Guoquan Food (Shanghai) Co's Days Inventory for the six months ended in Dec. 2024 was 34.4.
Guoquan Food (Shanghai) Co's Days Payable for the six months ended in Dec. 2024 was 29.37.
Therefore, Guoquan Food (Shanghai) Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 11.81.

Guoquan Food (Shanghai) Co Cash Conversion Cycle Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co Cash Conversion Cycle Chart

Guoquan Food (Shanghai) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
76.06 49.61 32.52 34.28 19.48

Guoquan Food (Shanghai) Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial - 49.18 21.66 20.68 11.81

Competitive Comparison of Guoquan Food (Shanghai) Co's Cash Conversion Cycle

For the Packaged Foods subindustry, Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guoquan Food (Shanghai) Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Guoquan Food (Shanghai) Co's Cash Conversion Cycle falls into.


;
;

Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) 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
=8.16+51.61-40.29
=19.48

Guoquan Food (Shanghai) 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
=6.78+34.4-29.37
=11.81

* 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.

Guoquan Food (Shanghai) Co  (HKSE:02517) 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.

Guoquan Food (Shanghai) Co Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Guoquan Food (Shanghai) Co's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Guoquan Food (Shanghai) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Cash Conversion Cycle
Comparable Companies
HKSE:01112 HKSE:00345 HKSE:01475 HKSE:01610 HKSE:09676 HKSE:01458 HKSE:01579 HKSE:06683 HKSE:02555 HKSE:01717 XSWX:NESN XPAR:BN SHSE:603288 KHC GIS K NSE:NESTLEIND SHSE:600887 TSE:2802 SZSE:300999
Traded in Other Exchanges
N/A
Address
Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN
Website
https://www.zzgqsh.com
Guoquan Food (Shanghai) Co Ltd is the rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.
Executives
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Cheng Du Quan Yi Shi Pin You Xian Gong Si 2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund Gp V Associates Ltd. 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you
Famous Wealthy Limited 2101 Beneficial owner
Zhou Quan 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund V L.p. 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund V Associates L.p. 2201 Interest of corporation controlled by you
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo 2101 Beneficial owner
Wei Zhe 2201 Interest of corporation controlled by you

Guoquan Food (Shanghai) Co Headlines

No Headlines