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QingSong Health's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 25.74.
QingSong Health's Days Inventory for the
six
months ended in Dec. 2025 was 0.
QingSong Health's Days Payable for the
six
months ended in Dec. 2025 was 14.66.
Therefore, QingSong Health's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 11.08.
QingSong Health (HKSE:02661) 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.
QingSong Health Cash Conversion Cycle Related Terms
QingSong Health Cash Conversion Cycle Historical Data
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The historical data trend for QingSong Health'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.
HKSE:02661 vs VEEV, BTSG, HQY: Cash Conversion Cycle Comparison
For the Health Information Services subindustry, QingSong Health'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.
QingSong Health Cash Conversion Cycle vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, QingSong Health's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where QingSong Health's Cash Conversion Cycle falls into.
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.
QingSong Health's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
QingSong Health (HKSE:02661) has a Cash Conversion Cycle of 11.08 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on QingSong Health and its competitors.
Is QingSong Health's Cash Conversion Cycle too high?
QingSong Health's current Cash Conversion Cycle is 11.08. The Healthcare Providers & Services industry median Cash Conversion Cycle is 17.65. QingSong Health's value of 11.08 is 37.2% below this industry median. Overall, QingSong Health has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does QingSong Health's Cash Conversion Cycle compare to VEEV and BTSG?
QingSong Health's Cash Conversion Cycle of 11.08 can be compared against companies in the Healthcare Providers & Services industry. The industry median Cash Conversion Cycle is 17.65. QingSong Health's value of 11.08 is 37.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Healthcare Providers & Services company?
The median Cash Conversion Cycle among Healthcare Providers & Services companies is 17.65, based on 662 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QingSong Health's current Cash Conversion Cycle of 11.08 is 37.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on QingSong Health and its competitors. For the Healthcare Providers & Services industry, the median Cash Conversion Cycle is 17.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QingSong Health's current Cash Conversion Cycle is 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QingSong Health stock overvalued right now?
QingSong Health (HKSE:02661) has a current Cash Conversion Cycle of 11.08. The current Cash Conversion Cycle is 11.08 and 37.2% below the Healthcare Providers & Services industry median of 17.65. QingSong Health's overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For QingSong Health (HKSE:02661), the current Cash Conversion Cycle is 11.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
QingSong Health Corp is a technology-driven one-stop platform in China, focusing on providing comprehensive health services and health insurance solutions. It offers healthcare-related services, including early disease screening promotion and consultancy, health examinations and consultations, medical appointment services, and the sale of health supplements. It prominently offers health insurance products providing coverage for illness and medical expenses, typically for one year or less. The company also offers critical illness insurance, which provides a lump-sum payment if the policyholder is diagnosed with specified serious illnesses. It derives revenue from the provision of Healthcare-related Services. Geographically, it operates only in China.
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