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World-Link Logistics (Asia) Holding (HKSE:06083) Cash Conversion Cycle : 41.56 (As of Dec. 2024)


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What is World-Link Logistics (Asia) Holding Cash Conversion Cycle?

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

World-Link Logistics (Asia) Holding's Days Sales Outstanding for the six months ended in Dec. 2024 was 79.14.
World-Link Logistics (Asia) Holding's Days Inventory for the six months ended in Dec. 2024 was 61.42.
World-Link Logistics (Asia) Holding's Days Payable for the six months ended in Dec. 2024 was 99.
Therefore, World-Link Logistics (Asia) Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 41.56.


World-Link Logistics (Asia) Holding Cash Conversion Cycle Historical Data

The historical data trend for World-Link Logistics (Asia) Holding'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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World-Link Logistics (Asia) Holding Cash Conversion Cycle Chart

World-Link Logistics (Asia) Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.81 72.12 78.21 81.25 69.05

World-Link Logistics (Asia) Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.63 88.30 80.48 68.39 41.56

Competitive Comparison of World-Link Logistics (Asia) Holding's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, World-Link Logistics (Asia) Holding'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.


World-Link Logistics (Asia) Holding's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, World-Link Logistics (Asia) Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where World-Link Logistics (Asia) Holding's Cash Conversion Cycle falls into.


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World-Link Logistics (Asia) Holding 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.

World-Link Logistics (Asia) Holding'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
=103.42+115.24-149.61
=69.05

World-Link Logistics (Asia) Holding'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
=79.14+61.42-99
=41.56

* 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.


World-Link Logistics (Asia) Holding  (HKSE:06083) 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.


World-Link Logistics (Asia) Holding Cash Conversion Cycle Related Terms

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World-Link Logistics (Asia) Holding Business Description

Traded in Other Exchanges
N/A
Address
150-164 Texaco Road, 3rd Floor, Allied Cargo Centre, Tsuen Wan, Hong Kong, HKG
World-Link Logistics (Asia) Holding Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in providing logistics services, packing services and distribution business. The organization offers total supply chain services, warehousing, transportation, data management, and customization services such as repacking and labeling services, and value-added services. The operating segments of the group are Supply chain management service business and Full service distribution business. It generates maximum revenue from the logistics solutions business. All the business operations of the company are located in Hong Kong and Macau.
Executives
Orange Blossom International Limited 2101 Beneficial owner
Law Wai Yee 2202 Interest of your spouse
Yeung Kwong Fat 2201 Interest of corporation controlled by you
Best Matrix Global Limited
Leader Speed Limited
Chan Pik Shan
Lee Kam Hung
Luk Yau Chi Desmond
Wong Soo Fung

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