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Winox Holdings (HKSE:06838) Cash Conversion Cycle : 57.07 (As of Dec. 2024)


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What is Winox Holdings Cash Conversion Cycle?

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

Winox Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 77.06.
Winox Holdings's Days Inventory for the six months ended in Dec. 2024 was 38.13.
Winox Holdings's Days Payable for the six months ended in Dec. 2024 was 58.12.
Therefore, Winox Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 57.07.


Winox Holdings Cash Conversion Cycle Historical Data

The historical data trend for Winox 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.

* Premium members only.

Winox Holdings Cash Conversion Cycle Chart

Winox Holdings 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 57.06 48.16 57.40 62.98 57.66

Winox Holdings 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 57.76 63.75 49.66 63.67 57.07

Competitive Comparison of Winox Holdings's Cash Conversion Cycle

For the Luxury Goods subindustry, Winox 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.


Winox Holdings's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Winox Holdings's Cash Conversion Cycle distribution charts can be found below:

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


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Winox 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.

Winox 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
=82.44+39.74-64.52
=57.66

Winox 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
=77.06+38.13-58.12
=57.07

* 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.


Winox Holdings  (HKSE:06838) 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.


Winox Holdings Cash Conversion Cycle Related Terms

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Winox Holdings Business Description

Traded in Other Exchanges
N/A
Address
610 Cha Kwo Ling Road, Units 2 and 3, 1st Floor, Sunray Industrial Centre, Yau Tong, Kowloon, Hong Kong, HKG
Winox Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the development and manufacturing of premium stainless steel products, which include products such as watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. Its geographical segments include China, Taiwan, Switzerland, Hong Kong, Liechtenstein & other European countries, Taiwan, and Other countries. The majority of the revenue for the company comes from the PRC.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Ming Fung Holdings (hong Kong) Limited 2201 Interest of corporation controlled by you
Ming Fung Investment Limited 2101 Beneficial owner
Winholme Holdings Limited 2101 Beneficial owner
Law Wai Ping 2201 Interest of corporation controlled by you
Yiu Hon Ming 2201 Interest of corporation controlled by you
Chan Kai Ming 2201 Interest of corporation controlled by you
Leung Wai Yin, Edith 2202 Interest of your spouse
Tang Wai Fong 2201 Interest of corporation controlled by you

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