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DYNAM JAPAN HOLDINGS Co (HKSE:06889) Cash Conversion Cycle : 5.83 (As of Mar. 2024)


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What is DYNAM JAPAN HOLDINGS Co Cash Conversion Cycle?

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

DYNAM JAPAN HOLDINGS Co's Days Sales Outstanding for the six months ended in Mar. 2024 was 1.25.
DYNAM JAPAN HOLDINGS Co's Days Inventory for the six months ended in Mar. 2024 was 7.65.
DYNAM JAPAN HOLDINGS Co's Days Payable for the six months ended in Mar. 2024 was 3.07.
Therefore, DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 5.83.


DYNAM JAPAN HOLDINGS Co Cash Conversion Cycle Historical Data

The historical data trend for DYNAM JAPAN HOLDINGS 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.

DYNAM JAPAN HOLDINGS Co Cash Conversion Cycle Chart

DYNAM JAPAN HOLDINGS Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 13.30 9.85 2.40 4.91

DYNAM JAPAN HOLDINGS Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.70 2.45 2.95 4.34 5.83

Competitive Comparison of DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle

For the Gambling subindustry, DYNAM JAPAN HOLDINGS 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.


DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle falls into.



DYNAM JAPAN HOLDINGS 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.

DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.28+6.89-3.26
=4.91

DYNAM JAPAN HOLDINGS Co's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.25+7.65-3.07
=5.83

* 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.


DYNAM JAPAN HOLDINGS Co  (HKSE:06889) 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.


DYNAM JAPAN HOLDINGS Co Cash Conversion Cycle Related Terms

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DYNAM JAPAN HOLDINGS Co (HKSE:06889) Business Description

Traded in Other Exchanges
Address
2-25-1-702 Nishi-Nippori, Arakawa-ku, Tokyo, JPN, 116-0013
DYNAM JAPAN HOLDINGS Co Ltd is an investment holding company. The company's operating segment includes Pachinko business and Aircraft leasing business. It generates maximum revenue from Pachinko business segment. Geographically, it derives a majority of revenue from Japan.
Executives
Sato Kohei
Sato Yoji
Nishiwaki Yaeko
Sato Keiko
Sato Masahiro
Sato Shigehiro
Sato Aviation Capital Limited 2101 Beneficial owner
Eurasia Foundation (from Asia) (formerly Known As "one Asia Foundation")
Rich-o Co., Ltd.
Sato Shizuka 2101 Beneficial owner

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