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North Asia Strategic Holdings (HKSE:08080) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is North Asia Strategic Holdings Cash Conversion Cycle?

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

North Asia Strategic Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.
North Asia Strategic Holdings's Days Inventory for the three months ended in Sep. 2024 was 0.
North Asia Strategic Holdings's Days Payable for the three months ended in Sep. 2024 was 0.
Therefore, North Asia Strategic Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.00.


North Asia Strategic Holdings Cash Conversion Cycle Historical Data

The historical data trend for North Asia Strategic 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.

North Asia Strategic Holdings Cash Conversion Cycle Chart

North Asia Strategic Holdings 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 28.08 98.68 170.23 141.11 120.60

North Asia Strategic Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 32.86 170.41 77.18 - -

Competitive Comparison of North Asia Strategic Holdings's Cash Conversion Cycle

For the Industrial Distribution subindustry, North Asia Strategic 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.


North Asia Strategic Holdings's Cash Conversion Cycle Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, North Asia Strategic Holdings's Cash Conversion Cycle distribution charts can be found below:

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


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North Asia Strategic 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.

North Asia Strategic Holdings'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
=149.01+64.52-92.93
=120.60

North Asia Strategic Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


North Asia Strategic Holdings  (HKSE:08080) 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.


North Asia Strategic Holdings Cash Conversion Cycle Related Terms

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North Asia Strategic Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, Suite 1618, 16th Floor, Jardine House, Hong Kong, HKG
North Asia Strategic Holdings Ltd is an investment holding company. Through its subsidiaries, the company is engaged in the business segments of Hi-tech distribution and services operation, Lease operation and electronic payment solution. It derives maximum revenue from the Hi-tech distribution and services operation segment, which includes trading of surface mount technology (SMT) assembly equipment, machinery and spare parts and provision of related installation, training, repair and maintenance services for SMT assembly equipment. The Leasing operations involve the provision of finance to its customers via a wide array of assets under finance lease arrangements. The group's activities are principally carried out in Hong Kong, China and the rest of Asia.
Executives
Lu Ying
Sky Virtue Holdings Limited 2101 Beneficial owner
Zhang Yifan 2201 Interest of corporation controlled by you
Sincere Ardent Limited
Sun Ciying 2101 Beneficial owner

North Asia Strategic Holdings Headlines

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