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Future Data Group (HKSE:08229) Cash Conversion Cycle : 0.00 (As of Dec. 2024)


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What is Future Data Group Cash Conversion Cycle?

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

Future Data Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 0.
Future Data Group's Days Inventory for the three months ended in Dec. 2024 was 0.
Future Data Group's Days Payable for the three months ended in Dec. 2024 was 0.
Therefore, Future Data Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 0.00.


Future Data Group Cash Conversion Cycle Historical Data

The historical data trend for Future Data Group'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.

Future Data Group Cash Conversion Cycle Chart

Future Data Group 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 6.47 25.02 25.82 2.59 -3.70

Future Data Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 37.39 48.72 -5.54 - -

Competitive Comparison of Future Data Group's Cash Conversion Cycle

For the Information Technology Services subindustry, Future Data Group'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.


Future Data Group's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Future Data Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Future Data Group's Cash Conversion Cycle falls into.


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Future Data Group 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.

Future Data Group'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
=36.98+1.76-42.44
=-3.70

Future Data Group'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
=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.


Future Data Group  (HKSE:08229) 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.


Future Data Group Cash Conversion Cycle Related Terms

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Future Data Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Harbour Road, Room 1703, 17th floor Office Tower, Wan Chai, Hong Kong, HKG
Future Data Group Ltd is engaged in the provision of integration of systems with network connectivity, cloud computing and security elements, maintenance services, and cyber security services in Korea and Hong Kong. It operates in three segments System integration, Maintenance services, and Cyber security services with the majority of revenue being derived from the System integration segment. It operates in Hong Kong and Korea with the majority of its revenue coming from Korea.
Executives
Tao Guolin 2101 Beneficial owner
Tao Hongxia 2201 Interest of corporation controlled by you
Variant Wealth Investment Development Limited 2101 Beneficial owner
Gorgeous Real Investment Holding Limited 2101 Beneficial owner
Han Lerong 2202 Interest of your spouse
Tao Hongxia 2201 Interest of corporation controlled by you
Han Lerong 2202 Interest of your spouse
Tang Marilyn 2202 Interest of your spouse
Tao Jian 2101 Beneficial owner
Asia Media Systems Pte. Ltd. 2201 Interest of corporation controlled by you
Suh Seung Hyun 2201 Interest of corporation controlled by you
Suh Kim Seong Ock 2202 Interest of your spouse
Shin Hee Kum 2202 Interest of your spouse
Phung Nhuong Giang 2201 Interest of corporation controlled by you
Park Hyeoung Jin 2201 Interest of corporation controlled by you

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