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HASEKO (HASEKO) Cash Conversion Cycle : 243.71 (As of Dec. 2023)


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What is HASEKO Cash Conversion Cycle?

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

HASEKO's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.12.
HASEKO's Days Inventory for the three months ended in Dec. 2023 was 226.17.
HASEKO's Days Payable for the three months ended in Dec. 2023 was 38.58.
Therefore, HASEKO's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 243.71.


HASEKO Cash Conversion Cycle Historical Data

The historical data trend for HASEKO'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.

HASEKO Cash Conversion Cycle Chart

HASEKO 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 134.80 172.89 189.00 209.24 230.18

HASEKO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 167.79 212.32 211.82 243.71 201.25

Competitive Comparison of HASEKO's Cash Conversion Cycle

For the Residential Construction subindustry, HASEKO'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.


HASEKO's Cash Conversion Cycle Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cash Conversion Cycle distribution charts can be found below:

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



HASEKO 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.

HASEKO'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
=56.38+213.91-40.11
=230.18

HASEKO's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=56.12+226.17-38.58
=243.71

* 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.


HASEKO  (OTCPK:HSKCF) 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.


HASEKO Cash Conversion Cycle Related Terms

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HASEKO (HASEKO) Business Description

Traded in Other Exchanges
Address
32-1 Shiba 2-chome, Minato-ku, Tokyo, JPN, 105-8507
Haseko Corp is a Japanese construction company that focuses on residential condominium construction. The company targets its construction efforts in Tokyo and the Kinki region of Japan. Its construction process provides developers with land selection, planning, design, engineering, and final construction. Haseko has historically constructed roughly 15,000 condominium units annually, which allows it to control almost one fourth of the overall Japanese condo market. Haseko also offers various building-related services such as condominium management, repair, remodeling, and brokerage sales. These services account for approximately 25% of the company's overall revenue.

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