Intelligent Group (Intelligent Group) Cash Conversion Cycle : 74.49 (As of Nov. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Intelligent Group Cash Conversion Cycle?

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

Intelligent Group's Days Sales Outstanding for the six months ended in Nov. 2023 was 74.49.
Intelligent Group's Days Inventory for the six months ended in Nov. 2023 was 0.
Intelligent Group's Days Payable for the six months ended in Nov. 2023 was 0.
Therefore, Intelligent Group's Cash Conversion Cycle (CCC) for the six months ended in Nov. 2023 was 74.49.

Intelligent Group Cash Conversion Cycle Historical Data

The historical data trend for Intelligent 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.

Intelligent Group Cash Conversion Cycle Chart

Intelligent Group Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Cash Conversion Cycle

44.90

48.81

93.54

71.93

Intelligent Group Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash Conversion Cycle	Get a 7-Day Free Trial			58.89	111.84	109.03	83.33	74.49

Competitive Comparison of Intelligent Group's Cash Conversion Cycle

For the Consulting Services subindustry, Intelligent 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.

Intelligent Group's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intelligent Group's Cash Conversion Cycle distribution charts can be found below:

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

Intelligent 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.

Intelligent Group's Cash Conversion Cycle for the fiscal year that ended in Nov. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	71.93	+	0	-	0
	=	71.93

Intelligent Group's Cash Conversion Cycle for the quarter that ended in Nov. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	74.49	+	0	-	0
	=	74.49

Intelligent Group (NAS:INTJ) 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.

Intelligent Group Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Intelligent Group's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Intelligent Group (Intelligent Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Intelligent Group Ltd (NAS:INTJ) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

http://www.intelligentjoy.com

Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.