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IOI Properties Group Bhd (IOI Properties Group Bhd) Cash Conversion Cycle : 1,094.53 (As of Mar. 2024)


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What is IOI Properties Group Bhd Cash Conversion Cycle?

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

IOI Properties Group Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.53.
IOI Properties Group Bhd's Days Inventory for the three months ended in Mar. 2024 was 1314.4.
IOI Properties Group Bhd's Days Payable for the three months ended in Mar. 2024 was 264.4.
Therefore, IOI Properties Group Bhd's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 1,094.53.


IOI Properties Group Bhd Cash Conversion Cycle Historical Data

The historical data trend for IOI Properties Group Bhd'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.

IOI Properties Group Bhd Cash Conversion Cycle Chart

IOI Properties Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,817.14 1,851.38 1,105.63 960.95 1,292.01

IOI Properties Group Bhd 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 1,793.03 1,394.61 1,630.34 1,758.47 1,094.53

Competitive Comparison of IOI Properties Group Bhd's Cash Conversion Cycle

For the Real Estate - Development subindustry, IOI Properties Group Bhd'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.


IOI Properties Group Bhd's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IOI Properties Group Bhd's Cash Conversion Cycle distribution charts can be found below:

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



IOI Properties Group Bhd 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.

IOI Properties Group Bhd's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=14.5+1382.83-105.32
=1,292.01

IOI Properties Group Bhd'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
=44.53+1314.4-264.4
=1,094.53

* 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.


IOI Properties Group Bhd  (OTCPK:IOIHF) 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.


IOI Properties Group Bhd Cash Conversion Cycle Related Terms

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IOI Properties Group Bhd (IOI Properties Group Bhd) Business Description

Traded in Other Exchanges
Address
Level 29, IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, MYS, 62502
IOI Properties Group Bhd is a Malaysian investment holding company in the property development sector. The company has a business portfolio that encompasses four segments: hospitality and leisure, property development, property investment and Other operations. The company mainly develops residential, commercial, and industrial properties, and it invests in retail, commercial, and office space. Additionally, other operations include landscape services and building services management. The property development segment generates most of the company's revenue. The company generates the majority of its revenue in Malaysia.

IOI Properties Group Bhd (IOI Properties Group Bhd) Headlines

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