Trustco Group Holdings's Days Sales Outstanding for the
six
months ended in Feb. 2024 was 279.12.
Trustco Group Holdings's Days Inventory for the
six
months ended in Feb. 2024 was 0.
Trustco Group Holdings's Days Payable for the
six
months ended in Feb. 2024 was 0.
Therefore, Trustco Group Holdings's Cash Conversion Cycle (CCC) for the
six
months ended in Feb. 2024 was 279.12.
Trustco Group Holdings (JSE:TTO) 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.
Trustco Group Holdings Cash Conversion Cycle Related Terms
Trustco Group Holdings Cash Conversion Cycle Historical Data
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The historical data trend for Trustco Group 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.
Trustco Group Holdings Cash Conversion Cycle Chart
JSE:TTO vs BLK, BX, KKR: Cash Conversion Cycle Comparison
For the Asset Management subindustry, Trustco Group 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.
Trustco Group Holdings Cash Conversion Cycle vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Trustco Group Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Trustco Group Holdings's Cash Conversion Cycle falls into.
Trustco Group 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.
Trustco Group Holdings's Cash Conversion Cycle for the fiscal year that ended in Aug. 2023 is calculated as
* 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.
Trustco Group Holdings (JSE:TTO) has a Cash Conversion Cycle of 279.12 as of Feb. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' Cash Conversion Cycle too high?
Trustco Group Holdings' current Cash Conversion Cycle is 279.12. The Asset Management industry median Cash Conversion Cycle is 4.78. Trustco Group Holdings' value of 279.12 is 5739.3% above this industry median. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' Cash Conversion Cycle compare to BLK and BX?
Trustco Group Holdings' Cash Conversion Cycle of 279.12 can be compared against companies in the Asset Management industry. The industry median Cash Conversion Cycle is 4.78. Trustco Group Holdings' value of 279.12 is 5739.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Asset Management company?
The median Cash Conversion Cycle among Asset Management companies is 4.78, based on 603 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trustco Group Holdings's current Cash Conversion Cycle of 279.12 is 5739.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Trustco Group Holdings and its competitors. For the Asset Management industry, the median Cash Conversion Cycle is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustco Group Holdings's current Cash Conversion Cycle is 279.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current Cash Conversion Cycle of 279.12. The current Cash Conversion Cycle is 279.12 and 5739.3% above the Asset Management industry median of 4.78. Trustco Group Holdings' overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Trustco Group Holdings (JSE:TTO), the current Cash Conversion Cycle is 279.12 as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
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