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Leader Hill (Leader Hill) Cash Conversion Cycle : 91.25 (As of Aug. 2022)


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What is Leader Hill Cash Conversion Cycle?

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

Leader Hill's Days Sales Outstanding for the three months ended in Aug. 2022 was 91.25.
Leader Hill's Days Inventory for the three months ended in Aug. 2022 was .
Leader Hill's Days Payable for the three months ended in Aug. 2022 was .
Therefore, Leader Hill's Cash Conversion Cycle (CCC) for the three months ended in Aug. 2022 was 91.25.


Leader Hill Cash Conversion Cycle Historical Data

The historical data trend for Leader Hill'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.

Leader Hill Cash Conversion Cycle Chart

Leader Hill Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Cash Conversion Cycle
365.00 292.00 - - -

Leader Hill Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 - - - - 91.25

Competitive Comparison of Leader Hill's Cash Conversion Cycle

For the Specialty Business Services subindustry, Leader Hill'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.


Leader Hill's Cash Conversion Cycle Distribution in the Business Services Industry

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

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



Leader Hill 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.

Leader Hill's Cash Conversion Cycle for the fiscal year that ended in Nov. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

Leader Hill's Cash Conversion Cycle for the quarter that ended in Aug. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=91.25+-
=91.25

* 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.


Leader Hill  (OTCPK:LHIL) 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.


Leader Hill Cash Conversion Cycle Related Terms

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Leader Hill (Leader Hill) Business Description

Traded in Other Exchanges
N/A
Address
Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000
Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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