Maison Solutions (Maison Solutions) Cash Conversion Cycle : 9.83 (As of Jan. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Maison Solutions Cash Conversion Cycle?

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

Maison Solutions's Days Sales Outstanding for the three months ended in Jan. 2024 was 4.4.
Maison Solutions's Days Inventory for the three months ended in Jan. 2024 was 25.63.
Maison Solutions's Days Payable for the three months ended in Jan. 2024 was 20.2.
Therefore, Maison Solutions's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 9.83.

Maison Solutions Cash Conversion Cycle Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions Cash Conversion Cycle Chart

Maison Solutions Annual Data

Trend

Apr21

Apr22

Apr23

Cash Conversion Cycle

5.98

0.15

-2.94

Maison Solutions Quarterly Data
	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash Conversion Cycle	Get a 7-Day Free Trial						6.11	5.62	1.46	2.25	9.83

Competitive Comparison of Maison Solutions's Cash Conversion Cycle

For the Grocery Stores subindustry, Maison Solutions'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.

Maison Solutions's Cash Conversion Cycle Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maison Solutions's Cash Conversion Cycle distribution charts can be found below:

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

Maison Solutions 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.

Maison Solutions's Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	2.08	+	22.52	-	27.54
	=	-2.94

Maison Solutions's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	4.4	+	25.63	-	20.2
	=	9.83

Maison Solutions (NAS:MSS) 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.

Maison Solutions Cash Conversion Cycle Related Terms

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

Maison Solutions (Maison Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maison Solutions Inc (NAS:MSS) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

127 N Garfield Avenue, Monterey Park, CA, USA, 91754

Website

https://www.maisonsolutionsinc.com

Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.

Executives

Bin Wang	director	112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han	officer: Chief Operating Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu	director, 10 percent owner, officer: President and CEO	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez	director, officer: Chief Financial Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754