GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (NAS:QSG) » Definitions » Cash Conversion Cycle

QSG (QuantaSing Group) Cash Conversion Cycle : -30.60 (As of Dec. 2024)


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

What is QuantaSing Group Cash Conversion Cycle?

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

QuantaSing Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 2.14.
QuantaSing Group's Days Inventory for the three months ended in Dec. 2024 was 7.9.
QuantaSing Group's Days Payable for the three months ended in Dec. 2024 was 40.64.
Therefore, QuantaSing Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -30.60.


QuantaSing Group Cash Conversion Cycle Historical Data

The historical data trend for QuantaSing 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.

QuantaSing Group Cash Conversion Cycle Chart

QuantaSing Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
-131.33 -48.11 -50.62 -35.83

QuantaSing Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -32.52 -39.30 -41.90 -34.70 -30.60

Competitive Comparison of QuantaSing Group's Cash Conversion Cycle

For the Education & Training Services subindustry, QuantaSing 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.


QuantaSing Group's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, QuantaSing Group's Cash Conversion Cycle distribution charts can be found below:

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


;
;

QuantaSing 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.

QuantaSing Group's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.4+4.21-41.44
=-35.83

QuantaSing Group's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.14+7.9-40.64
=-30.60

* 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.


QuantaSing Group  (NAS:QSG) 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.


QuantaSing Group Cash Conversion Cycle Related Terms

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


QuantaSing Group Business Description

Traded in Other Exchanges
Address
Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102
QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.