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Arabian International Healthcare Holding Co (SAU:9530) Cash Conversion Cycle : 262.78 (As of Dec. 2023)


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What is Arabian International Healthcare Holding Co Cash Conversion Cycle?

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

Arabian International Healthcare Holding Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 251.11.
Arabian International Healthcare Holding Co's Days Inventory for the six months ended in Dec. 2023 was 132.8.
Arabian International Healthcare Holding Co's Days Payable for the six months ended in Dec. 2023 was 121.13.
Therefore, Arabian International Healthcare Holding Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 262.78.


Arabian International Healthcare Holding Co Cash Conversion Cycle Historical Data

The historical data trend for Arabian International Healthcare Holding Co'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.

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Arabian International Healthcare Holding Co Cash Conversion Cycle Chart

Arabian International Healthcare Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
422.98 365.72 447.45 393.19 327.43

Arabian International Healthcare Holding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial 337.52 608.61 313.23 392.94 262.78

Competitive Comparison of Arabian International Healthcare Holding Co's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Arabian International Healthcare Holding Co'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.


Arabian International Healthcare Holding Co's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arabian International Healthcare Holding Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Arabian International Healthcare Holding Co's Cash Conversion Cycle falls into.



Arabian International Healthcare Holding Co 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.

Arabian International Healthcare Holding Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=313.5+157.37-143.44
=327.43

Arabian International Healthcare Holding Co's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=251.11+132.8-121.13
=262.78

* 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.


Arabian International Healthcare Holding Co  (SAU:9530) 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.


Arabian International Healthcare Holding Co Cash Conversion Cycle Related Terms

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Arabian International Healthcare Holding Co (SAU:9530) Business Description

Traded in Other Exchanges
N/A
Address
Al Marhoma Street, Business Gate, Qortubah, Riyadh, SAU
Arabian International Healthcare Holding Co provides integrated medical solutions to healthcare providers in the health sector in Saudi Arabia through its subsidiaries. Its projects include Cardiology, Intensive care, Operating rooms, Oncology, Hospital Infrastructure, and Others.

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