GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sino Green Land Corp (OTCPK:SGLA) » Definitions » Cash Conversion Cycle

Sino Green Land (Sino Green Land) Cash Conversion Cycle : 29.65 (As of Mar. 2024)


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

What is Sino Green Land Cash Conversion Cycle?

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

Sino Green Land's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.26.
Sino Green Land's Days Inventory for the three months ended in Mar. 2024 was 27.79.
Sino Green Land's Days Payable for the three months ended in Mar. 2024 was 8.4.
Therefore, Sino Green Land's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 29.65.


Sino Green Land Cash Conversion Cycle Historical Data

The historical data trend for Sino Green Land'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.

Sino Green Land Cash Conversion Cycle Chart

Sino Green Land Annual Data
Trend May07 May08 Dec09 Dec10 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial 0.52 0.59 - - -

Sino Green Land Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 36.23 29.65

Competitive Comparison of Sino Green Land's Cash Conversion Cycle

For the Waste Management subindustry, Sino Green Land'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.


Sino Green Land's Cash Conversion Cycle Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sino Green Land's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sino Green Land's Cash Conversion Cycle falls into.



Sino Green Land 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.

Sino Green Land's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

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

Sino Green Land's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=10.26+27.79-8.4
=29.65

* 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.


Sino Green Land  (OTCPK:SGLA) 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.


Sino Green Land Cash Conversion Cycle Related Terms

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


Sino Green Land (Sino Green Land) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, Semenyih, SGR, MYS, 43500
Sino Green Land Corporation is engaged in the wholesale distribution, marketing and sales of high-value fruits and vegetables to wholesale centers and supermarkets in China.
Executives
Wong Ching Wing Elise director 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Kuk Ching Wo director, 10 percent owner 8H, TOWER 21, LAGUNA VERDE,, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Erin Wong officer: Secretary 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Wai Yin Cheng director, 10 percent owner PO BOX 36, PANG F4 0000000000
Liu Ka Lim (louis) director UNIT 7 001-3 IFC 2, CENTRAL K3 0000000000
Huasong Sheena Shen officer: Chief Financial Officer 11 WILLOW ROAD, WESTON CT 06883
Tse Karen Ka Yan director SUITE 2711A, 27/F. EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 000000
Chan Danvil Kin Hang director SUITE 2711A, 27/F, EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 0000000
Xiong Luo director, 10 percent owner, officer: Corporate Secretary 5, JALAN DIAMOND 20, DIAMOND RESIDENCE, SEMENYIH, SELANGOR N8 43000
Fong Anson Yiu Ming director, 10 percent owner, officer: Chief Executive and Chairman 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Pan Yan officer: Chief Operating Officer 6/F NO. 947 QIAO XING ROAD, SHI QIAO TOWN, PAN YU DISTRICT, GUANG ZHOU F4 511490
Jeremy Goodwin director 1546 MICHAEL LANE, PACIFIC PALISADES CA 90272
Chi Ming Leung director, officer: CEO and President 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Grand Will Investment Group Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Logo International Holdings Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620

Sino Green Land (Sino Green Land) Headlines

No Headlines