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Willas-Array Electronics Holdings (SGX:BDR) Cash Conversion Cycle : 133.07 (As of Sep. 2024)


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What is Willas-Array Electronics Holdings Cash Conversion Cycle?

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

Willas-Array Electronics Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 124.16.
Willas-Array Electronics Holdings's Days Inventory for the six months ended in Sep. 2024 was 94.34.
Willas-Array Electronics Holdings's Days Payable for the six months ended in Sep. 2024 was 85.43.
Therefore, Willas-Array Electronics Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 133.07.


Willas-Array Electronics Holdings Cash Conversion Cycle Historical Data

The historical data trend for Willas-Array Electronics Holdings'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.

Willas-Array Electronics Holdings Cash Conversion Cycle Chart

Willas-Array Electronics Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.02 78.15 83.74 108.90 123.16

Willas-Array Electronics Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 90.27 137.60 132.28 124.07 133.07

Competitive Comparison of Willas-Array Electronics Holdings's Cash Conversion Cycle

For the Electronics & Computer Distribution subindustry, Willas-Array Electronics Holdings'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.


Willas-Array Electronics Holdings's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Willas-Array Electronics Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Willas-Array Electronics Holdings's Cash Conversion Cycle falls into.


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Willas-Array Electronics Holdings 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.

Willas-Array Electronics Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=110.93+91.94-79.71
=123.16

Willas-Array Electronics Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=124.16+94.34-85.43
=133.07

* 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.


Willas-Array Electronics Holdings  (SGX:BDR) 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.


Willas-Array Electronics Holdings Cash Conversion Cycle Related Terms

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Willas-Array Electronics Holdings Business Description

Traded in Other Exchanges
N/A
Address
200 Tai Lin Pai Road, 24th Floor, Wyler Centre, Phase 2, Kwai Chung, New Territories, Hong Kong, HKG
Willas-Array Electronics Holdings Ltd is engaged in the distribution of electronic components for use in the industrial, audio and video, telecommunications, home appliances, and lighting, as well as providing engineering solutions. The group has a business presence in the Southern China Region, Northern China Region, and Taiwan. It has market segments are Automotive, Home Appliance, Industrial segments, Electronic Manufacturing Services, Dealer, Telecommunications, Audio and Video, Lighting, and Others.

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