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Genting Singapore (SGX:G13) Cash Conversion Cycle : -14.83 (As of Dec. 2024)


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What is Genting Singapore Cash Conversion Cycle?

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

Genting Singapore's Days Sales Outstanding for the six months ended in Dec. 2024 was 40.23.
Genting Singapore's Days Inventory for the six months ended in Dec. 2024 was 10.84.
Genting Singapore's Days Payable for the six months ended in Dec. 2024 was 65.9.
Therefore, Genting Singapore's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -14.83.


Genting Singapore Cash Conversion Cycle Historical Data

The historical data trend for Genting Singapore'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.

Genting Singapore Cash Conversion Cycle Chart

Genting Singapore Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.19 28.24 21.85 20.39 23.11

Genting Singapore Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.59 -31.64 -21.88 -17.51 -14.83

Competitive Comparison of Genting Singapore's Cash Conversion Cycle

For the Resorts & Casinos subindustry, Genting Singapore'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.


Genting Singapore's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Singapore's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Genting Singapore's Cash Conversion Cycle falls into.


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Genting Singapore 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.

Genting Singapore's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=30.47+10.55-17.91
=23.11

Genting Singapore'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
=40.23+10.84-65.9
=-14.83

* 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.


Genting Singapore  (SGX:G13) 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.


Genting Singapore Cash Conversion Cycle Related Terms

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


Genting Singapore Business Description

Traded in Other Exchanges
Address
10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270
Genting Singapore is engaged in the development and operation of integrated resort destinations, including gaming, hospitality, meetings, and leisure and entertainment facilities. It owns Resorts World Sentosa in Singapore, one of the leading integrated resort destinations in Asia, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore theme park, facilities for meetings, incentives, conventions, and exhibitions, hotels, Michelin-starred restaurants, and specialty retail outlets.

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