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Pasture Holdings (SGX:UUK) Cash Conversion Cycle : 101.08 (As of Dec. 2024)


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What is Pasture Holdings Cash Conversion Cycle?

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

Pasture Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 7.08.
Pasture Holdings's Days Inventory for the six months ended in Dec. 2024 was 115.17.
Pasture Holdings's Days Payable for the six months ended in Dec. 2024 was 21.17.
Therefore, Pasture Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 101.08.


Pasture Holdings Cash Conversion Cycle Historical Data

The historical data trend for Pasture 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.

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Pasture Holdings Cash Conversion Cycle Chart

Pasture Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
-24.24 -18.79 21.55 61.65 85.66

Pasture Holdings Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial 51.32 70.10 84.52 85.08 101.08

Competitive Comparison of Pasture Holdings's Cash Conversion Cycle

For the Medical Distribution subindustry, Pasture 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.


Pasture Holdings's Cash Conversion Cycle Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Pasture Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pasture Holdings's Cash Conversion Cycle falls into.


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Pasture 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.

Pasture Holdings'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
=3.59+101.74-19.67
=85.66

Pasture Holdings'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
=7.08+115.17-21.17
=101.08

* 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.


Pasture Holdings  (SGX:UUK) 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.


Pasture Holdings Cash Conversion Cycle Related Terms

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Pasture Holdings Business Description

Traded in Other Exchanges
N/A
Address
2 Corporation Road, No. 03-04/05, Singapore, SGP, 618494
Pasture Holdings Ltd is a pharmaceutical product and medical supplies and devices company. It is organized into three segments as follows Pharmaceutical wholesale and drop-shipment refer to sales generated from the wholesale procurement and transhipment of pharmaceutical and nutraceutical products and backend support of pharmaceutical supplies to international clients' online pharmacy businesses. Masks and medical supplies refer to sales generated from surgical masks, N95 respirators, surgical N95 respirators, N95 respirators for general public use, and wholesale procurement of medical supplies and devices. Other services refer mainly to sales of new lines of products and services such as oral disintegrating strips and pet pharmaceutical and nutraceutical products and services.

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