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Bacui Technologies International (SGX:YYB) Cash Conversion Cycle : -291.85 (As of Sep. 2023)


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What is Bacui Technologies International Cash Conversion Cycle?

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

Bacui Technologies International's Days Sales Outstanding for the six months ended in Sep. 2023 was 17.26.
Bacui Technologies International's Days Inventory for the six months ended in Sep. 2023 was 0.
Bacui Technologies International's Days Payable for the six months ended in Sep. 2023 was 309.11.
Therefore, Bacui Technologies International's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was -291.85.


Bacui Technologies International Cash Conversion Cycle Historical Data

The historical data trend for Bacui Technologies International'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.

Bacui Technologies International Cash Conversion Cycle Chart

Bacui Technologies International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.08 23.69 -17.77 -27.01 -34.76

Bacui Technologies International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -69.00 -98.73 - - -291.85

Competitive Comparison of Bacui Technologies International's Cash Conversion Cycle

For the Publishing subindustry, Bacui Technologies International'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.


Bacui Technologies International's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bacui Technologies International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bacui Technologies International's Cash Conversion Cycle falls into.



Bacui Technologies International 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.

Bacui Technologies International's Cash Conversion Cycle for the fiscal year that ended in Mar. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=36.5+0-71.26
=-34.76

Bacui Technologies International's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=17.26+0-309.11
=-291.85

* 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.


Bacui Technologies International  (SGX:YYB) 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.


Bacui Technologies International Cash Conversion Cycle Related Terms

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Bacui Technologies International (SGX:YYB) Business Description

Traded in Other Exchanges
N/A
Address
350 Orchard Road, No. 11-08, Shaw House, Singapore, SGP, 238868
Bacui Technologies International Ltd formerly Arion Entertainment Singapore Ltd is engaged in the provision of management services and investment holding. The company's geographical segment includes Malaysia which is engaged in publishing, exhibition, and events management; Hong Kong, the PRC, and Singapore. It generates maximum revenue from the Malaysia region. The Hong Kong segment is principally a media publishing and money lending business. The PRC segment is principally in the provision of human resources and labour outsourcing-related services.

Bacui Technologies International (SGX:YYB) Headlines

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