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Beijing Dalong Weiye Real Estate Development Co (SHSE:600159) Cash Conversion Cycle : 1,052.43 (As of Mar. 2025)


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What is Beijing Dalong Weiye Real Estate Development Co Cash Conversion Cycle?

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

Beijing Dalong Weiye Real Estate Development Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 251.75.
Beijing Dalong Weiye Real Estate Development Co's Days Inventory for the three months ended in Mar. 2025 was 1226.09.
Beijing Dalong Weiye Real Estate Development Co's Days Payable for the three months ended in Mar. 2025 was 425.41.
Therefore, Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 1,052.43.


Beijing Dalong Weiye Real Estate Development Co Cash Conversion Cycle Historical Data

The historical data trend for Beijing Dalong Weiye Real Estate Development Co'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.

Beijing Dalong Weiye Real Estate Development Co Cash Conversion Cycle Chart

Beijing Dalong Weiye Real Estate Development Co 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 1,390.63 712.94 1,047.36 1,078.31 870.24

Beijing Dalong Weiye Real Estate Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,827.84 732.12 853.55 824.47 1,052.43

Competitive Comparison of Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle

For the Real Estate - Development subindustry, Beijing Dalong Weiye Real Estate Development Co'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.


Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle falls into.


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Beijing Dalong Weiye Real Estate Development Co 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.

Beijing Dalong Weiye Real Estate Development Co'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
=192.25+993.05-315.06
=870.24

Beijing Dalong Weiye Real Estate Development Co's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=251.75+1226.09-425.41
=1,052.43

* 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.


Beijing Dalong Weiye Real Estate Development Co  (SHSE:600159) 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.


Beijing Dalong Weiye Real Estate Development Co Cash Conversion Cycle Related Terms

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Beijing Dalong Weiye Real Estate Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Fuqian East Street, Shunyi District, Beijing, CHN, 101300
Beijing Dalong Weiye Real Estate Development Co Ltd is a real estate development company. The other business of the company includes land first level development, real estate secondary development, construction engineering, ecological gardening, service, finance, science and technology, and cultural media.
Executives
Zhao Chuan Director
Ma Zhi Fang Director
Yuan Zhen Dong Supervisors
Gu Guang Ming senior management
Wei Cai Hong Director
Feng Guo Bin senior management
Fang Man Hong senior management
Chen Hong senior management

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