GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avic Aviation High-Technology Co Ltd (SHSE:600862) » Definitions » Cash Conversion Cycle

Avic Aviation High-Technology Co (SHSE:600862) Cash Conversion Cycle : 193.38 (As of Mar. 2025)


View and export this data going back to 1994. Start your Free Trial

What is Avic Aviation High-Technology Co Cash Conversion Cycle?

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

Avic Aviation High-Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 178.7.
Avic Aviation High-Technology Co's Days Inventory for the three months ended in Mar. 2025 was 150.04.
Avic Aviation High-Technology Co's Days Payable for the three months ended in Mar. 2025 was 135.36.
Therefore, Avic Aviation High-Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 193.38.


Avic Aviation High-Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Avic Aviation High-Technology 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.

Avic Aviation High-Technology Co Cash Conversion Cycle Chart

Avic Aviation High-Technology 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 122.32 164.91 182.76 177.23 184.75

Avic Aviation High-Technology 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 177.74 194.62 182.03 201.85 193.38

Competitive Comparison of Avic Aviation High-Technology Co's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Avic Aviation High-Technology 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.


Avic Aviation High-Technology Co's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Aviation High-Technology Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Avic Aviation High-Technology Co's Cash Conversion Cycle falls into.


;
;

Avic Aviation High-Technology 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.

Avic Aviation High-Technology 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
=158.08+145.66-118.99
=184.75

Avic Aviation High-Technology 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
=178.7+150.04-135.36
=193.38

* 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.


Avic Aviation High-Technology Co  (SHSE:600862) 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.


Avic Aviation High-Technology Co Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Avic Aviation High-Technology Co's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Avic Aviation High-Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 YongHe Road, Gangzha District, Jiangsu Province, Nantong, CHN, 226011
Avic Aviation High-Technology Co Ltd is mainly engaged in the research and development of new aviation materials and the development and manufacture of high-end intelligent equipment in China.
Executives
Shi Jin Yu Supervisors
Lu Qiang Xin Director
Zhu Jun senior management
Bian Ming Supervisors
Ling Wei Guo Director
Wang Jian Hua senior management
Yang Wei Qiong senior management
Shen Feng senior management
Zhang Jin Fei senior management
Wu Li Xin senior management
Zhang Jia Sheng senior management
Shen Chun Hua senior management
Chen Zhi Xiang senior management
Yang Qi senior management
Gan Qing senior management

Avic Aviation High-Technology Co Headlines

No Headlines