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Yonz Technology Co (SHSE:603381) Cash Conversion Cycle : 135.82 (As of Sep. 2024)


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What is Yonz 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.

Yonz Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 84.9.
Yonz Technology Co's Days Inventory for the three months ended in Sep. 2024 was 56.29.
Yonz Technology Co's Days Payable for the three months ended in Sep. 2024 was 5.37.
Therefore, Yonz Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 135.82.


Yonz Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Yonz 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.

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Yonz Technology Co Cash Conversion Cycle Chart

Yonz Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
71.78 66.41 68.55 97.57

Yonz Technology Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 70.22 104.75 116.63 110.34 135.82

Competitive Comparison of Yonz Technology Co's Cash Conversion Cycle

For the Solar subindustry, Yonz 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.


Yonz Technology Co's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Yonz Technology Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Yonz Technology Co's Cash Conversion Cycle falls into.



Yonz 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.

Yonz Technology Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=73.08+32.8-8.31
=97.57

Yonz Technology Co's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=84.9+56.29-5.37
=135.82

* 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.


Yonz Technology Co  (SHSE:603381) 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.


Yonz Technology Co Cash Conversion Cycle Related Terms

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Yonz Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Yuehu North Road, Jintan District, Jiangsu Province, Changzhou, CHN, 213200
Yonz Technology Co Ltd is engaged in the research and development, production, sales and application of green energy structural materials. Its products include photovoltaic frame products, photovoltaic building integrated products (BIPV), and distributed photovoltaic bracket structural parts. They are mainly used to protect the edges of photovoltaic modules, strengthen the sealing performance of photovoltaic modules, and improve the overall mechanical strength of photovoltaic modules.

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