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Zhejiang Yingfeng Technology Co (SHSE:605055) Cash Conversion Cycle : -107.74 (As of Mar. 2025)


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What is Zhejiang Yingfeng 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.

Zhejiang Yingfeng Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 29.03.
Zhejiang Yingfeng Technology Co's Days Inventory for the three months ended in Mar. 2025 was 22.1.
Zhejiang Yingfeng Technology Co's Days Payable for the three months ended in Mar. 2025 was 158.87.
Therefore, Zhejiang Yingfeng Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was -107.74.


Zhejiang Yingfeng Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Zhejiang Yingfeng 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.

Zhejiang Yingfeng Technology Co Cash Conversion Cycle Chart

Zhejiang Yingfeng Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -73.63 -54.72 -46.80 -35.65 -62.93

Zhejiang Yingfeng 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 -33.60 -32.42 -40.73 -66.53 -107.74

Competitive Comparison of Zhejiang Yingfeng Technology Co's Cash Conversion Cycle

For the Textile Manufacturing subindustry, Zhejiang Yingfeng 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.


Zhejiang Yingfeng Technology Co's Cash Conversion Cycle Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Yingfeng Technology Co's Cash Conversion Cycle distribution charts can be found below:

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


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Zhejiang Yingfeng 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.

Zhejiang Yingfeng 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
=22.78+17.69-103.4
=-62.93

Zhejiang Yingfeng 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
=29.03+22.1-158.87
=-107.74

* 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.


Zhejiang Yingfeng Technology Co  (SHSE:605055) 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.


Zhejiang Yingfeng Technology Co Cash Conversion Cycle Related Terms

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Zhejiang Yingfeng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 4888, Xingbin Road, Binhai Industrial Zone, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312000
Zhejiang Yingfeng Technology Co Ltd specializes in textile printing and dyeing processing business. It mainly includes two series of knitted fabric printing and dyeing and woven fabric printing and dyeing. The main processes include pretreatment, dyeing, and finishing. Textile fabrics after printing and dyeing are widely used in the fields of casual clothing, sportswear and business formal wear.
Executives
Fu Shuang Li Director

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