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Sichuan Tianwei Electronic Co (SHSE:688511) Cash Conversion Cycle : 515.86 (As of Mar. 2025)


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What is Sichuan Tianwei Electronic Co Cash Conversion Cycle?

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

Sichuan Tianwei Electronic Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 306.62.
Sichuan Tianwei Electronic Co's Days Inventory for the three months ended in Mar. 2025 was 578.33.
Sichuan Tianwei Electronic Co's Days Payable for the three months ended in Mar. 2025 was 369.09.
Therefore, Sichuan Tianwei Electronic Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 515.86.


Sichuan Tianwei Electronic Co Cash Conversion Cycle Historical Data

The historical data trend for Sichuan Tianwei Electronic 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.

Sichuan Tianwei Electronic Co Cash Conversion Cycle Chart

Sichuan Tianwei Electronic Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 151.26 285.53 640.75 547.83 875.24

Sichuan Tianwei Electronic 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 631.55 3,276.28 855.70 3,751.68 515.86

Competitive Comparison of Sichuan Tianwei Electronic Co's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Sichuan Tianwei Electronic 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.


Sichuan Tianwei Electronic Co's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sichuan Tianwei Electronic Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sichuan Tianwei Electronic Co's Cash Conversion Cycle falls into.


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Sichuan Tianwei Electronic 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.

Sichuan Tianwei Electronic 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
=608.64+664.49-397.89
=875.24

Sichuan Tianwei Electronic 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
=306.62+578.33-369.09
=515.86

* 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.


Sichuan Tianwei Electronic Co  (SHSE:688511) 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.


Sichuan Tianwei Electronic Co Cash Conversion Cycle Related Terms

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Sichuan Tianwei Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 233, Wulian 1st Road, Gongxing Street, China (Sichuan) Pilot Free Trade Zone, Shuangliu District, Chengdu, CHN, 610200
Sichuan Tianwei Electronic Co Ltd is a military scientific research and production company engaged in the research and development, production and sales of high-speed automatic fire suppression and explosion suppression systems, high-energy aviation ignition discharge devices, and high-precision fuse devices. The company's products are widely used in weapons, aviation, aerospace, shipbuilding, electronics and other fields such as in coal mines, energy, electric power, dust industries, and public Civil areas such as transportation.
Executives
Ju Wan Li Director
Chen Jian Directors, senior managers, core technical personnel
Chen Cong Yu Directors, senior managers
Yang De Zhi Core technical personnel
Hou Guang Li senior management
Yang Qin Qin senior management
Zhang Chao Directors, senior managers, core technical personnel
Liu Bin Core technical personnel
Luo Yuan Lin Core technical personnel
Ma Yi Director
Yang Hai Yan Core technical personnel

Sichuan Tianwei Electronic Co Headlines

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