STBXF (Starbox Group Holdings) Cash Conversion Cycle: 30.59 (As of Sep. 2024)


What is Starbox Group Holdings Cash Conversion Cycle?

Starbox Group Holdings STBXF Cash Conversion Cycle is 30.59 as of Sep. 2024.

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

Starbox Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 87.18.
Starbox Group Holdings's Days Inventory for the six months ended in Sep. 2024 was 0.
Starbox Group Holdings's Days Payable for the six months ended in Sep. 2024 was 56.59.
Therefore, Starbox Group Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2024 was 30.59.


Starbox Group Holdings  (OTCPK:STBXF) 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.


Starbox Group Holdings Cash Conversion Cycle Related Terms


Starbox Group Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Starbox Group Holdings'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.

Starbox Group Holdings Cash Conversion Cycle Chart

Starbox Group Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Cash Conversion Cycle
668.38 94.77 86.13 -268.82 177.25

Starbox Group Holdings Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 100.63 161.11 -55.69 108.70 30.59

STBXF vs QTTOY, GOOGL, META: Cash Conversion Cycle Comparison

For the Internet Content & Information subindustry, Starbox Group Holdings'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.


Starbox Group Holdings Cash Conversion Cycle vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbox Group Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Starbox Group Holdings's Cash Conversion Cycle falls into.



Starbox Group Holdings 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.

Starbox Group Holdings's Cash Conversion Cycle for the fiscal year that ended in Sep. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=293.88+0-116.63
=177.25

Starbox Group Holdings'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
=87.18+0-56.59
=30.59

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 30.59 mean?
Starbox Group Holdings (STBXF) has a Cash Conversion Cycle of 30.59 as of Sep. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starbox Group Holdings and its competitors.
Is Starbox Group Holdings' Cash Conversion Cycle too high?
Starbox Group Holdings' current Cash Conversion Cycle is 30.59. The Interactive Media industry median Cash Conversion Cycle is 18.31. Starbox Group Holdings' value of 30.59 is 67.1% above this industry median.
How does Starbox Group Holdings' Cash Conversion Cycle compare to QTTOY and GOOGL?
Starbox Group Holdings' Cash Conversion Cycle of 30.59 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 18.31. Starbox Group Holdings' value of 30.59 is 67.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 18.31, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbox Group Holdings's current Cash Conversion Cycle of 30.59 is 67.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starbox Group Holdings and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbox Group Holdings's current Cash Conversion Cycle is 30.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbox Group Holdings stock overvalued right now?
Starbox Group Holdings (STBXF) has a current Cash Conversion Cycle of 30.59. The current Cash Conversion Cycle is 30.59 and 67.1% above the Interactive Media industry median of 18.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Starbox Group Holdings (STBXF), the current Cash Conversion Cycle is 30.59 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starbox Group Holdings Business Description

Address VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100
Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of its current operations are located in Malaysia. Its operating segments include software licensing, which derives maximum income from software development services, advertising services, cash rebate, and payment solution and media booking services, advertisement production income, and promotional campaign services.