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Guosheng Financial Holding (SZSE:002670) Cash Conversion Cycle : 81.38 (As of Mar. 2025)


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What is Guosheng Financial Holding Cash Conversion Cycle?

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

Guosheng Financial Holding's Days Sales Outstanding for the three months ended in Mar. 2025 was 81.38.
Guosheng Financial Holding's Days Inventory for the three months ended in Mar. 2025 was 0.
Guosheng Financial Holding's Days Payable for the three months ended in Mar. 2025 was 0.
Therefore, Guosheng Financial Holding's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 81.38.


Guosheng Financial Holding Cash Conversion Cycle Historical Data

The historical data trend for Guosheng Financial Holding'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.

Guosheng Financial Holding Cash Conversion Cycle Chart

Guosheng Financial Holding 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 -17,054.04 75.14 170.57 262.55 196.96

Guosheng Financial Holding 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 244.20 100.49 75.80 55.48 81.38

Competitive Comparison of Guosheng Financial Holding's Cash Conversion Cycle

For the Financial Conglomerates subindustry, Guosheng Financial Holding'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.


Guosheng Financial Holding's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Guosheng Financial Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Guosheng Financial Holding's Cash Conversion Cycle falls into.


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Guosheng Financial Holding 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.

Guosheng Financial Holding'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
=196.96+0-0
=196.96

Guosheng Financial Holding'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
=81.38+0-0
=81.38

* 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.


Guosheng Financial Holding  (SZSE:002670) 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.


Guosheng Financial Holding Cash Conversion Cycle Related Terms

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Guosheng Financial Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 5033 Yitian Road, 101F , Ping An Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000
Guosheng Financial Holding Inc is a China based integrated financial service group. It provides financial products and services including securities, investment, finance and technology. The company focuses on building brokerage and securities research, institutional securities, credit, investment management and internet finance, leading to provide customers with a chain of financial services.
Executives
Zhao Cen Secretary, Director
Liu Shi Ming Director
Xie Ji Zhu Directors, executives
Luo Jia Jun Director
Zhang Li Ping Independent director
Liu Chen Supervisors
Huang Xi Qiang Directors, executives

Guosheng Financial Holding Headlines

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