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Beijing SuperMap Software Co (SZSE:300036) Cash Conversion Cycle : 301.89 (As of Mar. 2024)


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What is Beijing SuperMap Software Co Cash Conversion Cycle?

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

Beijing SuperMap Software Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 229.76.
Beijing SuperMap Software Co's Days Inventory for the three months ended in Mar. 2024 was 359.59.
Beijing SuperMap Software Co's Days Payable for the three months ended in Mar. 2024 was 287.46.
Therefore, Beijing SuperMap Software Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 301.89.


Beijing SuperMap Software Co Cash Conversion Cycle Historical Data

The historical data trend for Beijing SuperMap Software 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.

Beijing SuperMap Software Co Cash Conversion Cycle Chart

Beijing SuperMap Software Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.89 193.86 219.52 243.51 174.19

Beijing SuperMap Software Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 380.50 319.51 212.06 146.00 301.89

Competitive Comparison of Beijing SuperMap Software Co's Cash Conversion Cycle

For the Scientific & Technical Instruments subindustry, Beijing SuperMap Software 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.


Beijing SuperMap Software Co's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing SuperMap Software Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Beijing SuperMap Software Co's Cash Conversion Cycle falls into.



Beijing SuperMap Software 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.

Beijing SuperMap Software 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
=128.14+206.45-160.4
=174.19

Beijing SuperMap Software Co's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=229.76+359.59-287.46
=301.89

* 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.


Beijing SuperMap Software Co  (SZSE:300036) 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.


Beijing SuperMap Software Co Cash Conversion Cycle Related Terms

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Beijing SuperMap Software Co (SZSE:300036) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Jiuxianqiao North Road, 6th Floor, 107th Floor, Electronic City IT Industrial Park, Chaoyang District, Beijing, CHN, 100015
Beijing SuperMap Software Co Ltd is a GIS platform software and service provider. The products of the company include super map 8C series and super map 7C series. The solutions offered by the company include super map land information system, super map public service system, super map real estate information system, super map municipality GIS, and superman facility management system.
Executives
Song Guan Fu Directors, executives
Sun Zai Hong Director
Bai Yang Jian Executives
Xu Xu Executives
Ceng Zhi Ming Supervisors
Zhong Er Shun Director
Du Qing E Directors, executives
Li Shao Jun Executives
Ren Xiang Executives
Tan Fei Yan Securities Affairs Representative
Wang Er Qi Director
Wang Kang Hong Directors, executives
Liang Jun Executives
Teng Shou Wei Supervisors
Wang Ji Hui Executives

Beijing SuperMap Software Co (SZSE:300036) Headlines

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