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Suzhou Jinfu Technology Co (SZSE:300128) Cash Conversion Cycle : 58.94 (As of Mar. 2025)


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What is Suzhou Jinfu 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.

Suzhou Jinfu Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 122.67.
Suzhou Jinfu Technology Co's Days Inventory for the three months ended in Mar. 2025 was 85.05.
Suzhou Jinfu Technology Co's Days Payable for the three months ended in Mar. 2025 was 148.78.
Therefore, Suzhou Jinfu Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 58.94.


Suzhou Jinfu Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Suzhou Jinfu 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.

Suzhou Jinfu Technology Co Cash Conversion Cycle Chart

Suzhou Jinfu Technology Co 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 77.64 67.18 11.75 47.68 62.04

Suzhou Jinfu 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 73.68 64.92 73.82 53.58 58.94

Competitive Comparison of Suzhou Jinfu Technology Co's Cash Conversion Cycle

For the Electronic Components subindustry, Suzhou Jinfu 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.


Suzhou Jinfu Technology Co's Cash Conversion Cycle Distribution in the Hardware Industry

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

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


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Suzhou Jinfu 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.

Suzhou Jinfu 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
=127.34+82.16-147.46
=62.04

Suzhou Jinfu 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
=122.67+85.05-148.78
=58.94

* 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.


Suzhou Jinfu Technology Co  (SZSE:300128) 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.


Suzhou Jinfu Technology Co Cash Conversion Cycle Related Terms

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Suzhou Jinfu Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Jiangpu Road, Suzhou Industrial Park, Jiangsu, CHN, 215006
Suzhou Jinfu Technology Co Ltd is mainly engaged in electronic manufacturing, Internet of Things cloud storage and cloud computing services. The company's main products includes backlight modules (BLUs), liquid crystal modules (LCMs), photoelectrical display thin film components, testing tools and automatic equipment, heat insulation and shock-absorbing products and precision die cutting equipment, among others.
Executives
Wang Jun Executives
Shi Zheng Hong Executives
Wang Xiao Hu Executives
Zhang Rui Directors, executives
Deng Hao Executives
Li Lei Executives
Wang Wen De Directors, executives
Huang Ya Fu Director
Deng Shi Qiang Executives
Yang Zheng Directors, executives
Fu Guo Ping Directors, Directors, and Executives
Ge Wei Dong Directors, executives
Weng Zhang Qing Executives
Yang Xiao Wei Director
Chen Yan Securities Affairs Representative

Suzhou Jinfu Technology Co Headlines

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