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Wuxi Hodgen Technology Co (SZSE:300279) Cash Conversion Cycle : 56.17 (As of Mar. 2025)


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What is Wuxi Hodgen 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.

Wuxi Hodgen Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 101.83.
Wuxi Hodgen Technology Co's Days Inventory for the three months ended in Mar. 2025 was 83.55.
Wuxi Hodgen Technology Co's Days Payable for the three months ended in Mar. 2025 was 129.21.
Therefore, Wuxi Hodgen Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 56.17.


Wuxi Hodgen Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Wuxi Hodgen 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.

Wuxi Hodgen Technology Co Cash Conversion Cycle Chart

Wuxi Hodgen 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 26.27 30.69 56.49 62.75 53.65

Wuxi Hodgen 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 59.14 58.48 60.30 56.59 56.17

Competitive Comparison of Wuxi Hodgen Technology Co's Cash Conversion Cycle

For the Electronic Components subindustry, Wuxi Hodgen 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.


Wuxi Hodgen Technology Co's Cash Conversion Cycle Distribution in the Hardware Industry

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

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


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Wuxi Hodgen 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.

Wuxi Hodgen 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
=91.92+94.7-132.97
=53.65

Wuxi Hodgen 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
=101.83+83.55-129.21
=56.17

* 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.


Wuxi Hodgen Technology Co  (SZSE:300279) 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.


Wuxi Hodgen Technology Co Cash Conversion Cycle Related Terms

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Wuxi Hodgen Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 177, Changjiang East Road, Jiangsu Province, Wuxi, CHN, 214145
Wuxi Hodgen Technology Co Ltd is an electrical machinery and equipment manufacturing company. It is organized into four business segments: the Hejingzhi Manufacturing segment is engaged in the research, development, manufacture and sales of white goods and intelligent hardware. The System Integration segment provides information services for various enterprises and institutions in the government, education and other industries. The Interactive Data segment serves the broadcasting and television system, the main source of income is access network equipment and intelligent terminals. The Internet Education segment provides a cloud platform for preschool education.
Executives
Gu Qun Directors, executives
Xu Hong Bin Directors, executives
Wang Jin Executives
Chen Bai Lin Director
Zhou Wei Li Supervisors
Wang Da Peng Executives
Qiu Xiao Bin Directors, executives
Ying Yan Ping Supervisors
Zhang Chen Yang Director

Wuxi Hodgen Technology Co Headlines

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