Silkroad Vision Technology Co (SZSE:300556) Cash Conversion Cycle : 218.74 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Silkroad Vision 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.

Silkroad Vision Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 637.83.
Silkroad Vision Technology Co's Days Inventory for the three months ended in Mar. 2024 was 42.56.
Silkroad Vision Technology Co's Days Payable for the three months ended in Mar. 2024 was 461.65.
Therefore, Silkroad Vision Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 218.74.

Silkroad Vision Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Silkroad Vision 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.

Silkroad Vision Technology Co Cash Conversion Cycle Chart

Silkroad Vision Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

Get a 7-Day Free Trial

57.96

19.75

-2.77

-4.89

-12.33

Silkroad Vision Technology 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															87.51	3.49	13.73	-32.17	218.74

Competitive Comparison of Silkroad Vision Technology Co's Cash Conversion Cycle

For the Entertainment subindustry, Silkroad Vision 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.

Silkroad Vision Technology Co's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silkroad Vision Technology Co's Cash Conversion Cycle distribution charts can be found below:

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

Silkroad Vision 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.

Silkroad Vision Technology 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
	=	154.23	+	15.28	-	181.84
	=	-12.33

Silkroad Vision Technology 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
	=	637.83	+	42.56	-	461.65
	=	218.74

Silkroad Vision Technology Co (SZSE:300556) 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.

Silkroad Vision Technology Co Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Silkroad Vision Technology Co's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Silkroad Vision Technology Co (SZSE:300556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Silkroad Vision Technology Co Ltd (SZSE:300556) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000

Website

http://www.silkroadcg.com

Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.

Executives

Wang Yu	Secretary Dong
Wang Jun Ping	Director
Wang Xiu Qin	Directors, executives
Tian Wan Jun	Executives
Hu Jing Hua	Director
Yue Feng	Executives
Li Meng Di	Directors, executives
Li Peng Hui	Directors, executives
Ding Peng Qing	Executives
Kang Yu Lu	Executives
Xiang Lan Di	Supervisors
Wang Dan	Executives
He Tao	Executives
Pei Ge Xin	Directors, executives
Dong Hai Ping	Director

Silkroad Vision Technology Co (SZSE:300556) Headlines

No Headlines