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Guangdong Jinma Entertainment (SZSE:300756) Cash Conversion Cycle : 271.31 (As of Mar. 2025)


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What is Guangdong Jinma Entertainment Cash Conversion Cycle?

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

Guangdong Jinma Entertainment's Days Sales Outstanding for the three months ended in Mar. 2025 was 97.78.
Guangdong Jinma Entertainment's Days Inventory for the three months ended in Mar. 2025 was 349.75.
Guangdong Jinma Entertainment's Days Payable for the three months ended in Mar. 2025 was 176.22.
Therefore, Guangdong Jinma Entertainment's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 271.31.


Guangdong Jinma Entertainment Cash Conversion Cycle Historical Data

The historical data trend for Guangdong Jinma Entertainment'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.

Guangdong Jinma Entertainment Cash Conversion Cycle Chart

Guangdong Jinma Entertainment 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 572.37 473.57 737.83 354.65 278.17

Guangdong Jinma Entertainment 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 539.75 196.40 257.39 271.51 271.31

Competitive Comparison of Guangdong Jinma Entertainment's Cash Conversion Cycle

For the Leisure subindustry, Guangdong Jinma Entertainment'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.


Guangdong Jinma Entertainment's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Guangdong Jinma Entertainment's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Guangdong Jinma Entertainment's Cash Conversion Cycle falls into.


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Guangdong Jinma Entertainment 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.

Guangdong Jinma Entertainment'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
=88.08+300.04-109.95
=278.17

Guangdong Jinma Entertainment'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
=97.78+349.75-176.22
=271.31

* 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.


Guangdong Jinma Entertainment  (SZSE:300756) 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.


Guangdong Jinma Entertainment Cash Conversion Cycle Related Terms

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Guangdong Jinma Entertainment Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Yanjiang East 3rd Road, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437
Guangdong Jinma Entertainment Corp Ltd, formerly Jinma Technology Entertainment Corp Ltd is engaged in the development, production, and sale of amusement facilities. The company has sets of plants and equipment for mechanical processing, testing and installation, capable of manufacturing all kind of large, medium and small amusement rides. Its rides include roller coasters, tower rides, water rides, giant wheels, classic rides, carousels, family rides, scenery trains, and dark rides.
Executives
Lin Ze Zhao Executives
Ceng Qing Yuan Directors, executives
Deng Zhi Yi Director
Liu Xi Wang Directors, executives
Li Yong Directors, executives
Jia Liao Chuan Executives
Gao Qing Bin Executives
Li Yu Cheng Supervisors
Zheng Cai Yun Executives
Chen Tao Executives

Guangdong Jinma Entertainment Headlines

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