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Zhengzhou Jiean Hi-tech Co (SZSE:300845) Cash Conversion Cycle : 749.78 (As of Mar. 2025)


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What is Zhengzhou Jiean Hi-tech Co Cash Conversion Cycle?

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

Zhengzhou Jiean Hi-tech Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 743.91.
Zhengzhou Jiean Hi-tech Co's Days Inventory for the three months ended in Mar. 2025 was 1172.26.
Zhengzhou Jiean Hi-tech Co's Days Payable for the three months ended in Mar. 2025 was 1166.39.
Therefore, Zhengzhou Jiean Hi-tech Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 749.78.


Zhengzhou Jiean Hi-tech Co Cash Conversion Cycle Historical Data

The historical data trend for Zhengzhou Jiean Hi-tech 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.

Zhengzhou Jiean Hi-tech Co Cash Conversion Cycle Chart

Zhengzhou Jiean Hi-tech 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 113.40 233.89 300.29 223.48 167.00

Zhengzhou Jiean Hi-tech 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 795.83 239.53 532.46 90.18 749.78

Competitive Comparison of Zhengzhou Jiean Hi-tech Co's Cash Conversion Cycle

For the Software - Application subindustry, Zhengzhou Jiean Hi-tech 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.


Zhengzhou Jiean Hi-tech Co's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Zhengzhou Jiean Hi-tech Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Zhengzhou Jiean Hi-tech Co's Cash Conversion Cycle falls into.


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Zhengzhou Jiean Hi-tech 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.

Zhengzhou Jiean Hi-tech 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
=188.66+262.86-284.52
=167.00

Zhengzhou Jiean Hi-tech 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
=743.91+1172.26-1166.39
=749.78

* 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.


Zhengzhou Jiean Hi-tech Co  (SZSE:300845) 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.


Zhengzhou Jiean Hi-tech Co Cash Conversion Cycle Related Terms

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Zhengzhou Jiean Hi-tech Co Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, No. 133 Science Avenue, High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Zhengzhou Jiean Hi-tech Co Ltd formerly, Zhengzhou J&T Hi-Tech Co Ltd is engaged in the development of multimedia technology and the application of three-dimensional digital virtual simulation technology in various industries. The company provides systematic professional virtual reality simulation design and training solutions, software development, system integration, microcomputer measurement and control and other multi-directional services.
Executives
Gao Zhi Sheng Directors, executives
Song Yang Executives
Zheng Le Guan Director
Zhang An Quan Director
Du Yan Qi Supervisors

Zhengzhou Jiean Hi-tech Co Headlines

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