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Fujian Nanwang Environment Protection Scien-Tech Co (SZSE:301355) Cash Conversion Cycle : 63.05 (As of Mar. 2025)


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What is Fujian Nanwang Environment Protection Scien-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.

Fujian Nanwang Environment Protection Scien-Tech Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 57.8.
Fujian Nanwang Environment Protection Scien-Tech Co's Days Inventory for the three months ended in Mar. 2025 was 82.28.
Fujian Nanwang Environment Protection Scien-Tech Co's Days Payable for the three months ended in Mar. 2025 was 77.03.
Therefore, Fujian Nanwang Environment Protection Scien-Tech Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 63.05.


Fujian Nanwang Environment Protection Scien-Tech Co Cash Conversion Cycle Historical Data

The historical data trend for Fujian Nanwang Environment Protection Scien-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.

Fujian Nanwang Environment Protection Scien-Tech Co Cash Conversion Cycle Chart

Fujian Nanwang Environment Protection Scien-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 53.74 31.02 56.74 64.87 55.32

Fujian Nanwang Environment Protection Scien-Tech Co Quarterly Data
Dec19 Jun20 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 61.52 57.72 40.52 48.96 63.05

Competitive Comparison of Fujian Nanwang Environment Protection Scien-Tech Co's Cash Conversion Cycle

For the Packaging & Containers subindustry, Fujian Nanwang Environment Protection Scien-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.


Fujian Nanwang Environment Protection Scien-Tech Co's Cash Conversion Cycle Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Fujian Nanwang Environment Protection Scien-Tech Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fujian Nanwang Environment Protection Scien-Tech Co's Cash Conversion Cycle falls into.


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Fujian Nanwang Environment Protection Scien-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.

Fujian Nanwang Environment Protection Scien-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
=54.03+81.91-80.62
=55.32

Fujian Nanwang Environment Protection Scien-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
=57.8+82.28-77.03
=63.05

* 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.


Fujian Nanwang Environment Protection Scien-Tech Co  (SZSE:301355) 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.


Fujian Nanwang Environment Protection Scien-Tech Co Cash Conversion Cycle Related Terms

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Fujian Nanwang Environment Protection Scien-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
Huidong Industrial Zone, Liaoyuan Village, Dongqiao Town, Hui'an County, Fujian, Quanzhou, CHN, 362141
Fujian Nanwang Environment Protection Scien-Tech Co Ltd is engaged in research and development, manufacture and sales of paper product packaging such as environmentally friendly paper bags and food packaging. Nanwang has set up a digital printing bag-making workshop and food packaging workshop, with more than 300 sets of main production equipment and nearly 100 sets (sets) of inspection and testing equipment, which can produce more than 1.4 billion high-quality environmentally friendly paper bags and 5.9 billion food packaging, so far the total production and operation area is about 200,000 square meters.

Fujian Nanwang Environment Protection Scien-Tech Co Headlines

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