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Institute for Q-shu Pioneers of Space (TSE:5595) Cash Conversion Cycle : 11.48 (As of Nov. 2024)


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What is Institute for Q-shu Pioneers of Space Cash Conversion Cycle?

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

Institute for Q-shu Pioneers of Space's Days Sales Outstanding for the three months ended in Nov. 2024 was 102.29.
Institute for Q-shu Pioneers of Space's Days Inventory for the three months ended in Nov. 2024 was 0.
Institute for Q-shu Pioneers of Space's Days Payable for the three months ended in Nov. 2024 was 90.81.
Therefore, Institute for Q-shu Pioneers of Space's Cash Conversion Cycle (CCC) for the three months ended in Nov. 2024 was 11.48.


Institute for Q-shu Pioneers of Space Cash Conversion Cycle Historical Data

The historical data trend for Institute for Q-shu Pioneers of Space'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.

Institute for Q-shu Pioneers of Space Cash Conversion Cycle Chart

Institute for Q-shu Pioneers of Space Annual Data
Trend May22 May23 May24
Cash Conversion Cycle
34.69 5.53 167.84

Institute for Q-shu Pioneers of Space Quarterly Data
May22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 10.52 130.33 425.08 11.48 58.49

Competitive Comparison of Institute for Q-shu Pioneers of Space's Cash Conversion Cycle

For the Aerospace & Defense subindustry, Institute for Q-shu Pioneers of Space'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.


Institute for Q-shu Pioneers of Space's Cash Conversion Cycle Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Institute for Q-shu Pioneers of Space's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Institute for Q-shu Pioneers of Space's Cash Conversion Cycle falls into.


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Institute for Q-shu Pioneers of Space 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.

Institute for Q-shu Pioneers of Space's Cash Conversion Cycle for the fiscal year that ended in May. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=189.22+10.71-32.09
=167.84

Institute for Q-shu Pioneers of Space's Cash Conversion Cycle for the quarter that ended in Nov. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=102.29+0-90.81
=11.48

* 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.


Institute for Q-shu Pioneers of Space  (TSE:5595) 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.


Institute for Q-shu Pioneers of Space Cash Conversion Cycle Related Terms

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Institute for Q-shu Pioneers of Space Business Description

Traded in Other Exchanges
N/A
Address
1-15-35 Tenjin, 6th Floor Rengo Fukuoka Tenjin Building, Chuo-ku, Fukuoka-shi, Fukuoka, JPN, 810-0001
Institute for Q-shu Pioneers of Space Inc is engaged in the Development, manufacture, operation, Acquisition and sale of SAR image data from small SAR satellites.

Institute for Q-shu Pioneers of Space Headlines

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