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Living Platform (TSE:7091) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is Living Platform Cash Conversion Cycle?

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

Living Platform's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.
Living Platform's Days Inventory for the three months ended in Sep. 2024 was 0.
Living Platform's Days Payable for the three months ended in Sep. 2024 was 0.
Therefore, Living Platform's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.00.


Living Platform Cash Conversion Cycle Historical Data

The historical data trend for Living Platform'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.

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Living Platform Cash Conversion Cycle Chart

Living Platform Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial 46.62 48.79 45.83 44.04 34.06

Living Platform Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 42.08 44.53 45.97 36.35 -

Competitive Comparison of Living Platform's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Living Platform'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.


Living Platform's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Living Platform's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Living Platform's Cash Conversion Cycle falls into.



Living Platform 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.

Living Platform's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=33.18+0.88-0
=34.06

Living Platform's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Living Platform  (TSE:7091) 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.


Living Platform Cash Conversion Cycle Related Terms

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Living Platform Business Description

Traded in Other Exchanges
N/A
Address
1-12-1 Toranomon, Toranomon Daiichi Building 2nd Floor, Minato-ku, Tokyo, JPN, 105-0001
Living Platform Ltd is engaged in providing nursing care, childcare, and support for people with disabilities. The company's services include Paid nursing home with care, Elderly housing with service, Visiting care, Regular patrol ad hoc care nursing care, Home-visit nursing, Home care support, Small multifunctional home care, among others.

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