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Hyuga Primary Care Co (TSE:7133) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is Hyuga Primary Care Co Cash Conversion Cycle?

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

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


Hyuga Primary Care Co Cash Conversion Cycle Historical Data

The historical data trend for Hyuga Primary Care 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.

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Hyuga Primary Care Co Cash Conversion Cycle Chart

Hyuga Primary Care Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
36.81 29.95 24.14 24.51 28.34

Hyuga Primary Care Co Quarterly Data
Mar20 Mar21 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 26.79 23.56 26.89 31.04 -

Competitive Comparison of Hyuga Primary Care Co's Cash Conversion Cycle

For the Medical Care Facilities subindustry, Hyuga Primary Care 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.


Hyuga Primary Care Co's Cash Conversion Cycle Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hyuga Primary Care Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hyuga Primary Care Co's Cash Conversion Cycle falls into.


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Hyuga Primary Care 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.

Hyuga Primary Care Co'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
=58.38+10.46-40.5
=28.34

Hyuga Primary Care Co'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.


Hyuga Primary Care Co  (TSE:7133) 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.


Hyuga Primary Care Co Cash Conversion Cycle Related Terms

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Hyuga Primary Care Co Business Description

Traded in Other Exchanges
N/A
Address
2-2-1 Kasugabaru Kitamachi, Fukuoka Prefecture, Kasuga, JPN
Hyuga Primary Care Co Ltd is engaged in operation of special nursing homes for the elderly, group homes, paid nursing homes with nursing care, residential area-type paid nursing homes, elderly housing with services, and small-scale multifunctional home care.

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