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Vsolar Group Bhd (XKLS:0066) Cash Conversion Cycle : 169.96 (As of Dec. 2024)


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What is Vsolar Group Bhd Cash Conversion Cycle?

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

Vsolar Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 169.96.
Vsolar Group Bhd's Days Inventory for the three months ended in Dec. 2024 was 0.
Vsolar Group Bhd's Days Payable for the three months ended in Dec. 2024 was 0.
Therefore, Vsolar Group Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 169.96.


Vsolar Group Bhd Cash Conversion Cycle Historical Data

The historical data trend for Vsolar Group Bhd'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.

Vsolar Group Bhd Cash Conversion Cycle Chart

Vsolar Group Bhd Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.89 86.82 81.00 71.82 9.62

Vsolar Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 45.26 67.65 174.44 89.03 169.96

Competitive Comparison of Vsolar Group Bhd's Cash Conversion Cycle

For the Electronics & Computer Distribution subindustry, Vsolar Group Bhd'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.


Vsolar Group Bhd's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vsolar Group Bhd's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vsolar Group Bhd's Cash Conversion Cycle falls into.


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Vsolar Group Bhd 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.

Vsolar Group Bhd's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=249.89+0-240.27
=9.62

Vsolar Group Bhd's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=169.96+0-0
=169.96

* 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.


Vsolar Group Bhd  (XKLS:0066) 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.


Vsolar Group Bhd Cash Conversion Cycle Related Terms

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Vsolar Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 13.3, 13th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Vsolar Group Bhd is an investment holding company as well as renewable energy, media publishing, software solutions and production house based in Malaysia. The company's operating segment includes Engineering works; Trading; Solar Energy and Others. It generates maximum revenue from the Trading segment. The trading segment is engaged in the trading of computer hardware. The solar energy segment is engaged in the supply of solar energy. Other segments comprise investment holding, trading, and distribution of software, providing information technology services and dormant companies. Geographically, it operates only in Malaysia. Engineering works segment engaged in Business of engineering solutions provider in connection with renewal energy business and other related engineering works.

Vsolar Group Bhd Headlines

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