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Eduspec Holdings Bhd (XKLS:0107) Cash Conversion Cycle : 324.79 (As of Aug. 2024)


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What is Eduspec Holdings Bhd Cash Conversion Cycle?

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

Eduspec Holdings Bhd's Days Sales Outstanding for the three months ended in Aug. 2024 was 64.14.
Eduspec Holdings Bhd's Days Inventory for the three months ended in Aug. 2024 was 352.37.
Eduspec Holdings Bhd's Days Payable for the three months ended in Aug. 2024 was 91.72.
Therefore, Eduspec Holdings Bhd's Cash Conversion Cycle (CCC) for the three months ended in Aug. 2024 was 324.79.


Eduspec Holdings Bhd Cash Conversion Cycle Historical Data

The historical data trend for Eduspec Holdings 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.

Eduspec Holdings Bhd Cash Conversion Cycle Chart

Eduspec Holdings Bhd Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Feb20 Feb21 Feb22 Feb23 Feb24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 850.14 1,596.08 1,720.89 1,778.31 636.76

Eduspec Holdings Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2,501.86 1,238.89 229.19 1,716.44 324.79

Competitive Comparison of Eduspec Holdings Bhd's Cash Conversion Cycle

For the Education & Training Services subindustry, Eduspec Holdings 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.


Eduspec Holdings Bhd's Cash Conversion Cycle Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eduspec Holdings Bhd's Cash Conversion Cycle distribution charts can be found below:

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



Eduspec Holdings 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.

Eduspec Holdings Bhd's Cash Conversion Cycle for the fiscal year that ended in Feb. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=115.39+649.04-127.67
=636.76

Eduspec Holdings Bhd's Cash Conversion Cycle for the quarter that ended in Aug. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=64.14+352.37-91.72
=324.79

* 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.


Eduspec Holdings Bhd  (XKLS:0107) 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.


Eduspec Holdings Bhd Cash Conversion Cycle Related Terms

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Eduspec Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Shah Alam, SGR, MYS, 40200
Eduspec Holdings Bhd is predominantly engaged in the education sector providing STEM programs, and digital schooling solutions, It is also engaged in the B2C education business, and provides professional testing services for Electrical and Electronics (E&E) industry requirements. The company's business segments are; IT Learning, Electrical and Electronics, Investment holding, Property investment, and Themepark. It derives maximum revenue from the IT Learning segment.

Eduspec Holdings Bhd Headlines

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