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SCC Holdings Bhd (XKLS:0158) Cash Conversion Cycle : 146.50 (As of Dec. 2024)


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What is SCC 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.

SCC Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 62.9.
SCC Holdings Bhd's Days Inventory for the three months ended in Dec. 2024 was 102.49.
SCC Holdings Bhd's Days Payable for the three months ended in Dec. 2024 was 18.89.
Therefore, SCC Holdings Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 146.50.


SCC Holdings Bhd Cash Conversion Cycle Historical Data

The historical data trend for SCC 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.

SCC Holdings Bhd Cash Conversion Cycle Chart

SCC Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.32 143.27 146.34 209.94 191.25

SCC Holdings 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 193.16 186.46 189.15 199.04 146.50

Competitive Comparison of SCC Holdings Bhd's Cash Conversion Cycle

For the Food Distribution subindustry, SCC 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.


SCC Holdings Bhd's Cash Conversion Cycle Distribution in the Retail - Defensive Industry

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

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


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SCC 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.

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

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=85.13+134.16-28.04
=191.25

SCC Holdings 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
=62.9+102.49-18.89
=146.50

* 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.


SCC Holdings Bhd  (XKLS:0158) 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.


SCC Holdings Bhd Cash Conversion Cycle Related Terms

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SCC Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
19-21, Jalan Hujan, Taman Overseas Union, 5th Miles, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200
SCC Holdings Bhd is engaged in the distribution of food service equipment and the sale of animal health products. The group operates in the business segments of Foodservice equipment segment, Animal health products, and Others. The food service equipment segment includes industrial-grade equipment used to aid the final preparation and delivery of meals to customers. Food service equipment has applications in kitchens and is suited for food service providers. Animal health product segments include the selling of antimicrobial preservatives and feed additives. The group generates the majority of its revenue from the Animal health products division.

SCC Holdings Bhd Headlines

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