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Global Oriental Bhd (XKLS:1147) Cash Conversion Cycle : 161.65 (As of Dec. 2024)


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What is Global Oriental Bhd Cash Conversion Cycle?

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

Global Oriental Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 70.29.
Global Oriental Bhd's Days Inventory for the three months ended in Dec. 2024 was 415.87.
Global Oriental Bhd's Days Payable for the three months ended in Dec. 2024 was 324.51.
Therefore, Global Oriental Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 161.65.


Global Oriental Bhd Cash Conversion Cycle Historical Data

The historical data trend for Global Oriental 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.

Global Oriental Bhd Cash Conversion Cycle Chart

Global Oriental Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 513.64 233.72 143.58 90.74 123.86

Global Oriental 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 302.11 161.88 258.22 150.79 161.65

Competitive Comparison of Global Oriental Bhd's Cash Conversion Cycle

For the Real Estate - Development subindustry, Global Oriental 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.


Global Oriental Bhd's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Global Oriental Bhd's Cash Conversion Cycle distribution charts can be found below:

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


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Global Oriental 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.

Global Oriental Bhd'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
=102.03+309.51-287.68
=123.86

Global Oriental 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
=70.29+415.87-324.51
=161.65

* 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.


Global Oriental Bhd  (XKLS:1147) 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.


Global Oriental Bhd Cash Conversion Cycle Related Terms

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Global Oriental Bhd Business Description

Traded in Other Exchanges
N/A
Address
Persiaran Equine Perdana, Taman Equine, G1-08, Galleria 2, Seri Kembangan, SGR, MYS, 43300
Global Oriental Bhd is an investment holding company. It is engaged in property development. Its township developments comprising mixed residential and commercial properties are located mainly in Klang Valley. Its operating segments are Property development, Carpark operations, Trading and distribution, Investment holding, and Others. It generates the majority of its revenue from Property development which provides the Development of residential and commercial properties and other similar construction activities development. It group currently operates in Malaysia only.

Global Oriental Bhd Headlines

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