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Meridian Bhd (XKLS:5040) Cash Conversion Cycle : 4,412.73 (As of Feb. 2025)


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What is Meridian Bhd Cash Conversion Cycle?

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

Meridian Bhd's Days Sales Outstanding for the three months ended in Feb. 2025 was 216.92.
Meridian Bhd's Days Inventory for the three months ended in Feb. 2025 was 8317.69.
Meridian Bhd's Days Payable for the three months ended in Feb. 2025 was 4121.88.
Therefore, Meridian Bhd's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2025 was 4,412.73.


Meridian Bhd Cash Conversion Cycle Historical Data

The historical data trend for Meridian 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.

Meridian Bhd Cash Conversion Cycle Chart

Meridian Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22 Nov24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,053.14 - 306.42 341.62 865.07

Meridian Bhd Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Feb24 May24 Aug24 Nov24 Feb25
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 4,400.96 2,153.52 2,273.28 3,481.25 4,412.73

Competitive Comparison of Meridian Bhd's Cash Conversion Cycle

For the Real Estate - Development subindustry, Meridian 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.


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

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

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


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Meridian 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.

Meridian Bhd's Cash Conversion Cycle for the fiscal year that ended in Nov. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=61.4+1347.16-543.49
=865.07

Meridian Bhd's Cash Conversion Cycle for the quarter that ended in Feb. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=216.92+8317.69-4121.88
=4,412.73

* 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.


Meridian Bhd  (XKLS:5040) 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.


Meridian Bhd Cash Conversion Cycle Related Terms

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Meridian Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang, Suite 20.08 - 20.09, Plaza 138, Kuala Lumpur, SGR, MYS, 50450
Meridian Bhd is an investment holding company. The company's operating segment includes Property Development, Construction, Property Investment, and others. The company generates maximum revenue from the Property Development segment. The Property Development segment of the company is engaged in the development of residential and commercial properties and agricultural lots.

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