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Rhong Khen International Bhd (XKLS:7006) Cash Conversion Cycle : 72.27 (As of Dec. 2024)


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What is Rhong Khen International Bhd Cash Conversion Cycle?

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

Rhong Khen International Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 27.34.
Rhong Khen International Bhd's Days Inventory for the three months ended in Dec. 2024 was 92.94.
Rhong Khen International Bhd's Days Payable for the three months ended in Dec. 2024 was 48.01.
Therefore, Rhong Khen International Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 72.27.


Rhong Khen International Bhd Cash Conversion Cycle Historical Data

The historical data trend for Rhong Khen International 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.

Rhong Khen International Bhd Cash Conversion Cycle Chart

Rhong Khen International Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.81 85.05 108.90 113.74 106.52

Rhong Khen International 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 75.89 96.32 94.20 87.03 72.27

Competitive Comparison of Rhong Khen International Bhd's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, Rhong Khen International 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.


Rhong Khen International Bhd's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rhong Khen International Bhd's Cash Conversion Cycle distribution charts can be found below:

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


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Rhong Khen International 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.

Rhong Khen International 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
=20.39+115.98-29.85
=106.52

Rhong Khen International 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
=27.34+92.94-48.01
=72.27

* 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.


Rhong Khen International Bhd  (XKLS:7006) 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.


Rhong Khen International Bhd Cash Conversion Cycle Related Terms

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Rhong Khen International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Batu 7¾ Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200
Rhong Khen International Bhd predominantly manufactures and distributes polyester boards, decorative wood panels, dining furniture, bedroom sets, and impregnated paper for domestic and export markets. It has three segments Manufacturing, Rental of investment properties and Investment holding. Majority of the revenue for the company is generated from its manufacturing segment. It geographically operates in United States, Southeast Asia, Australia, Canada, and Others. The company derives maximum revenue from the United States.

Rhong Khen International Bhd Headlines

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