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AWC Bhd (XKLS:7579) Cash Conversion Cycle : 67.71 (As of Dec. 2023)


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What is AWC Bhd Cash Conversion Cycle?

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

AWC Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 81.91.
AWC Bhd's Days Inventory for the three months ended in Dec. 2023 was 29.11.
AWC Bhd's Days Payable for the three months ended in Dec. 2023 was 43.31.
Therefore, AWC Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 67.71.


AWC Bhd Cash Conversion Cycle Historical Data

The historical data trend for AWC 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.

AWC Bhd Cash Conversion Cycle Chart

AWC Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.50 93.17 82.25 93.48 106.12

AWC Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 81.68 96.96 118.48 120.10 67.71

Competitive Comparison of AWC Bhd's Cash Conversion Cycle

For the Engineering & Construction subindustry, AWC 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.


AWC Bhd's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, AWC Bhd's Cash Conversion Cycle distribution charts can be found below:

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



AWC 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.

AWC Bhd's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=117.14+42.67-53.69
=106.12

AWC Bhd's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=81.91+29.11-43.31
=67.71

* 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.


AWC Bhd  (XKLS:7579) 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.


AWC Bhd Cash Conversion Cycle Related Terms

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AWC Bhd (XKLS:7579) Business Description

Traded in Other Exchanges
N/A
Address
Jalan USJ 9/5T, No.20-2, Subang Business Centre, UEP Subang Jaya, Subang Jaya, SGR, MYS, 47620
AWC Bhd is an investment holding company that provides total asset management services such as integrated facilities management and engineering services to building owners. The company has five divisions namely, Facilities division engages in the provision of integrated range of maintenance services for office, commercial, industrial, residential and administrative buildings; Engineering division comprises plumbing and air-conditioning; Environment division comprises of pneumatic technology used for waste collection and transports it via reticulated pipes, Investment holding division offers group-level corporate services, and Rail division provides railway infrastructure works. The Facilities division derives the majority of revenue.

AWC Bhd (XKLS:7579) Headlines

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