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Kumpulan Jetson Bhd (XKLS:9083) Cash Conversion Cycle : 92.99 (As of Sep. 2024)


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What is Kumpulan Jetson Bhd Cash Conversion Cycle?

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

Kumpulan Jetson Bhd's Days Sales Outstanding for the three months ended in Sep. 2024 was 53.98.
Kumpulan Jetson Bhd's Days Inventory for the three months ended in Sep. 2024 was 89.99.
Kumpulan Jetson Bhd's Days Payable for the three months ended in Sep. 2024 was 50.98.
Therefore, Kumpulan Jetson Bhd's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 92.99.


Kumpulan Jetson Bhd Cash Conversion Cycle Historical Data

The historical data trend for Kumpulan Jetson 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.

Kumpulan Jetson Bhd Cash Conversion Cycle Chart

Kumpulan Jetson Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.34 98.73 131.17 159.55 94.35

Kumpulan Jetson Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
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 80.77 104.94 88.18 87.14 92.99

Competitive Comparison of Kumpulan Jetson Bhd's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Kumpulan Jetson 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.


Kumpulan Jetson Bhd's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kumpulan Jetson Bhd's Cash Conversion Cycle distribution charts can be found below:

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



Kumpulan Jetson 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.

Kumpulan Jetson Bhd's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=120.25+87.42-113.32
=94.35

Kumpulan Jetson Bhd's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=53.98+89.99-50.98
=92.99

* 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.


Kumpulan Jetson Bhd  (XKLS:9083) 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.


Kumpulan Jetson Bhd Cash Conversion Cycle Related Terms

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Kumpulan Jetson Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 189, Jalan Tun Razak, 11th Floor, Menara Tokio Marine Life, Kuala Lumpur, SGR, MYS, 50400
Kumpulan Jetson Bhd is an investment holding company. Its business segments are Construction and property development, Hostel management; and Manufacturing. The Construction and property development segment designs and builds turnkey contractors for civil construction works, general building works, interior works, renovation and restoration work, exhibition works, and memorial, museum, and gallery works. Its Hostel management segment provides hostel management service whereas; the Manufacturing segment includes the manufacturing and trading of rubber products, moulds and tools, adhesives, sealants, and silicone products. It derives key revenue from the Manufacturing segment. Geographically, the company derives a majority of its revenue from Malaysia.

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