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Anzo Holdings Bhd (XKLS:9342) Cash Conversion Cycle : 2,880.75 (As of Dec. 2022)


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What is Anzo Holdings Bhd Cash Conversion Cycle?

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

Anzo Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2022 was 3064.84.
Anzo Holdings Bhd's Days Inventory for the three months ended in Dec. 2022 was 0.
Anzo Holdings Bhd's Days Payable for the three months ended in Dec. 2022 was 184.09.
Therefore, Anzo Holdings Bhd's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 2,880.75.


Anzo Holdings Bhd Cash Conversion Cycle Historical Data

The historical data trend for Anzo Holdings 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.

Anzo Holdings Bhd Cash Conversion Cycle Chart

Anzo Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Jul19 Sep21 Sep22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.81 64.93 853.73 408.94 634.37

Anzo Holdings Bhd Quarterly Data
Jun17 Sep17 Dec17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 286.09 581.52 1,302.27 3,831.85 2,880.75

Competitive Comparison of Anzo Holdings Bhd's Cash Conversion Cycle

For the Engineering & Construction subindustry, Anzo Holdings 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.


Anzo Holdings Bhd's Cash Conversion Cycle Distribution in the Construction Industry

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

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



Anzo Holdings 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.

Anzo Holdings Bhd's Cash Conversion Cycle for the fiscal year that ended in Sep. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=676.55+0-42.18
=634.37

Anzo Holdings Bhd's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3064.84+0-184.09
=2,880.75

* 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.


Anzo Holdings Bhd  (XKLS:9342) 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.


Anzo Holdings Bhd Cash Conversion Cycle Related Terms

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Anzo Holdings Bhd (XKLS:9342) Business Description

Traded in Other Exchanges
N/A
Address
Lot 450, Jalan Papan, Pandamaran Industrial Area, Port Klang, SGR, MYS, 42000
Anzo Holdings Bhd is an investment holding company. The company has four segments that drive the operations, Construction & property development, Timber Services, Trading, and Investment holding & others. Trading segment includes trading of metal scraps and construction materials, Construction and property includes development Contractors in construction and interior design fit up works and related maintenance services, development of residential and commercial properties, Timber services include Kiln drying, provision of timber trading and related services, Investment holding and others segment includes Investments in shares and securities and the provision of marketing and management service.

Anzo Holdings Bhd (XKLS:9342) Headlines

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