Hwange Colliery Co (XZIM:HCCL.ZW) Cash Conversion Cycle: 27.86 (As of Dec. 2022)

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What is Hwange Colliery Co Cash Conversion Cycle?

Hwange Colliery Co XZIM:HCCL.ZW Cash Conversion Cycle is 27.86 as of Dec. 2022.

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

Hwange Colliery Co's Days Sales Outstanding for the six months ended in Dec. 2022 was 13.9.
Hwange Colliery Co's Days Inventory for the six months ended in Dec. 2022 was 30.62.
Hwange Colliery Co's Days Payable for the six months ended in Dec. 2022 was 16.66.
Therefore, Hwange Colliery Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was 27.86.


Hwange Colliery Co  (XZIM:HCCL.ZW) 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.


Hwange Colliery Co Cash Conversion Cycle Related Terms


Hwange Colliery Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Hwange Colliery Co'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.

Hwange Colliery Co Cash Conversion Cycle Chart

Hwange Colliery Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial 9,223.01 68.23 46.51 12.46 41.28

Hwange Colliery Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 27.00 16.98 5.34 17.33 27.86

Hwange Colliery Co Cash Conversion Cycle Competitor Comparison

For the Thermal Coal subindustry, Hwange Colliery Co'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.


Hwange Colliery Co Cash Conversion Cycle vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hwange Colliery Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hwange Colliery Co's Cash Conversion Cycle falls into.



Hwange Colliery Co 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.

Hwange Colliery Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=19.5+40.49-18.71
=41.28

Hwange Colliery Co'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
=13.9+30.62-16.66
=27.86

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 27.86 mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a Cash Conversion Cycle of 27.86 as of Dec. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hwange Colliery Co and its competitors.
Is Hwange Colliery Co's Cash Conversion Cycle too high?
Hwange Colliery Co's current Cash Conversion Cycle is 27.86. The Other Energy Sources industry median Cash Conversion Cycle is 12.48. Hwange Colliery Co's value of 27.86 is 123.2% above this industry median.
How does Hwange Colliery Co's Cash Conversion Cycle compare to competitors?
Hwange Colliery Co's Cash Conversion Cycle of 27.86 can be compared against companies in the Other Energy Sources industry. The industry median Cash Conversion Cycle is 12.48. Hwange Colliery Co's value of 27.86 is 123.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Other Energy Sources company?
The median Cash Conversion Cycle among Other Energy Sources companies is 12.48, based on 131 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hwange Colliery Co's current Cash Conversion Cycle of 27.86 is 123.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hwange Colliery Co and its competitors. For the Other Energy Sources industry, the median Cash Conversion Cycle is 12.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwange Colliery Co's current Cash Conversion Cycle is 27.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current Cash Conversion Cycle of 27.86. The current Cash Conversion Cycle is 27.86 and 123.2% above the Other Energy Sources industry median of 12.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Hwange Colliery Co (XZIM:HCCL.ZW), the current Cash Conversion Cycle is 27.86 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.