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Zhulian Bhd (Zhulian Bhd) Cash Conversion Cycle : 67.72 (As of Feb. 2024)


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What is Zhulian Bhd Cash Conversion Cycle?

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

Zhulian Bhd's Days Sales Outstanding for the three months ended in Feb. 2024 was 67.72.
Zhulian Bhd's Days Inventory for the three months ended in Feb. 2024 was .
Zhulian Bhd's Days Payable for the three months ended in Feb. 2024 was .
Therefore, Zhulian Bhd's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2024 was 67.72.


Zhulian Bhd Cash Conversion Cycle Historical Data

The historical data trend for Zhulian 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.

Zhulian Bhd Cash Conversion Cycle Chart

Zhulian Bhd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.10 249.03 268.55 256.21 247.22

Zhulian Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 63.65 69.93 66.46 72.17 67.72

Competitive Comparison of Zhulian Bhd's Cash Conversion Cycle

For the Luxury Goods subindustry, Zhulian 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.


Zhulian Bhd's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhulian Bhd's Cash Conversion Cycle distribution charts can be found below:

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



Zhulian 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.

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

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.89+222.69-32.36
=247.22

Zhulian Bhd's Cash Conversion Cycle for the quarter that ended in Feb. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=67.72+-
=67.72

* 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.


Zhulian Bhd  (OTCPK:ZHULF) 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.


Zhulian Bhd Cash Conversion Cycle Related Terms

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Zhulian Bhd (Zhulian Bhd) Business Description

Traded in Other Exchanges
Address
Plot 42, Bayan Lepas Industrial Estate, Phase IV, Bayan Lepas, PNG, MYS, 11900
Zhulian Corp Bhd is an investment holding company engaged in Multi-Level Marketing, with diversified interests in the manufacturing and trading of costume and fine jewelry, consumer products, and printing. In addition, the company manufactures other products such as food and beverage products, nutritional health supplements, home technology products, and others. The group's operating segment is the manufacture and sale of costume jewelry and consumer products on a direct sales basis. The company has a presence in Malaysia, Thailand, Myanmar, and Indonesia and it generates a majority of its revenue from Thailand.

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