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FLJ Group (FLJ Group) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


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What is FLJ Group Cash Conversion Cycle?

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

FLJ Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.
FLJ Group's Days Inventory for the six months ended in Sep. 2023 was 0.
FLJ Group's Days Payable for the six months ended in Sep. 2023 was 0.
Therefore, FLJ Group's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 0.00.


FLJ Group Cash Conversion Cycle Historical Data

The historical data trend for FLJ Group'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.

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FLJ Group Cash Conversion Cycle Chart

FLJ Group Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial -97.82 -83.42 - -2,166.33 -

FLJ Group Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -152.99 - -130.30 -

Competitive Comparison of FLJ Group's Cash Conversion Cycle

For the Real Estate Services subindustry, FLJ Group'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.


FLJ Group's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FLJ Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where FLJ Group's Cash Conversion Cycle falls into.



FLJ Group 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.

FLJ Group's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

FLJ Group's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


FLJ Group  (NAS:FLJ) 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.


FLJ Group Cash Conversion Cycle Related Terms

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FLJ Group (FLJ Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Gongping Road, 2nd Floor, Building 5, Hongkou District, Shanghai, CHN, 200082
FLJ Group Ltd is engaged in providing an apartment rental platform in China. The company leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. It cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.

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