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J&T Global Express (FRA:J92) Cash Conversion Cycle : 4.60 (As of Dec. 2023)


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What is J&T Global Express Cash Conversion Cycle?

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

J&T Global Express's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.39.
J&T Global Express's Days Inventory for the six months ended in Dec. 2023 was 1.14.
J&T Global Express's Days Payable for the six months ended in Dec. 2023 was 18.93.
Therefore, J&T Global Express's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 4.60.


J&T Global Express Cash Conversion Cycle Historical Data

The historical data trend for J&T Global Express'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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J&T Global Express Cash Conversion Cycle Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
0.41 -6.20 -2.66 2.76

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial - -10.15 3.86 4.24 4.60

Competitive Comparison of J&T Global Express's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.


J&T Global Express's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Cash Conversion Cycle falls into.



J&T Global Express 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.

J&T Global Express's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=22.38+1.41-21.03
=2.76

J&T Global Express's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=22.39+1.14-18.93
=4.60

* 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.


J&T Global Express  (FRA:J92) 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.


J&T Global Express Cash Conversion Cycle Related Terms

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J&T Global Express (FRA:J92) Business Description

Traded in Other Exchanges
Address
1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN
J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

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