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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
Green Giant's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 0.
Green Giant's Days Inventory for the
three
months ended in Dec. 2023 was 5.91.
Green Giant's Days Payable for the
three
months ended in Dec. 2023 was 8845.76.
Therefore, Green Giant's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2023 was -8,839.85.
The historical data trend for Green Giant'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.
Green Giant Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial | 1,148.46 | -797.90 | -171.37 | -959.57 | -2,419.45 |
Green Giant Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cash Conversion Cycle | Get a 7-Day Free Trial | 46,119.56 | 14,942.01 | 15,039.24 | 3,619.91 | -8,839.85 |
For the Real Estate - Development subindustry, Green Giant'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.
For the Real Estate industry and Real Estate sector, Green Giant's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Green Giant's Cash Conversion Cycle falls into.
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.
Green Giant'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 | + | 1.62 | - | 2421.07 | |
= | -2,419.45 |
Green Giant'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 |
= | 0 | + | 5.91 | - | 8845.76 | |
= | -8,839.85 |
* 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.
Green Giant (OTCPK:GGEI) 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.
Thank you for viewing the detailed overview of Green Giant's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Goldenmountain Solution Inc. | 10 percent owner | 1100 ABERNATHY RD NE STE 325, ATLANTA GA 30328 |
Gordon H Silver | director | C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109 |
H. David Sherman | director | 38 HOMEWOOD ROAD, NEWTON MA 02468 |
Shenghuei Luo | director | 6 XINGHAN ROAD 19TH FL, HANZHONG CITY, SHAANXI PROVINCE F4 72300 |
Yuankai Wen | director | ROOM 907, TOWER A, HONGYUAN MANSION, NO. 4, JIU XIAN QIAO RD., BEIJING F4 100016 |
Xiaojun Zhu | director, 10 percent owner, officer: President and CEO | 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY, SHAANXI PROVINCE F4 723000 |
Carl M Berg | other: Former Officer, Director, 10% | 1059 EAST SKYLER DR, DRAPER UT 84020 |
John Leo | director, officer: Secretary | 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005 |
Zhengquan Wang | director, 10 percent owner, officer: CEO, CFO | 101 XINANYAO STREET, JINZHOU DISTRICT, DALIAN LIAONING PROV F4 116100 |
Mark Stewart | director | PO BOX 51150, IRVINE CA 92619 |
Kevin J Gadawski | director | 19 TERRAZA DEL MAR, DANA POINT CA 92629 |
Brian A Lebrecht | 10 percent owner | 610 NEWPORT CENTER DRIVE, SUITE 800, NEWPORT BEACH CA 92660 |
Gerald A Deciccio | director | 92 CORPORATE PARK, C-141, IRVINE CA 92606 |
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