GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Green Giant Inc (OTCPK:GGEI) » Definitions » Cash Conversion Cycle

Green Giant (Green Giant) Cash Conversion Cycle : -8,839.85 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Green Giant Cash Conversion Cycle?

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.


Green Giant Cash Conversion Cycle Historical Data

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.

* Premium members only.

Green Giant Cash Conversion Cycle Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 46,119.56 14,942.01 15,039.24 3,619.91 -8,839.85

Competitive Comparison of Green Giant's Cash Conversion Cycle

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.


Green Giant's Cash Conversion Cycle Distribution in the Real Estate Industry

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.



Green Giant 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.

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.


Green Giant Cash Conversion Cycle Related Terms

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.


Green Giant (Green Giant) Business Description

Traded in Other Exchanges
N/A
Address
6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
Executives
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