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Orient Victory Smart Urban Services Holding (HKSE:00265) Cash Conversion Cycle : 91.75 (As of Dec. 2023)


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What is Orient Victory Smart Urban Services Holding Cash Conversion Cycle?

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

Orient Victory Smart Urban Services Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 115.45.
Orient Victory Smart Urban Services Holding's Days Inventory for the six months ended in Dec. 2023 was 20.58.
Orient Victory Smart Urban Services Holding's Days Payable for the six months ended in Dec. 2023 was 44.28.
Therefore, Orient Victory Smart Urban Services Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 91.75.


Orient Victory Smart Urban Services Holding Cash Conversion Cycle Historical Data

The historical data trend for Orient Victory Smart Urban Services Holding'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.

Orient Victory Smart Urban Services Holding Cash Conversion Cycle Chart

Orient Victory Smart Urban Services Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.39 535.20 414.34 25.81 51.41

Orient Victory Smart Urban Services Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 370.26 36.71 36.43 66.75 91.75

Competitive Comparison of Orient Victory Smart Urban Services Holding's Cash Conversion Cycle

For the Travel Services subindustry, Orient Victory Smart Urban Services Holding'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.


Orient Victory Smart Urban Services Holding's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Orient Victory Smart Urban Services Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Orient Victory Smart Urban Services Holding's Cash Conversion Cycle falls into.



Orient Victory Smart Urban Services Holding 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.

Orient Victory Smart Urban Services Holding'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
=83.17+21.9-53.66
=51.41

Orient Victory Smart Urban Services Holding'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
=115.45+20.58-44.28
=91.75

* 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.


Orient Victory Smart Urban Services Holding  (HKSE:00265) 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.


Orient Victory Smart Urban Services Holding Cash Conversion Cycle Related Terms

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Orient Victory Smart Urban Services Holding (HKSE:00265) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, 1201B, 12th Floor, Admiralty, Hong Kong, HKG
Orient Victory Smart Urban Services Holding Ltd Formerly Orient Victory Travel Group Co Ltd is an investment holding company. The company operates in three reportable segments that are The diversified tourism products and services segment, which includes the sale of air tickets and other tourism products, provision of travel-related and other services, The integrated development segment, which includes the development and operation of tourism and cultural attractions, sales of products and other services and The property management segment, which involves the provision of property management and leasing services for residential and commercial properties and The environmental hygiene segment which involves the provision of environmental hygiene services for urban and rural areas in the PRC.
Executives
China Huarong International Holdings Ltd 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shi Baodong 2201 Interest of corporation controlled by you
Orient Victory Real Estate Group Holdings Limited 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares

Orient Victory Smart Urban Services Holding (HKSE:00265) Headlines

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