GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kaisa Capital Investment Holdings Ltd (HKSE:00936) » Definitions » Cash Conversion Cycle

Kaisa Capital Investment Holdings (HKSE:00936) Cash Conversion Cycle : 390.50 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Kaisa Capital Investment Holdings Cash Conversion Cycle?

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

Kaisa Capital Investment Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 108.38.
Kaisa Capital Investment Holdings's Days Inventory for the six months ended in Dec. 2023 was 572.72.
Kaisa Capital Investment Holdings's Days Payable for the six months ended in Dec. 2023 was 290.6.
Therefore, Kaisa Capital Investment Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 390.50.


Kaisa Capital Investment Holdings Cash Conversion Cycle Historical Data

The historical data trend for Kaisa Capital Investment Holdings'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.

Kaisa Capital Investment Holdings Cash Conversion Cycle Chart

Kaisa Capital Investment Holdings 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 207.73 195.83 386.49 472.83 342.59

Kaisa Capital Investment Holdings 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 421.77 474.69 385.30 343.66 390.50

Competitive Comparison of Kaisa Capital Investment Holdings's Cash Conversion Cycle

For the Rental & Leasing Services subindustry, Kaisa Capital Investment Holdings'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.


Kaisa Capital Investment Holdings's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kaisa Capital Investment Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Kaisa Capital Investment Holdings's Cash Conversion Cycle falls into.



Kaisa Capital Investment Holdings 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.

Kaisa Capital Investment Holdings'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
=89.05+538.69-285.15
=342.59

Kaisa Capital Investment Holdings'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
=108.38+572.72-290.6
=390.50

* 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.


Kaisa Capital Investment Holdings  (HKSE:00936) 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.


Kaisa Capital Investment Holdings Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Kaisa Capital Investment Holdings's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaisa Capital Investment Holdings (HKSE:00936) Business Description

Traded in Other Exchanges
N/A
Address
Lee Garden One, 33 Hysan Avenue, Room 1901, 19 Floor, Causeway Bay, Hong Kong, HKG
Kaisa Capital Investment Holdings Ltd is engaged in property development, construction engineering, operation, management, and service activities in Hong Kong. The company is also involved in the leasing and sale of construction machinery, and spare parts, and the provision of ancillary engineering consultancy, repair, and maintenance services. The Company operates its business through two segments. The Construction Equipment Business segment is engaged in the trading of construction machinery and spare parts, leasing of the construction machinery under operating leases, and providing repair and maintenance services in respect of the construction machinery. The Property Development Business segment is involved in the property development business.
Executives
Chan Mo 2101 Beneficial owner
Kwok Hiu Yan 2201 Interest of corporation controlled by you
Excel Range Investments Limited 2401 A concert party to an agreement to buy shares
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you
Kwok Hiu Ting 2201 Interest of corporation controlled by you
Kwok Ho Lai 2201 Interest of corporation controlled by you
Mighty Empire Group Limited 2101 Beneficial owner
Zeng Li 2201 Interest of corporation controlled by you
He Xiao Yang 2101 Beneficial owner

Kaisa Capital Investment Holdings (HKSE:00936) Headlines

No Headlines