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Envision Greenwise Holdings (HKSE:01783) Cash Conversion Cycle : -54.07 (As of Sep. 2023)


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What is Envision Greenwise Holdings Cash Conversion Cycle?

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

Envision Greenwise Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 25.08.
Envision Greenwise Holdings's Days Inventory for the six months ended in Sep. 2023 was 0.09.
Envision Greenwise Holdings's Days Payable for the six months ended in Sep. 2023 was 79.24.
Therefore, Envision Greenwise Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was -54.07.


Envision Greenwise Holdings Cash Conversion Cycle Historical Data

The historical data trend for Envision Greenwise 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.

Envision Greenwise Holdings Cash Conversion Cycle Chart

Envision Greenwise Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial -0.99 -53.73 -72.64 -53.41 -76.71

Envision Greenwise Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -51.42 -51.41 -74.85 -82.61 -54.07

Competitive Comparison of Envision Greenwise Holdings's Cash Conversion Cycle

For the Engineering & Construction subindustry, Envision Greenwise 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.


Envision Greenwise Holdings's Cash Conversion Cycle Distribution in the Construction Industry

For the Construction industry and Industrials sector, Envision Greenwise Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Envision Greenwise Holdings's Cash Conversion Cycle falls into.



Envision Greenwise 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.

Envision Greenwise Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=39.55+0.13-116.39
=-76.71

Envision Greenwise Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=25.08+0.09-79.24
=-54.07

* 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.


Envision Greenwise Holdings  (HKSE:01783) 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.


Envision Greenwise Holdings Cash Conversion Cycle Related Terms

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Envision Greenwise Holdings (HKSE:01783) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2901 & 09-10, 29 floor, China Resources Building, Wanchai, HKG
Envision Greenwise Holdings Ltd Formerly Golden Ponder Holdings Ltd is an investment holding company. Along with its subsidiaries, the company provides superstructure building and RMAA works services and works as a main contractor in Hong Kong. Its superstructure building works refer to building works in relation to the parts of the structure above the ground level and the scope of superstructure building works contracts consists of development projects for residential and commercial buildings. While its RMAA works refer to the repair, maintenance, and additional work for an existing structure. Geographically, the group derives revenue from Hong Kong. Its key revenue source is from the superstructure building works.
Executives
Kwok Chun Sing 2201 Interest of corporation controlled by you
Chun Yip International Investment Limited 2101 Beneficial owner
Li Man Keung Edwin 2101 Beneficial owner
Ng Chun Keung 2101 Beneficial owner
Shiny Golden Limited 2101 Beneficial owner
Chan Kam Ming 2201 Interest of corporation controlled by you
Chan Kam Tong 2201 Interest of corporation controlled by you
Ng Wing Mui 2202 Interest of your spouse
Shu Ah Ping 2202 Interest of your spouse

Envision Greenwise Holdings (HKSE:01783) Headlines

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