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Brainhole Technology (HKSE:02203) Cash Conversion Cycle : 98.41 (As of Dec. 2023)


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What is Brainhole Technology Cash Conversion Cycle?

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

Brainhole Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 148.95.
Brainhole Technology's Days Inventory for the six months ended in Dec. 2023 was 73.86.
Brainhole Technology's Days Payable for the six months ended in Dec. 2023 was 124.4.
Therefore, Brainhole Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 98.41.


Brainhole Technology Cash Conversion Cycle Historical Data

The historical data trend for Brainhole Technology'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.

Brainhole Technology Cash Conversion Cycle Chart

Brainhole Technology 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 69.66 92.66 76.99 86.00 86.94

Brainhole Technology Semi-Annual Data
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 64.21 75.63 123.32 79.23 98.41

Competitive Comparison of Brainhole Technology's Cash Conversion Cycle

For the Semiconductors subindustry, Brainhole Technology'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.


Brainhole Technology's Cash Conversion Cycle Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Brainhole Technology's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Brainhole Technology's Cash Conversion Cycle falls into.



Brainhole Technology 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.

Brainhole Technology'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
=118.29+69.8-101.15
=86.94

Brainhole Technology'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
=148.95+73.86-124.4
=98.41

* 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.


Brainhole Technology  (HKSE:02203) 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.


Brainhole Technology Cash Conversion Cycle Related Terms

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


Brainhole Technology (HKSE:02203) Business Description

Traded in Other Exchanges
N/A
Address
979 King’s Road, One Taikoo Place, Suites 1801-03, 18th Floor, Quarry Bay, Hong Kong, HKG
Brainhole Technology Ltd is an investment holding company. The reportable segments of the company are as follows, 1) Manufacturing segment engages in selling electronic goods and electrical parts and components manufactured by the Group. 2) Trading segment engages in trading of electronic goods and electrical parts and components sourced from third-party suppliers. 3) Broadband infrastructure and smart domain segment engages in the provision of broadband infrastructure construction services, promotion of broadband services, smart domain solution services and operating leases for broadband infrastructure. 4) Strategic investments segment engages in trading of digital assets and listed equity securities.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Galaxy International Securities (hong Kong) Co., Limited 2106 Person having a security interest in shares
China Galaxy Financial Holdings Company Limited 2201 Interest of corporation controlled by you
China Galaxy International Financial Holdings Limited 2201 Interest of corporation controlled by you
China Galaxy Securities Co., Ltd. 2201 Interest of corporation controlled by you
Yoho Bravo Limited 2101 Beneficial owner
Zhang Liang, Johnson 2201 Interest of corporation controlled by you

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