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Ju Teng International Holdings (HKSE:03336) Cash Conversion Cycle : 176.10 (As of Dec. 2023)


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What is Ju Teng International Holdings Cash Conversion Cycle?

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

Ju Teng International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 131.46.
Ju Teng International Holdings's Days Inventory for the six months ended in Dec. 2023 was 94.78.
Ju Teng International Holdings's Days Payable for the six months ended in Dec. 2023 was 50.14.
Therefore, Ju Teng International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 176.10.


Ju Teng International Holdings Cash Conversion Cycle Historical Data

The historical data trend for Ju Teng International 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.

Ju Teng International Holdings Cash Conversion Cycle Chart

Ju Teng International 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 156.62 161.16 173.33 210.76 186.44

Ju Teng International 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 158.59 212.28 229.77 190.63 176.10

Competitive Comparison of Ju Teng International Holdings's Cash Conversion Cycle

For the Computer Hardware subindustry, Ju Teng International 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.


Ju Teng International Holdings's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ju Teng International Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ju Teng International Holdings's Cash Conversion Cycle falls into.



Ju Teng International 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.

Ju Teng International 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
=129.12+105.96-48.64
=186.44

Ju Teng International 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
=131.46+94.78-50.14
=176.10

* 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.


Ju Teng International Holdings  (HKSE:03336) 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.


Ju Teng International Holdings Cash Conversion Cycle Related Terms

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Ju Teng International Holdings (HKSE:03336) Business Description

Traded in Other Exchanges
Address
1 Connaught Place, Suites 3311-3312, Jardine House, Central, Hong Kong, HKG
Ju Teng International Holdings Ltd is a Hong Kong-based manufacturer of computer, communication, and consumer electronics. Its main product line consists of casings for notebooks, televisions, and mobile products. The firm offers structural design, surface treatment, mold design, and volume manufacturing services. Its technological capabilities include plastic injection, high-strength metal stamping, and surface coating technologies. Geographically, it derives the majority of its revenue from the PRC.
Executives
Cheng Li-yen 2501 Other
Bank Of Communications Trustee Limited 2301 Trustee
Cheng Li-yu
Lin Mei-li
East Asia International Trustees Limited
Shine Century Assets Corp.
Nan Ya Guan Li You Xian Gong Si

Ju Teng International Holdings (HKSE:03336) Headlines

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