Beisen Holding (HKSE:09669) Cash Conversion Cycle : 5.48 (As of Sep. 2023)

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What is Beisen Holding Cash Conversion Cycle?

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

Beisen Holding's Days Sales Outstanding for the six months ended in Sep. 2023 was 13.
Beisen Holding's Days Inventory for the six months ended in Sep. 2023 was 0.
Beisen Holding's Days Payable for the six months ended in Sep. 2023 was 7.52.
Therefore, Beisen Holding's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 5.48.

Beisen Holding Cash Conversion Cycle Historical Data

The historical data trend for Beisen 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.

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Beisen Holding Cash Conversion Cycle Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash Conversion Cycle

6.11

5.00

4.57

5.60

4.87

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash Conversion Cycle	Get a 7-Day Free Trial			6.00	5.50	4.86	2.55	5.48

Competitive Comparison of Beisen Holding's Cash Conversion Cycle

For the Software - Application subindustry, Beisen 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.

Beisen Holding's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Beisen Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Beisen Holding's Cash Conversion Cycle falls into.

Beisen 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.

Beisen Holding'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
	=	11.32	+	0	-	6.45
	=	4.87

Beisen Holding'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
	=	13	+	0	-	7.52
	=	5.48

Beisen Holding (HKSE:09669) 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.

Beisen Holding Cash Conversion Cycle Related Terms

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Beisen Holding (HKSE:09669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

Executives

Zuo Lingye	2201 Interest of corporation controlled by you
Hangzhou Jingwei Tengchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Jingwei Chuangda (hangzhou) Venture Capital Investment L.p.	2101 Beneficial owner
Shanghai Jingwei Equity Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Shanghai Changchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Chuangji Investment Center L.p.	2101 Beneficial owner
Shanghai Jingsheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Tsing Young Holding Limited	2201 Interest of corporation controlled by you
Hong Jing	2201 Interest of corporation controlled by you
Wang Zhaohui	2201 Interest of corporation controlled by you
Ji Weiguo	2101 Beneficial owner
Chuang Xin Zi Ben Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Shenzhen Capital Group Co., Ltd.	2201 Interest of corporation controlled by you
Scgc Capital Holding Company Limited	2201 Interest of corporation controlled by you
Tianjin Hongshan Juye Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you

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