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Hangzhou SF Intra-City Industrial Co (HKSE:09699) Cash Conversion Cycle : 13.66 (As of Dec. 2023)


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What is Hangzhou SF Intra-City Industrial Co Cash Conversion Cycle?

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

Hangzhou SF Intra-City Industrial Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.85.
Hangzhou SF Intra-City Industrial Co's Days Inventory for the six months ended in Dec. 2023 was 0.27.
Hangzhou SF Intra-City Industrial Co's Days Payable for the six months ended in Dec. 2023 was 18.46.
Therefore, Hangzhou SF Intra-City Industrial Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 13.66.


Hangzhou SF Intra-City Industrial Co Cash Conversion Cycle Historical Data

The historical data trend for Hangzhou SF Intra-City Industrial Co'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.

Hangzhou SF Intra-City Industrial Co Cash Conversion Cycle Chart

Hangzhou SF Intra-City Industrial Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 22.51 18.71 12.82 13.42 13.42

Hangzhou SF Intra-City Industrial Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 10.96 14.21 14.42 15.80 13.66

Competitive Comparison of Hangzhou SF Intra-City Industrial Co's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, Hangzhou SF Intra-City Industrial Co'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.


Hangzhou SF Intra-City Industrial Co's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hangzhou SF Intra-City Industrial Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hangzhou SF Intra-City Industrial Co's Cash Conversion Cycle falls into.



Hangzhou SF Intra-City Industrial Co 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.

Hangzhou SF Intra-City Industrial Co'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
=34.04+0.36-20.98
=13.42

Hangzhou SF Intra-City Industrial Co'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
=31.85+0.27-18.46
=13.66

* 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.


Hangzhou SF Intra-City Industrial Co  (HKSE:09699) 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.


Hangzhou SF Intra-City Industrial Co Cash Conversion Cycle Related Terms

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Hangzhou SF Intra-City Industrial Co (HKSE:09699) Business Description

Traded in Other Exchanges
N/A
Address
No. 3076 Xinghai Road, Floor 21-22, Shunfeng Headquarters Building, Nanshan District, Guangdong Province, Shenzhen, CHN
Hangzhou SF Intra-City Industrial Co Ltd is a third party instant distribution platform in China. It serves brand customers, small and medium sized merchants and individual users providing integrated real time logistics solutions for commercial distribution, daily pickup and delivery and others.
Executives
Ning Bo Shun Xiang Tong Cheng Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Sun Haijin 2201 Interest of corporation controlled by you
Boundless Plain Holdings Limited 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2501 Other
Shen Zhen Shun Feng Tai Sen Kong Gu Ji Tuan You Xian Gong Si 2501 Other
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2501 Other
Li Eric 2201 Interest of corporation controlled by you
Sf Holding Limited 2501 Other
Wang Wei 2501 Other
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Tsang Hoi Lam 2201 Interest of corporation controlled by you
Parallel Universes Asset Management Limited 2201 Interest of corporation controlled by you
Shining Star Fund, L.p. 2101 Beneficial owner

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Headlines

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