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Microalliance Group (Microalliance Group) Cash Conversion Cycle : 987.65 (As of Sep. 2022)


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What is Microalliance Group Cash Conversion Cycle?

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

Microalliance Group's Days Sales Outstanding for the three months ended in Sep. 2022 was 31.16.
Microalliance Group's Days Inventory for the three months ended in Sep. 2022 was 957.87.
Microalliance Group's Days Payable for the three months ended in Sep. 2022 was 1.38.
Therefore, Microalliance Group's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 987.65.


Microalliance Group Cash Conversion Cycle Historical Data

The historical data trend for Microalliance Group'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.

Microalliance Group Cash Conversion Cycle Chart

Microalliance Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial - - -5.97 -134.80 275.74

Microalliance Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 173.71 538.93 848.27 1,306.62 987.65

Competitive Comparison of Microalliance Group's Cash Conversion Cycle

For the Packaged Foods subindustry, Microalliance Group'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.


Microalliance Group's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Microalliance Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Microalliance Group's Cash Conversion Cycle falls into.



Microalliance Group 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.

Microalliance Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=29.4+249.21-2.87
=275.74

Microalliance Group's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=31.16+957.87-1.38
=987.65

* 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.


Microalliance Group  (OTCPK:MALG) 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.


Microalliance Group Cash Conversion Cycle Related Terms

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Microalliance Group (Microalliance Group) Business Description

Traded in Other Exchanges
N/A
Address
Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000
Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

Microalliance Group (Microalliance Group) Headlines

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