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Photozou Holdings (Photozou Holdings) Cash Conversion Cycle : 212.82 (As of Feb. 2024)


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What is Photozou Holdings Cash Conversion Cycle?

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

Photozou Holdings's Days Sales Outstanding for the three months ended in Feb. 2024 was 25.9.
Photozou Holdings's Days Inventory for the three months ended in Feb. 2024 was 186.92.
Photozou Holdings's Days Payable for the three months ended in Feb. 2024 was 0.
Therefore, Photozou Holdings's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2024 was 212.82.


Photozou Holdings Cash Conversion Cycle Historical Data

The historical data trend for Photozou 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.

Photozou Holdings Cash Conversion Cycle Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 68.25 136.12 186.81 218.66 325.45

Photozou Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 262.61 261.33 334.59 236.37 212.82

Competitive Comparison of Photozou Holdings's Cash Conversion Cycle

For the Specialty Retail subindustry, Photozou 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.


Photozou Holdings's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Photozou Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Photozou 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.

Photozou Holdings's Cash Conversion Cycle for the fiscal year that ended in Nov. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=32.06+293.39-0
=325.45

Photozou Holdings's Cash Conversion Cycle for the quarter that ended in Feb. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=25.9+186.92-0
=212.82

* 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.


Photozou Holdings  (OTCPK:PTZH) 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.


Photozou Holdings Cash Conversion Cycle Related Terms

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Photozou Holdings (Photozou Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yotsuya Shinjuku-ku, 4-30-4th Floor, Tokyo, JPN, 160-0004
Photozou Holdings Inc is focused on online advertising and the sale of used cameras. The firm engages in offering used cameras, which include mainly high-class digital single-lens reflex cameras. In addition, it provides two types of advertising services that include managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue gets derived from the sale of used cameras.
Executives
Photozou Co., Ltd. 10 percent owner 4-30-4F, YOTSUYA, SHINJUKU-KU, TOKYO M0 164-0004
Koichi Ishizuka director, 10 percent owner, officer: Chief Executive Officer 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011