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Sailvan Times Co (SZSE:301381) Cash Conversion Cycle : 53.92 (As of Mar. 2024)


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What is Sailvan Times Co Cash Conversion Cycle?

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

Sailvan Times Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.36.
Sailvan Times Co's Days Inventory for the three months ended in Mar. 2024 was 79.53.
Sailvan Times Co's Days Payable for the three months ended in Mar. 2024 was 36.97.
Therefore, Sailvan Times Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 53.92.


Sailvan Times Co Cash Conversion Cycle Historical Data

The historical data trend for Sailvan Times 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.

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Sailvan Times Co Cash Conversion Cycle Chart

Sailvan Times Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 100.33 81.73 108.63 88.56 56.84

Sailvan Times Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.16 176.77 87.09 26.54 53.92

Competitive Comparison of Sailvan Times Co's Cash Conversion Cycle

For the Internet Retail subindustry, Sailvan Times 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.


Sailvan Times Co's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Sailvan Times Co's Cash Conversion Cycle falls into.



Sailvan Times 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.

Sailvan Times 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
=13.49+72.25-28.9
=56.84

Sailvan Times Co's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=11.36+79.53-36.97
=53.92

* 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.


Sailvan Times Co  (SZSE:301381) 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.


Sailvan Times Co Cash Conversion Cycle Related Terms

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Sailvan Times Co (SZSE:301381) Business Description

Traded in Other Exchanges
N/A
Address
Nanwan Street, Room 1001, No. 6, Kangli City, Shanglilang Community, Longgang District, Guangdong, Shenzhen, CHN, 518112
Sailvan Times Co Ltd is a technology-driven export cross-border brand e-commerce. The company sells high-quality and individuality to global consumers through third-party e-commerce platforms such as Amazon, Walmart, eBay, Wish, and vertical category self-operated websites such as SHESHOW and Retro Stage. It offers modern lifestyle products, including clothing accessories, sports and entertainment, department stores and home furnishings and others. The company also provides logistics services to third parties based on its comprehensive cross-border warehousing and logistics system.

Sailvan Times Co (SZSE:301381) Headlines

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