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HANJIN KAL (XKRX:180640) Cash Conversion Cycle : 82.53 (As of Mar. 2024)


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What is HANJIN KAL Cash Conversion Cycle?

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

HANJIN KAL's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.58.
HANJIN KAL's Days Inventory for the three months ended in Mar. 2024 was 8.54.
HANJIN KAL's Days Payable for the three months ended in Mar. 2024 was 13.59.
Therefore, HANJIN KAL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 82.53.


HANJIN KAL Cash Conversion Cycle Historical Data

The historical data trend for HANJIN KAL'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.

HANJIN KAL Cash Conversion Cycle Chart

HANJIN KAL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.63 28.53 32.44 31.38 31.37

HANJIN KAL Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only 78.87 77.90 32.55 37.46 82.53

Competitive Comparison of HANJIN KAL's Cash Conversion Cycle

For the Integrated Freight & Logistics subindustry, HANJIN KAL'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.


HANJIN KAL's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, HANJIN KAL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where HANJIN KAL's Cash Conversion Cycle falls into.



HANJIN KAL 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.

HANJIN KAL'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
=34.06+9.81-12.5
=31.37

HANJIN KAL'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
=87.58+8.54-13.59
=82.53

* 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.


HANJIN KAL  (XKRX:180640) 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.


HANJIN KAL Cash Conversion Cycle Related Terms

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HANJIN KAL (XKRX:180640) Business Description

Traded in Other Exchanges
Address
Namdaemun-ro, Hanjin New Building 63, 20th Floor Gangseo-gu, Jung-gu, Seoul, KOR
HANJIN KAL Corp is a Korean-based an integrated shipping and logistics company. It provides differentiated service of logistics which includes third party logistics, global express, shipping, contract logistics, forwarding, stevedoring, moving, packing, warehousing, packaging and moving, heavy cargo transportation, small package delivery, among others. Business operations of the company are functioned through Austria, Czech, Russia, China, Japan, Korea, U.S.A., Cambodia, Indonesia, Myanmar, Vietnam, Hong Kong, and Uzbekistan.

HANJIN KAL (XKRX:180640) Headlines

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