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JS Global Lifestyle Co (HKSE:01691) Cash Conversion Cycle : -80.67 (As of Dec. 2023)


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What is JS Global Lifestyle Co Cash Conversion Cycle?

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

JS Global Lifestyle Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.91.
JS Global Lifestyle Co's Days Inventory for the six months ended in Dec. 2023 was 41.17.
JS Global Lifestyle Co's Days Payable for the six months ended in Dec. 2023 was 173.75.
Therefore, JS Global Lifestyle Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -80.67.


JS Global Lifestyle Co Cash Conversion Cycle Historical Data

The historical data trend for JS Global Lifestyle 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.

JS Global Lifestyle Co Cash Conversion Cycle Chart

JS Global Lifestyle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 35.78 22.48 37.46 202.20 72.99

JS Global Lifestyle Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 49.78 226.30 222.90 55.91 -80.67

Competitive Comparison of JS Global Lifestyle Co's Cash Conversion Cycle

For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle 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.


JS Global Lifestyle Co's Cash Conversion Cycle Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where JS Global Lifestyle Co's Cash Conversion Cycle falls into.



JS Global Lifestyle 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.

JS Global Lifestyle 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
=149.2+148.06-224.27
=72.99

JS Global Lifestyle 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
=51.91+41.17-173.75
=-80.67

* 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.


JS Global Lifestyle Co  (HKSE:01691) 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.


JS Global Lifestyle Co Cash Conversion Cycle Related Terms

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JS Global Lifestyle Co (HKSE:01691) Business Description

Traded in Other Exchanges
Address
238 Des Voeux Road Central, 21st Floor, Sheung Wan, Hong Kong, HKG
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja. The company generates maximum revenue from SharkNinja segment. Its SharkNinja segment is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products and small kitchen appliances products. Its Joyoung segment is involved in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances. The company earns majority of its revenue from SharkNinja segment.
Executives
Han Run 2101 Beneficial owner
Wang Xuning 2101 Beneficial owner
Yang Ningning 2101 Beneficial owner
Guo De Er Limited 2103 Interests held jointly with another person
Wang Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Holdings Limited 2103 Interests held jointly with another person
He Guang Limited 2103 Interests held jointly with another person
Hongjin Family Company Limited 2103 Interests held jointly with another person
Hongjin Global Company Limited 2103 Interests held jointly with another person
Hongtao Holding Company Limited 2103 Interests held jointly with another person
Huang Family Global Limited 2103 Interests held jointly with another person
J&z Family Global Limited 2103 Interests held jointly with another person
Jiang Family Global Limited 2103 Interests held jointly with another person
L&w Everlasting Holdings Limited 2103 Interests held jointly with another person

JS Global Lifestyle Co (HKSE:01691) Headlines

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