WellCell Holdings Co (HKSE:02477) Cash Conversion Cycle : 64.52 (As of Dec. 2023)

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What is WellCell Holdings Co Cash Conversion Cycle?

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

WellCell Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 72.04.
WellCell Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 0.
WellCell Holdings Co's Days Payable for the six months ended in Dec. 2023 was 7.52.
Therefore, WellCell Holdings Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 64.52.

WellCell Holdings Co Cash Conversion Cycle Historical Data

The historical data trend for WellCell Holdings 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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WellCell Holdings Co Cash Conversion Cycle Chart

WellCell Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

23.19

13.08

28.86

58.92

WellCell Holdings Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial			-	11.54	41.76	59.32	64.52

Competitive Comparison of WellCell Holdings Co's Cash Conversion Cycle

For the Telecom Services subindustry, WellCell Holdings 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.

WellCell Holdings Co's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, WellCell Holdings Co's Cash Conversion Cycle distribution charts can be found below:

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

WellCell Holdings 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.

WellCell Holdings 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
	=	70.47	+	0	-	11.55
	=	58.92

WellCell Holdings 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
	=	72.04	+	0	-	7.52
	=	64.52

WellCell Holdings Co (HKSE:02477) 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.

WellCell Holdings Co Cash Conversion Cycle Related Terms

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WellCell Holdings Co (HKSE:02477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WellCell Holdings Co Ltd (HKSE:02477) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wellcell.com.cn

WellCell Holdings Co Ltd is a telecommunication network support and information and communication technology (ICT) integration services provider and software developer in the PRC. Its telecommunication network support services mainly include the provision of (i) wireless telecommunication network enhancement services, encompassing both routine and specific services for improving connectivity, quality and coverage of a telecommunication network and/or for troubleshooting telecommunication network issues for its customers; and (ii) telecommunication network infrastructure maintenance and engineering services, involving routine maintenance and emergency restoration of the operations of base stations, and provision of engineering and labour services in projects related to the construction.

Executives

Lin Qi Hao	2101 Beneficial owner
Jia Zheng Yi	2201 Interest of corporation controlled by you
Zheng Li	2202 Interest of your spouse
Zhong Shu Min	2202 Interest of your spouse
Cheer Partners Co., Limited	2101 Beneficial owner
Shine Dynasty Co., Limited	2201 Interest of corporation controlled by you
Wellcell Group Co.,limited	2201 Interest of corporation controlled by you

WellCell Holdings Co (HKSE:02477) Headlines

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