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Orient Telecoms (LSE:ORNT) Cash Conversion Cycle : 143.33 (As of Sep. 2023)


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What is Orient Telecoms Cash Conversion Cycle?

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

Orient Telecoms's Days Sales Outstanding for the six months ended in Sep. 2023 was 143.33.
Orient Telecoms's Days Inventory for the six months ended in Sep. 2023 was 0.
Orient Telecoms's Days Payable for the six months ended in Sep. 2023 was 0.
Therefore, Orient Telecoms's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2023 was 143.33.


Orient Telecoms Cash Conversion Cycle Historical Data

The historical data trend for Orient Telecoms'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.

Orient Telecoms Cash Conversion Cycle Chart

Orient Telecoms Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial 26.67 -1.26 -16.51 -291.35 64.64

Orient Telecoms Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.96 -738.92 16.43 38.49 143.33

Competitive Comparison of Orient Telecoms's Cash Conversion Cycle

For the Telecom Services subindustry, Orient Telecoms'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.


Orient Telecoms's Cash Conversion Cycle Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Orient Telecoms's Cash Conversion Cycle falls into.



Orient Telecoms 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.

Orient Telecoms's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.64+0-0
=64.64

Orient Telecoms's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=143.33+0-0
=143.33

* 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.


Orient Telecoms  (LSE:ORNT) 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.


Orient Telecoms Cash Conversion Cycle Related Terms

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Orient Telecoms (LSE:ORNT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Suite 2B-25-1, 25th Floor, Plaza Sentral, Block 2B, Kuala Lumpur, SGR, MYS, 50470
Orient Telecoms PLC is a company that provides telecommunication services using the network infrastructure owned by other network operators to enable cost-effective and rapid connectivity to large bandwidth consumers initially in Malaysia and subsequently within other Southeast Asian countries. It operates in a highly competitive and saturated market as the company is not involved in building its own network infrastructure which would require significant capital expenditure.

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