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Peiport Holdings (Peiport Holdings) Cash Conversion Cycle : 178.57 (As of Dec. 2023)


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What is Peiport Holdings Cash Conversion Cycle?

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

Peiport Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 81.43.
Peiport Holdings's Days Inventory for the six months ended in Dec. 2023 was 124.71.
Peiport Holdings's Days Payable for the six months ended in Dec. 2023 was 27.57.
Therefore, Peiport Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 178.57.


Peiport Holdings Cash Conversion Cycle Historical Data

The historical data trend for Peiport Holdings'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.

Peiport Holdings Cash Conversion Cycle Chart

Peiport Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 194.98 187.51 202.12 199.25 180.51

Peiport Holdings Semi-Annual Data
Dec15 Dec16 Jun17 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 Premium Member Only Premium Member Only 178.77 242.88 189.13 209.01 178.57

Competitive Comparison of Peiport Holdings's Cash Conversion Cycle

For the Security & Protection Services subindustry, Peiport Holdings'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.


Peiport Holdings's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Peiport Holdings's Cash Conversion Cycle distribution charts can be found below:

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



Peiport Holdings 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.

Peiport Holdings'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
=94.06+124.26-37.81
=180.51

Peiport Holdings'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
=81.43+124.71-27.57
=178.57

* 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.


Peiport Holdings  (OTCPK:PPRTF) 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.


Peiport Holdings Cash Conversion Cycle Related Terms

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Peiport Holdings (Peiport Holdings) Business Description

Traded in Other Exchanges
Address
No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG
Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services; self-stabilised imaging products and services; and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. The products and services in thermal imaging segment are divided into three categories products under its own brand name, PTi; products of other brands; and thermal imaging inspection services. It operates in Mainland China, Hong Kong and Macau, and Overseas, with majority of the revenue deriving from Mainland China.

Peiport Holdings (Peiport Holdings) Headlines

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