Ashley Services Group (ASX:ASH) Cash Conversion Cycle: 25.45 (As of Dec. 2025)


ASX:ASH Ashley Services Group Ltd ASX:ASH
57 GF Score
Price A$0.28
GF Value A$0.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ashley Services Group Cash Conversion Cycle?

Ashley Services Group ASX:ASH +12.24% 57 Cash Conversion Cycle is 25.45 as of Dec. 2025. GuruFocus rates ASX:ASH with a GF Score™ of 57/100 and a GF Value™ of A$0.24 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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

Ashley Services Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 25.45.
Ashley Services Group's Days Inventory for the six months ended in Dec. 2025 was 0.
Ashley Services Group's Days Payable for the six months ended in Dec. 2025 was 0.
Therefore, Ashley Services Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 25.45.


Ashley Services Group  (ASX:ASH) 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.


Ashley Services Group Cash Conversion Cycle Related Terms


Ashley Services Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ashley Services Group'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.

Ashley Services Group Cash Conversion Cycle Chart

Ashley Services Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.09 32.67 29.23 27.35 25.71

Ashley Services Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.27 31.91 29.72 30.21 25.45

ASX:ASH vs KFY, RHI, TNET: Cash Conversion Cycle Comparison

For the Staffing & Employment Services subindustry, Ashley Services Group'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.


Ashley Services Group Cash Conversion Cycle vs Business Services Industry

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

* The bar in red indicates where Ashley Services Group's Cash Conversion Cycle falls into.


ASX:ASH
57GF Score
Ashley Services Group Ltd ASX:ASH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashley Services Group 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.

Ashley Services Group's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=25.71+0-0
=25.71

Ashley Services Group's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=25.45+0-0
=25.45

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 25.45 mean?
Ashley Services Group (ASX:ASH) has a Cash Conversion Cycle of 25.45 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ashley Services Group and its competitors.
Is Ashley Services Group's Cash Conversion Cycle too high?
Ashley Services Group's current Cash Conversion Cycle is 25.45. The Business Services industry median Cash Conversion Cycle is 38.66. Ashley Services Group's value of 25.45 is 34.2% below this industry median. Overall, Ashley Services Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashley Services Group's Cash Conversion Cycle compare to KFY and RHI?
Ashley Services Group's Cash Conversion Cycle of 25.45 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.66. Ashley Services Group's value of 25.45 is 34.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.66, based on 1,069 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashley Services Group's current Cash Conversion Cycle of 25.45 is 34.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ashley Services Group and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashley Services Group's current Cash Conversion Cycle is 25.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashley Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ashley Services Group (ASX:ASH) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.24, compared to a current price of A$0.28 — trading 14.6% above its estimated fair value. The current Cash Conversion Cycle is 25.45 and 34.2% below the Business Services industry median of 38.66. Ashley Services Group's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Ashley Services Group (ASX:ASH), the current Cash Conversion Cycle is 25.45 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashley Services Group (ASX:ASH) Overvalued in 2026?

Based on GuruFocus' analysis, Ashley Services Group stock appears to be overvalued. The current stock price of A$0.28 is trading 14.6% above its estimated GF Value™ of A$0.24. GuruFocus considers Ashley Services Group to be Modestly Overvalued.

Key valuation signals for ASX:ASH:

  • Cash Conversion Cycle: 25.45
  • GF Value™: A$0.24 vs. price of A$0.28 (14.6% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 34.2% below the Business Services median

No single metric tells the full story. See the ASX:ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashley Services Group Business Description

Address 92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000
Ashley Services Group Ltd is engaged in staffing services. It is an integrated Labour Hire, Recruitment, and Training organization that has been delivering workforce management and business improvement programs. The group operates in two operating segments, namely Labour hire and Training. The group derives maximum revenue from providing Labour hire services. The organization operates in Australia.
57GF Score

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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.28
Price
A$0.24
GF Value