Shenzhen Winkey Technology Co (BJSE:920176) Cash Conversion Cycle: 104.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920176 Shenzhen Winkey Technology Co Ltd BJSE:920176
20 GF Score
Price ¥57.00
! 2 Warning Signs
View Full Analysis

What is Shenzhen Winkey Technology Co Cash Conversion Cycle?

Shenzhen Winkey Technology Co BJSE:920176 20 Cash Conversion Cycle is 104.78 as of Jun. 2026. GuruFocus rates BJSE:920176 with a GF Score™ of 20/100. The stock has 2 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.

Shenzhen Winkey Technology Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 74.4.
Shenzhen Winkey Technology Co's Days Inventory for the three months ended in Jun. 2026 was 80.8.
Shenzhen Winkey Technology Co's Days Payable for the three months ended in Jun. 2026 was 50.42.
Therefore, Shenzhen Winkey Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 104.78.


Shenzhen Winkey Technology Co  (BJSE:920176) 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.


Shenzhen Winkey Technology Co Cash Conversion Cycle Related Terms


Shenzhen Winkey Technology Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Shenzhen Winkey Technology 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.

Shenzhen Winkey Technology Co Cash Conversion Cycle Chart

Shenzhen Winkey Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
182.50 145.93 73.45 43.11

Shenzhen Winkey Technology Co Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.44 40.56 49.15 70.01 104.78

BJSE:920176 vs PG, CL, EL: Cash Conversion Cycle Comparison

For the Household & Personal Products subindustry, Shenzhen Winkey Technology 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.


Shenzhen Winkey Technology Co Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Winkey Technology Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Shenzhen Winkey Technology Co's Cash Conversion Cycle falls into.


BJSE:920176
20GF Score
Shenzhen Winkey Technology Co Ltd BJSE:920176
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Winkey Technology 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.

Shenzhen Winkey Technology Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=76.97+118.34-152.2
=43.11

Shenzhen Winkey Technology Co's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=74.4+80.8-50.42
=104.78

* 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 104.78 mean?
Shenzhen Winkey Technology Co (BJSE:920176) has a Cash Conversion Cycle of 104.78 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shenzhen Winkey Technology Co and its competitors.
Is Shenzhen Winkey Technology Co's Cash Conversion Cycle too high?
Shenzhen Winkey Technology Co's current Cash Conversion Cycle is 104.78. The Consumer Packaged Goods industry median Cash Conversion Cycle is 74.74. Shenzhen Winkey Technology Co's value of 104.78 is 40.2% above this industry median. Overall, Shenzhen Winkey Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Winkey Technology Co's Cash Conversion Cycle compare to PG and CL?
Shenzhen Winkey Technology Co's Cash Conversion Cycle of 104.78 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 74.74. Shenzhen Winkey Technology Co's value of 104.78 is 40.2% above 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 74.74, based on 1,956 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. Shenzhen Winkey Technology Co's current Cash Conversion Cycle of 104.78 is 40.2% above 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 Shenzhen Winkey Technology Co and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 74.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Winkey Technology Co's current Cash Conversion Cycle is 104.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Winkey Technology Co stock overvalued right now?
Shenzhen Winkey Technology Co (BJSE:920176) has a current Cash Conversion Cycle of 104.78. The current Cash Conversion Cycle is 104.78 and 40.2% above the Consumer Packaged Goods industry median of 74.74. Shenzhen Winkey Technology Co's overall GF Score™ is 20/100 with 2 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 Shenzhen Winkey Technology Co (BJSE:920176), the current Cash Conversion Cycle is 104.78 as of Jun. 2026. 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.

Shenzhen Winkey Technology Co Business Description

Address No. 1001 Xueyuan Avenue, Taoyuan Street, Room 2401, Building D3, Nanshan Zhiyuan, Changyuan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518071
Shenzhen Winkey Technology Co Ltd is engaged in the research and development, production, sales and related services of cosmetic raw materials and finished cosmetic products. Its product portfolio includes ingredients and products for anti-aging, skin repair, skin brightening, wrinkle care, hair and eyelash care, soothing, moisturizing, anti-acne, and lip care applications.
20GF Score

Get the complete analysis for BJSE:920176

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

¥57.00
Price