ASN Broker PCL (BKK:ASN-R) Cash Conversion Cycle: -42.94 (As of Mar. 2026)


BKK:ASN-R ASN Broker PCL BKK:ASN-R
55 GF Score
Price ฿0.68
GF Value ฿1.52
! 4 Warning Signs
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What is ASN Broker PCL Cash Conversion Cycle?

ASN Broker PCL BKK:ASN-R 55 Cash Conversion Cycle is -42.94 as of Mar. 2026. GuruFocus rates BKK:ASN-R with a GF Score™ of 55/100 and a GF Value™ of ฿1.52. The stock has 4 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.

ASN Broker PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 129.53.
ASN Broker PCL's Days Inventory for the three months ended in Mar. 2026 was 0.
ASN Broker PCL's Days Payable for the three months ended in Mar. 2026 was 172.47.
Therefore, ASN Broker PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -42.94.


ASN Broker PCL  (BKK:ASN-R) 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.


ASN Broker PCL Cash Conversion Cycle Related Terms


ASN Broker PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ASN Broker PCL'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.

ASN Broker PCL Cash Conversion Cycle Chart

ASN Broker PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -130.57 -82.15 -72.63 -76.35 -82.42

ASN Broker PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -61.53 -42.00 -42.49 -74.79 -42.94

BKK:ASN-R vs MRSH, AON, AJG: Cash Conversion Cycle Comparison

For the Insurance Brokers subindustry, ASN Broker PCL'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.


ASN Broker PCL Cash Conversion Cycle vs Insurance Industry

For the Insurance industry and Financial Services sector, ASN Broker PCL's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ASN Broker PCL's Cash Conversion Cycle falls into.


BKK:ASN-R
55GF Score
ASN Broker PCL BKK:ASN-R
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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ASN Broker PCL 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.

ASN Broker PCL'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
=125.09+0-207.51
=-82.42

ASN Broker PCL's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=129.53+0-172.47
=-42.94

* 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 -42.94 mean?
ASN Broker PCL (BKK:ASN-R) has a Cash Conversion Cycle of -42.94 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ASN Broker PCL and its competitors.
Is ASN Broker PCL's Cash Conversion Cycle too high?
ASN Broker PCL's current Cash Conversion Cycle is -42.94. Overall, ASN Broker PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does ASN Broker PCL's Cash Conversion Cycle compare to MRSH and AON?
ASN Broker PCL's Cash Conversion Cycle of -42.94 can be compared against companies in the Insurance industry. The industry median Cash Conversion Cycle is 7.68. 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 an Insurance company?
The median Cash Conversion Cycle among Insurance companies is 7.68, based on 62 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. 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 ASN Broker PCL and its competitors. For the Insurance industry, the median Cash Conversion Cycle is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASN Broker PCL's current Cash Conversion Cycle is -42.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASN Broker PCL stock overvalued right now?
ASN Broker PCL (BKK:ASN-R) has a current Cash Conversion Cycle of -42.94. The stock's GF Value™ is ฿1.52, compared to a current price of ฿0.68 — trading 55.3% below its estimated fair value. The current Cash Conversion Cycle is -42.94. ASN Broker PCL's overall GF Score™ is 55/100 with 4 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 ASN Broker PCL (BKK:ASN-R), the current Cash Conversion Cycle is -42.94 as of Mar. 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.

Is ASN Broker PCL (BKK:ASN-R) Overvalued in 2026?

Based on GuruFocus' analysis, ASN Broker PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 55.3% below its estimated GF Value™ of ฿1.52.

Key valuation signals for BKK:ASN-R:

  • Cash Conversion Cycle: -42.94
  • GF Value™: ฿1.52 vs. price of ฿0.68 (55.3% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


ASN Broker PCL Business Description

Other Exchanges ASN:Thailand
Address Phaholyothin Road, 388 IBM Tower, 16th Floor, Zone B, Samsennai, Phayathai, Bangkok, THA, 10400
ASN Broker PCL is a Thailand-based company operating as a direct non-life insurance broker, mainly focusing on selling automobile insurance products. It has also expanded into the personal loan, title loan, and hire purchase business under the name ASN Finance. The Group's reportable segments are: Insurance Broker, Peer-to-peer lending platform, and Loan. Maximum revenue is generated from the Insurance Broker segment, which includes non-life insurance brokers and life insurance broker services. The Loan segment includes lending services through title loans and hire purchase. The Group is managed and operates principally in Thailand.
55GF Score

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

฿0.68
Price
฿1.52
GF Value