Itthirit Nice PCL (BKK:ITTHI) Cash Conversion Cycle: 12.87 (As of Mar. 2026)

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BKK:ITTHI Itthirit Nice Corp PCL BKK:ITTHI
57 GF Score
Price ฿1.32
GF Value ฿2.04
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Itthirit Nice PCL Cash Conversion Cycle?

Itthirit Nice PCL BKK:ITTHI +0.76% 57 Cash Conversion Cycle is 12.87 as of Mar. 2026. GuruFocus rates BKK:ITTHI with a GF Score™ of 57/100 and a GF Value™ of ฿2.04 (Significantly Undervalued). 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.

Itthirit Nice PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 12.36.
Itthirit Nice PCL's Days Inventory for the three months ended in Mar. 2026 was 15.88.
Itthirit Nice PCL's Days Payable for the three months ended in Mar. 2026 was 15.37.
Therefore, Itthirit Nice PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 12.87.


Itthirit Nice PCL  (BKK:ITTHI) 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.


Itthirit Nice PCL Cash Conversion Cycle Related Terms


Itthirit Nice PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Itthirit Nice 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.

Itthirit Nice PCL Cash Conversion Cycle Chart

Itthirit Nice PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
133.06 126.06 78.93 43.26 16.26

Itthirit Nice PCL Quarterly Data
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 17.80 29.32 37.65 13.71 12.87

BKK:ITTHI vs SN, SGI, MHK: Cash Conversion Cycle Comparison

For the Furnishings, Fixtures & Appliances subindustry, Itthirit Nice 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.


Itthirit Nice PCL Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itthirit Nice PCL's Cash Conversion Cycle distribution charts can be found below:

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


BKK:ITTHI
57GF Score
Itthirit Nice Corp PCL BKK:ITTHI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Itthirit Nice 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.

Itthirit Nice 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
=20.57+19.56-23.87
=16.26

Itthirit Nice 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
=12.36+15.88-15.37
=12.87

* 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 12.87 mean?
Itthirit Nice PCL (BKK:ITTHI) has a Cash Conversion Cycle of 12.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Itthirit Nice PCL and its competitors.
Is Itthirit Nice PCL's Cash Conversion Cycle too high?
Itthirit Nice PCL's current Cash Conversion Cycle is 12.87. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.09. Itthirit Nice PCL's value of 12.87 is 84.9% below this industry median. Overall, Itthirit Nice PCL has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itthirit Nice PCL's Cash Conversion Cycle compare to SN and SGI?
Itthirit Nice PCL's Cash Conversion Cycle of 12.87 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.09. Itthirit Nice PCL's value of 12.87 is 84.9% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 85.09, based on 432 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. Itthirit Nice PCL's current Cash Conversion Cycle of 12.87 is 84.9% 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 Itthirit Nice PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itthirit Nice PCL's current Cash Conversion Cycle is 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itthirit Nice PCL stock overvalued right now?
Based on GuruFocus' analysis, Itthirit Nice PCL (BKK:ITTHI) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.04, compared to a current price of ฿1.32 — trading 35.3% below its estimated fair value. The current Cash Conversion Cycle is 12.87 and 84.9% below the Furnishings, Fixtures & Appliances industry median of 85.09. Itthirit Nice PCL's overall GF Score™ is 57/100 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 Itthirit Nice PCL (BKK:ITTHI), the current Cash Conversion Cycle is 12.87 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 Itthirit Nice PCL (BKK:ITTHI) Overvalued in 2026?

Based on GuruFocus' analysis, Itthirit Nice PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 35.3% below its estimated GF Value™ of ฿2.04. GuruFocus considers Itthirit Nice PCL to be Significantly Undervalued.

Key valuation signals for BKK:ITTHI:

  • Cash Conversion Cycle: 12.87
  • GF Value™: ฿2.04 vs. price of ฿1.32 (35.3% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 84.9% below the Furnishings, Fixtures & Appliances median

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


Itthirit Nice PCL Business Description

Address 89/18-19 Moo 5,Tambol Phanthai Norasing, Amphur Muang Samut Sakhon, Samut Sakhon Province, THA, 74000
Itthirit Nice Corp PCL is a distributor of electronic equipment which includes electric lighting products and equipment type IET (Internet Every Thing). Further, it is also involved in the production and distribution of disinfecting alcohol products. The company operates in three business segments, the Property development sector, the Government sector Retail, and the wholesale sector, the majority of its revenue is generated from the Government sector.
57GF Score

Get the complete analysis for BKK:ITTHI

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

฿1.32
Price
฿2.04
GF Value