MPJ Logistics PCL's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 40.96.
MPJ Logistics PCL's Days Inventory for the
three
months ended in Mar. 2026 was 2.74.
MPJ Logistics PCL's Days Payable for the
three
months ended in Mar. 2026 was 13.93.
Therefore, MPJ Logistics PCL's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 29.77.
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.
MPJ Logistics PCL Cash Conversion Cycle Related Terms
MPJ Logistics PCL Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for MPJ Logistics 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.
BKK:MPJ vs UPS, FDX, JBHT: Cash Conversion Cycle Comparison
For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.
MPJ Logistics PCL Cash Conversion Cycle vs Transportation Industry
For the Transportation industry and Industrials sector, MPJ Logistics PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where MPJ Logistics PCL's Cash Conversion Cycle falls into.
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.
MPJ Logistics PCL's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
MPJ Logistics PCL (BKK:MPJ) has a Cash Conversion Cycle of 29.77 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MPJ Logistics PCL and its competitors.
Is MPJ Logistics PCL's Cash Conversion Cycle too high?
MPJ Logistics PCL's current Cash Conversion Cycle is 29.77. The Transportation industry median Cash Conversion Cycle is 20.26. MPJ Logistics PCL's value of 29.77 is 47% above this industry median. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Cash Conversion Cycle compare to UPS and FDX?
MPJ Logistics PCL's Cash Conversion Cycle of 29.77 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. MPJ Logistics PCL's value of 29.77 is 47% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 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. MPJ Logistics PCL's current Cash Conversion Cycle of 29.77 is 47% 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 MPJ Logistics PCL and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Cash Conversion Cycle is 29.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Cash Conversion Cycle of 29.77. The current Cash Conversion Cycle is 29.77 and 47% above the Transportation industry median of 20.26. MPJ Logistics PCL's overall GF Score™ is 13/100 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 MPJ Logistics PCL (BKK:MPJ), the current Cash Conversion Cycle is 29.77 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.
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
13GF Score
Get the complete analysis for BKK:MPJ
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:MPJ has been successfully added to your 
