Metro Systems PCL (BKK:MSC-R) Cash Conversion Cycle: 24.17 (As of Mar. 2026)


BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
66 GF Score
Price ฿7.70
GF Value ฿9.39
! 7 Warning Signs
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What is Metro Systems PCL Cash Conversion Cycle?

Metro Systems PCL BKK:MSC-R 66 Cash Conversion Cycle is 24.17 as of Mar. 2026. GuruFocus rates BKK:MSC-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.39. The stock has 7 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.

Metro Systems PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 41.5.
Metro Systems PCL's Days Inventory for the three months ended in Mar. 2026 was 26.45.
Metro Systems PCL's Days Payable for the three months ended in Mar. 2026 was 43.78.
Therefore, Metro Systems PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 24.17.


Metro Systems PCL  (BKK:MSC-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.


Metro Systems PCL Cash Conversion Cycle Related Terms


Metro Systems PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL Cash Conversion Cycle Chart

Metro Systems 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 36.65 41.88 41.11 39.69 34.81

Metro Systems 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 22.41 24.59 34.57 37.09 24.17

BKK:MSC-R vs SNX, ARW, AVT: Cash Conversion Cycle Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's Cash Conversion Cycle distribution charts can be found below:

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


BKK:MSC-R
66GF Score
Metro Systems Corp PCL BKK:MSC-R
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Systems 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.

Metro Systems 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
=40.8+33.98-39.97
=34.81

Metro Systems 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
=41.5+26.45-43.78
=24.17

* 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 24.17 mean?
Metro Systems PCL (BKK:MSC-R) has a Cash Conversion Cycle of 24.17 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Metro Systems PCL and its competitors.
Is Metro Systems PCL's Cash Conversion Cycle too high?
Metro Systems PCL's current Cash Conversion Cycle is 24.17. The Hardware industry median Cash Conversion Cycle is 98.93. Metro Systems PCL's value of 24.17 is 75.6% below this industry median. Overall, Metro Systems PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's Cash Conversion Cycle compare to SNX and ARW?
Metro Systems PCL's Cash Conversion Cycle of 24.17 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Metro Systems PCL's value of 24.17 is 75.6% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,475 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. Metro Systems PCL's current Cash Conversion Cycle of 24.17 is 75.6% 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 Metro Systems PCL and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Systems PCL's current Cash Conversion Cycle is 24.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current Cash Conversion Cycle of 24.17. The stock's GF Value™ is ฿9.39, compared to a current price of ฿7.70 — trading 18% below its estimated fair value. The current Cash Conversion Cycle is 24.17 and 75.6% below the Hardware industry median of 98.93. Metro Systems PCL's overall GF Score™ is 66/100 with 7 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 Metro Systems PCL (BKK:MSC-R), the current Cash Conversion Cycle is 24.17 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18% below its estimated GF Value™ of ฿9.39.

Key valuation signals for BKK:MSC-R:

  • Cash Conversion Cycle: 24.17
  • GF Value™: ฿9.39 vs. price of ฿7.70 (18% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 75.6% below the Hardware median

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
66GF Score

Get the complete analysis for BKK:MSC-R

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

฿7.70
Price
฿9.39
GF Value