Permsin Steel Works PCL's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 9.27.
Permsin Steel Works PCL's Days Inventory for the
three
months ended in Mar. 2026 was 116.39.
Permsin Steel Works PCL's Days Payable for the
three
months ended in Mar. 2026 was 18.29.
Therefore, Permsin Steel Works PCL's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 107.37.
Permsin Steel Works PCL (BKK:PERM) 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.
Permsin Steel Works PCL Cash Conversion Cycle Related Terms
Permsin Steel Works PCL Cash Conversion Cycle Historical Data
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The historical data trend for Permsin Steel Works 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.
Permsin Steel Works PCL Cash Conversion Cycle Chart
BKK:PERM vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, Permsin Steel Works 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.
Permsin Steel Works PCL Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Permsin Steel Works PCL's Cash Conversion Cycle falls into.
Permsin Steel Works 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.
Permsin Steel Works 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.
Permsin Steel Works PCL (BKK:PERM) has a Cash Conversion Cycle of 107.37 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Permsin Steel Works PCL and its competitors.
Is Permsin Steel Works PCL's Cash Conversion Cycle too high?
Permsin Steel Works PCL's current Cash Conversion Cycle is 107.37. The Steel industry median Cash Conversion Cycle is 94.32. Permsin Steel Works PCL's value of 107.37 is 13.8% above this industry median. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Cash Conversion Cycle compare to NUE and STLD?
Permsin Steel Works PCL's Cash Conversion Cycle of 107.37 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.32. Permsin Steel Works PCL's value of 107.37 is 13.8% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.32, based on 609 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. Permsin Steel Works PCL's current Cash Conversion Cycle of 107.37 is 13.8% 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 Permsin Steel Works PCL and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current Cash Conversion Cycle is 107.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.25 — trading 60.9% below its estimated fair value. The current Cash Conversion Cycle is 107.37 and 13.8% above the Steel industry median of 94.32. Permsin Steel Works PCL's overall GF Score™ is 26/100 with 5 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 Permsin Steel Works PCL (BKK:PERM), the current Cash Conversion Cycle is 107.37 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?
Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued.
The current stock price of ฿0.25 is trading 60.9% below its estimated GF Value™ of ฿0.64.
GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.
Key valuation signals for BKK:PERM:
Cash Conversion Cycle: 107.37
GF Value™: ฿0.64 vs. price of ฿0.25 (60.9% below fair value)
No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score
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