Pilatus Marine PCL (BKK:PLT) Cash Conversion Cycle: 14.21 (As of Mar. 2026)


BKK:PLT Pilatus Marine PCL BKK:PLT
13 GF Score
Price ฿0.54
GF Value ฿0.91
Valuation Possible Value Trap
! 3 Warning Signs
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What is Pilatus Marine PCL Cash Conversion Cycle?

Pilatus Marine PCL BKK:PLT 13 Cash Conversion Cycle is 14.21 as of Mar. 2026. GuruFocus rates BKK:PLT with a GF Score™ of 13/100 and a GF Value™ of ฿0.91 (Possible Value Trap). The stock has 3 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.

Pilatus Marine PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 27.1.
Pilatus Marine PCL's Days Inventory for the three months ended in Mar. 2026 was 8.79.
Pilatus Marine PCL's Days Payable for the three months ended in Mar. 2026 was 21.68.
Therefore, Pilatus Marine PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 14.21.


Pilatus Marine PCL  (BKK:PLT) 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.


Pilatus Marine PCL Cash Conversion Cycle Related Terms


Pilatus Marine PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pilatus Marine 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.

Pilatus Marine PCL Cash Conversion Cycle Chart

Pilatus Marine PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
18.76 17.58 20.62 16.80 13.84

Pilatus Marine PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 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 13.44 14.46 13.60 13.30 14.21

BKK:PLT vs WMB, EPD, KMI: Cash Conversion Cycle Comparison

For the Oil & Gas Midstream subindustry, Pilatus Marine 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.


Pilatus Marine PCL Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pilatus Marine PCL's Cash Conversion Cycle distribution charts can be found below:

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


BKK:PLT
13GF Score
Pilatus Marine PCL BKK:PLT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Pilatus Marine 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.

Pilatus Marine 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
=27.32+6.42-19.9
=13.84

Pilatus Marine 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
=27.1+8.79-21.68
=14.21

* 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 14.21 mean?
Pilatus Marine PCL (BKK:PLT) has a Cash Conversion Cycle of 14.21 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pilatus Marine PCL and its competitors.
Is Pilatus Marine PCL's Cash Conversion Cycle too high?
Pilatus Marine PCL's current Cash Conversion Cycle is 14.21. The Oil & Gas industry median Cash Conversion Cycle is 18.26. Pilatus Marine PCL's value of 14.21 is 22.2% below this industry median. Overall, Pilatus Marine PCL has a GF Score™ of 13/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pilatus Marine PCL's Cash Conversion Cycle compare to WMB and EPD?
Pilatus Marine PCL's Cash Conversion Cycle of 14.21 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.26. Pilatus Marine PCL's value of 14.21 is 22.2% 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.26, based on 916 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. Pilatus Marine PCL's current Cash Conversion Cycle of 14.21 is 22.2% 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 Pilatus Marine PCL and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilatus Marine PCL's current Cash Conversion Cycle is 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilatus Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.54 — trading 40.7% below its estimated fair value. The current Cash Conversion Cycle is 14.21 and 22.2% below the Oil & Gas industry median of 18.26. Pilatus Marine PCL's overall GF Score™ is 13/100 with 3 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 Pilatus Marine PCL (BKK:PLT), the current Cash Conversion Cycle is 14.21 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued. The current stock price of ฿0.54 is trading 40.7% below its estimated GF Value™ of ฿0.91. GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.

Key valuation signals for BKK:PLT:

  • Cash Conversion Cycle: 14.21
  • GF Value™: ฿0.91 vs. price of ฿0.54 (40.7% below fair value)
  • GF Score™: 13/100 with 3 warning signs
  • Industry Position: 22.2% below the Oil & Gas median

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


Pilatus Marine PCL Business Description

Industry EnergyOil & Gas
Address At 84/1-4, Soi Phahon Yothin 37, Young Place Grand Le Jardin Building, 1st-4th Floors, Lat Yao, Chatuchak, Bangkok, THA, 10900
Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.
13GF Score

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

฿0.54
Price
฿0.91
GF Value