Starflex PCL (BKK:SFLEX) Cash Conversion Cycle: 82.88 (As of Mar. 2026)


BKK:SFLEX Starflex PCL BKK:SFLEX
84 GF Score
Price ฿2.96
GF Value ฿3.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Starflex PCL Cash Conversion Cycle?

Starflex PCL BKK:SFLEX +1.37% 84 Cash Conversion Cycle is 82.88 as of Mar. 2026. GuruFocus rates BKK:SFLEX with a GF Score™ of 84/100 and a GF Value™ of ฿3.64 (Modestly Undervalued). The stock has 4 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.

Starflex PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 68.01.
Starflex PCL's Days Inventory for the three months ended in Mar. 2026 was 78.86.
Starflex PCL's Days Payable for the three months ended in Mar. 2026 was 63.99.
Therefore, Starflex PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 82.88.


Starflex PCL  (BKK:SFLEX) 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.


Starflex PCL Cash Conversion Cycle Related Terms


Starflex PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL Cash Conversion Cycle Chart

Starflex 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 77.47 87.83 85.20 96.17 93.14

Starflex 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 102.23 104.88 90.67 87.79 82.88

BKK:SFLEX vs SW, PKG, IP: Cash Conversion Cycle Comparison

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL Cash Conversion Cycle vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Cash Conversion Cycle distribution charts can be found below:

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


BKK:SFLEX
84GF Score
Starflex PCL BKK:SFLEX
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex 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.

Starflex 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
=64.28+86.46-57.6
=93.14

Starflex 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
=68.01+78.86-63.99
=82.88

* 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 82.88 mean?
Starflex PCL (BKK:SFLEX) has a Cash Conversion Cycle of 82.88 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starflex PCL and its competitors.
Is Starflex PCL's Cash Conversion Cycle too high?
Starflex PCL's current Cash Conversion Cycle is 82.88. The Packaging & Containers industry median Cash Conversion Cycle is 86.58. Starflex PCL's value of 82.88 is 4.3% below this industry median. Overall, Starflex PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's Cash Conversion Cycle compare to SW and PKG?
Starflex PCL's Cash Conversion Cycle of 82.88 can be compared against companies in the Packaging & Containers industry. The industry median Cash Conversion Cycle is 86.58. Starflex PCL's value of 82.88 is 4.3% 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 Packaging & Containers company?
The median Cash Conversion Cycle among Packaging & Containers companies is 86.58, based on 389 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. Starflex PCL's current Cash Conversion Cycle of 82.88 is 4.3% 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 Starflex PCL and its competitors. For the Packaging & Containers industry, the median Cash Conversion Cycle is 86.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Cash Conversion Cycle is 82.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.64, compared to a current price of ฿2.96 — trading 18.7% below its estimated fair value. The current Cash Conversion Cycle is 82.88 and 4.3% below the Packaging & Containers industry median of 86.58. Starflex PCL's overall GF Score™ is 84/100 with 4 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 Starflex PCL (BKK:SFLEX), the current Cash Conversion Cycle is 82.88 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿2.96 is trading 18.7% below its estimated GF Value™ of ฿3.64. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

  • Cash Conversion Cycle: 82.88
  • GF Value™: ฿3.64 vs. price of ฿2.96 (18.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 4.3% below the Packaging & Containers median

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
84GF Score

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

฿2.96
Price
฿3.64
GF Value