Saha Pathana Inter-Holding PCL (BKK:SPI) 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.
Saha Pathana Inter-Holding PCL Cash Conversion Cycle Related Terms
Saha Pathana Inter-Holding PCL Cash Conversion Cycle Historical Data
* 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.
Saha Pathana Inter-Holding PCL Cash Conversion Cycle Chart
BKK:SPI vs CBRE, BEKE, JLL: Cash Conversion Cycle Comparison
For the Real Estate Services subindustry, Saha Pathana Inter-Holding 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.
Saha Pathana Inter-Holding PCL Cash Conversion Cycle vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Saha Pathana Inter-Holding PCL's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Saha Pathana Inter-Holding PCL's Cash Conversion Cycle falls into.
Saha Pathana Inter-Holding 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.
* 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.
Saha Pathana Inter-Holding PCL (BKK:SPI) has a Cash Conversion Cycle of 19.57 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Saha Pathana Inter-Holding PCL and its competitors.
Is Saha Pathana Inter-Holding PCL's Cash Conversion Cycle too high?
Saha Pathana Inter-Holding PCL's current Cash Conversion Cycle is 19.57. The Real Estate industry median Cash Conversion Cycle is 320.74. Saha Pathana Inter-Holding PCL's value of 19.57 is 93.9% below this industry median. Overall, Saha Pathana Inter-Holding PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathana Inter-Holding PCL's Cash Conversion Cycle compare to CBRE and BEKE?
Saha Pathana Inter-Holding PCL's Cash Conversion Cycle of 19.57 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.74. Saha Pathana Inter-Holding PCL's value of 19.57 is 93.9% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.74, based on 1,731 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. Saha Pathana Inter-Holding PCL's current Cash Conversion Cycle of 19.57 is 93.9% 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 Saha Pathana Inter-Holding PCL and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha Pathana Inter-Holding PCL's current Cash Conversion Cycle is 19.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathana Inter-Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL (BKK:SPI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿26.39, compared to a current price of ฿33.25 — trading 26% above its estimated fair value. The current Cash Conversion Cycle is 19.57 and 93.9% below the Real Estate industry median of 320.74. Saha Pathana Inter-Holding PCL's overall GF Score™ is 67/100 with 12 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 Saha Pathana Inter-Holding PCL (BKK:SPI), the current Cash Conversion Cycle is 19.57 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 Saha Pathana Inter-Holding PCL (BKK:SPI) Overvalued in 2026?
Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL stock appears to be overvalued.
The current stock price of ฿33.25 is trading 26% above its estimated GF Value™ of ฿26.39.
GuruFocus considers Saha Pathana Inter-Holding PCL to be Modestly Overvalued.
Key valuation signals for BKK:SPI:
Cash Conversion Cycle: 19.57
GF Value™: ฿26.39 vs. price of ฿33.25 (26% above fair value)
Industry Position: 93.9% below the Real Estate median
No single metric tells the full story. See the BKK:SPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saha Pathana Inter-Holding PCL Business Description
Saha Pathana Inter-Holding PCL is engaged in the real estate business. The company's core businesses are divided into three segments: Investment in consumer goods business, which derives maximum revenue; Investment in food and beverage business; and Industrial park development and investment in other businesses. The company operates in Thailand only.
67GF Score
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