STP&I PCL (BKK:STPI-R) Cash Conversion Cycle: 119.67 (As of Mar. 2026)


What is STP&I PCL Cash Conversion Cycle?

STP&I PCL BKK:STPI-R 60 Cash Conversion Cycle is 119.67 as of Mar. 2026. GuruFocus rates BKK:STPI-R with a GF Score™ of 60/100. 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.

STP&I PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 135.55.
STP&I PCL's Days Inventory for the three months ended in Mar. 2026 was 27.4.
STP&I PCL's Days Payable for the three months ended in Mar. 2026 was 43.28.
Therefore, STP&I PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 119.67.


STP&I PCL  (BKK:STPI-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.


STP&I PCL Cash Conversion Cycle Related Terms


STP&I PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for STP&I 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.

STP&I PCL Cash Conversion Cycle Chart

STP&I 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 93.76 67.90 74.90 133.66 97.19

STP&I 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 120.17 101.08 99.35 100.84 119.67

BKK:STPI-R vs ATI, CRS, MLI: Cash Conversion Cycle Comparison

For the Metal Fabrication subindustry, STP&I 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.


STP&I PCL Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's Cash Conversion Cycle distribution charts can be found below:

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



STP&I 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.

STP&I 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
=107.2+28.91-38.92
=97.19

STP&I 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
=135.55+27.4-43.28
=119.67

* 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 119.67 mean?
STP&I PCL (BKK:STPI-R) has a Cash Conversion Cycle of 119.67 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on STP&I PCL and its competitors.
Is STP&I PCL's Cash Conversion Cycle too high?
STP&I PCL's current Cash Conversion Cycle is 119.67. The Industrial Products industry median Cash Conversion Cycle is 122.23. STP&I PCL's value of 119.67 is 2.1% below this industry median. Overall, STP&I PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's Cash Conversion Cycle compare to ATI and CRS?
STP&I PCL's Cash Conversion Cycle of 119.67 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.23. STP&I PCL's value of 119.67 is 2.1% 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 Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.23, based on 3,039 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. STP&I PCL's current Cash Conversion Cycle of 119.67 is 2.1% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current Cash Conversion Cycle is 119.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
STP&I PCL (BKK:STPI-R) has a current Cash Conversion Cycle of 119.67. The current Cash Conversion Cycle is 119.67 and 2.1% below the Industrial Products industry median of 122.23. STP&I PCL's overall GF Score™ is 60/100 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 STP&I PCL (BKK:STPI-R), the current Cash Conversion Cycle is 119.67 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.

STP&I PCL Business Description

Other Exchanges STPI:Thailand
Address Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.