Maksons Spinning Mills (DHA:MAKSONSPIN) Cash Conversion Cycle: 1,010.82 (As of Mar. 2025)

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DHA:MAKSONSPIN Maksons Spinning Mills PLC DHA:MAKSONSPIN
45 GF Score
Price BDT5.80
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What is Maksons Spinning Mills Cash Conversion Cycle?

Maksons Spinning Mills DHA:MAKSONSPIN 45 Cash Conversion Cycle is 1,010.82 as of Mar. 2025. GuruFocus rates DHA:MAKSONSPIN with a GF Score™ of 45/100.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Maksons Spinning Mills's Days Sales Outstanding for the three months ended in Mar. 2025 was 326.05.
Maksons Spinning Mills's Days Inventory for the three months ended in Mar. 2025 was 779.78.
Maksons Spinning Mills's Days Payable for the three months ended in Mar. 2025 was 95.01.
Therefore, Maksons Spinning Mills's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2025 was 1,010.82.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.


Maksons Spinning Mills Cash Conversion Cycle Related Terms


Maksons Spinning Mills Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills Cash Conversion Cycle Chart

Maksons Spinning Mills Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.68 351.93 300.80 386.49 351.13

Maksons Spinning Mills Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25
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 266.38 277.05 341.40 1,142.22 1,010.82

Maksons Spinning Mills Cash Conversion Cycle Competitor Comparison

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.


Maksons Spinning Mills Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maksons Spinning Mills's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Maksons Spinning Mills's Cash Conversion Cycle falls into.


DHA:MAKSONSPIN
45GF Score
Maksons Spinning Mills PLC DHA:MAKSONSPIN
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Maksons Spinning Mills 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.

Maksons Spinning Mills's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=133.74+217.76-0.37
=351.13

Maksons Spinning Mills's Cash Conversion Cycle for the quarter that ended in Mar. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=326.05+779.78-95.01
=1,010.82

* 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 1,010.82 mean?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a Cash Conversion Cycle of 1,010.82 as of Mar. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Maksons Spinning Mills and its competitors.
Is Maksons Spinning Mills' Cash Conversion Cycle too high?
Maksons Spinning Mills' current Cash Conversion Cycle is 1,010.82. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.30. Maksons Spinning Mills' value of 1,010.82 is 713.2% above this industry median. Overall, Maksons Spinning Mills has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Maksons Spinning Mills' Cash Conversion Cycle compare to competitors?
Maksons Spinning Mills' Cash Conversion Cycle of 1,010.82 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.30. Maksons Spinning Mills' value of 1,010.82 is 713.2% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.30, based on 1,038 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. Maksons Spinning Mills's current Cash Conversion Cycle of 1,010.82 is 713.2% 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 Maksons Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maksons Spinning Mills's current Cash Conversion Cycle is 1,010.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maksons Spinning Mills stock overvalued right now?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a current Cash Conversion Cycle of 1,010.82. The current Cash Conversion Cycle is 1,010.82 and 713.2% above the Manufacturing - Apparel & Accessories industry median of 124.30. Maksons Spinning Mills' overall GF Score™ is 45/100. 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 Maksons Spinning Mills (DHA:MAKSONSPIN), the current Cash Conversion Cycle is 1,010.82 as of Mar. 2025. 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.

Maksons Spinning Mills Business Description

Address House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills PLC is a Bangladesh-based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.
45GF Score

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

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