PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) 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.
PT Steel Pipe Industry of Indonesia Tbk Cash Conversion Cycle Related Terms
PT Steel Pipe Industry of Indonesia Tbk 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.
PT Steel Pipe Industry of Indonesia Tbk Cash Conversion Cycle Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
FRA:S08 vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.
PT Steel Pipe Industry of Indonesia Tbk Cash Conversion Cycle vs Steel Industry
PT Steel Pipe Industry of Indonesia Tbk 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.
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Cash Conversion Cycle of 312.51 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors.
Is PT Steel Pipe Industry of Indonesia Tbk's Cash Conversion Cycle too high?
PT Steel Pipe Industry of Indonesia Tbk's current Cash Conversion Cycle is 312.51. The Steel industry median Cash Conversion Cycle is 94.50. PT Steel Pipe Industry of Indonesia Tbk's value of 312.51 is 230.7% above this industry median. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Cash Conversion Cycle compare to NUE and STLD?
PT Steel Pipe Industry of Indonesia Tbk's Cash Conversion Cycle of 312.51 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.50. PT Steel Pipe Industry of Indonesia Tbk's value of 312.51 is 230.7% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.50, based on 610 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. PT Steel Pipe Industry of Indonesia Tbk's current Cash Conversion Cycle of 312.51 is 230.7% 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 PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Cash Conversion Cycle is 312.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current Cash Conversion Cycle of 312.51. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 40% above its estimated fair value. The current Cash Conversion Cycle is 312.51 and 230.7% above the Steel industry median of 94.50. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 76/100 with 2 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Cash Conversion Cycle is 312.51 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of €0.01 is trading 40% above its estimated GF Value™ of €0.01.
Key valuation signals for FRA:S08:
Cash Conversion Cycle: 312.51
GF Value™: €0.01 vs. price of €0.01 (40% above fair value)
No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk Business Description
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
76GF Score
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