Wong's International Holdings (HKSE:00099) Cash Conversion Cycle: 92.49 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00099 Wong's International Holdings Ltd HKSE:00099
66 GF Score
Price HK$1.15
GF Value HK$1.09
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Wong's International Holdings Cash Conversion Cycle?

Wong's International Holdings HKSE:00099 +25.00% 66 Cash Conversion Cycle is 92.49 as of Dec. 2025. GuruFocus rates HKSE:00099 with a GF Score™ of 66/100 and a GF Value™ of HK$1.09 (Fairly Valued). The stock has 3 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.

Wong's International Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 112.33.
Wong's International Holdings's Days Inventory for the six months ended in Dec. 2025 was 84.27.
Wong's International Holdings's Days Payable for the six months ended in Dec. 2025 was 104.11.
Therefore, Wong's International Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 92.49.


Wong's International Holdings  (HKSE:00099) 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.


Wong's International Holdings Cash Conversion Cycle Related Terms


Wong's International Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Wong's International Holdings'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.

Wong's International Holdings Cash Conversion Cycle Chart

Wong's International Holdings 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 92.29 103.78 108.35 104.85 95.93

Wong's International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 108.95 115.30 87.44 90.69 92.49

HKSE:00099 vs AAPL: Cash Conversion Cycle Comparison

For the Consumer Electronics subindustry, Wong's International Holdings'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.


Wong's International Holdings Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Wong's International Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Wong's International Holdings's Cash Conversion Cycle falls into.


HKSE:00099
66GF Score
Wong's International Holdings Ltd HKSE:00099
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wong's International Holdings 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.

Wong's International Holdings'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
=114.57+81.66-100.3
=95.93

Wong's International Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=112.33+84.27-104.11
=92.49

* 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 92.49 mean?
Wong's International Holdings (HKSE:00099) has a Cash Conversion Cycle of 92.49 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wong's International Holdings and its competitors.
Is Wong's International Holdings' Cash Conversion Cycle too high?
Wong's International Holdings' current Cash Conversion Cycle is 92.49. The Hardware industry median Cash Conversion Cycle is 99.31. Wong's International Holdings' value of 92.49 is 6.9% below this industry median. Overall, Wong's International Holdings has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wong's International Holdings' Cash Conversion Cycle compare to AAPL?
Wong's International Holdings' Cash Conversion Cycle of 92.49 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.31. Wong's International Holdings' value of 92.49 is 6.9% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.31, based on 2,476 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. Wong's International Holdings's current Cash Conversion Cycle of 92.49 is 6.9% 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 Wong's International Holdings and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong's International Holdings's current Cash Conversion Cycle is 92.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong's International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wong's International Holdings (HKSE:00099) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.09, compared to a current price of HK$1.15 — trading 5.5% above its estimated fair value. The current Cash Conversion Cycle is 92.49 and 6.9% below the Hardware industry median of 99.31. Wong's International Holdings' overall GF Score™ is 66/100 with 3 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 Wong's International Holdings (HKSE:00099), the current Cash Conversion Cycle is 92.49 as of Dec. 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.

Is Wong's International Holdings (HKSE:00099) Overvalued in 2026?

Based on GuruFocus' analysis, Wong's International Holdings stock appears to be overvalued. The current stock price of HK$1.15 is trading 5.5% above its estimated GF Value™ of HK$1.09. GuruFocus considers Wong's International Holdings to be Fairly Valued.

Key valuation signals for HKSE:00099:

  • Cash Conversion Cycle: 92.49
  • GF Value™: HK$1.09 vs. price of HK$1.15 (5.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 6.9% below the Hardware median

No single metric tells the full story. See the HKSE:00099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong's International Holdings Business Description

Address No. 108 Wai Yip Street, 17th Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Wong's International Holdings Ltd is engaged in the development, manufacture, marketing and distribution of electronics products as well as property holding. The company's segments include Electronic Manufacturing Service that manufactures and distributes electronic products for EMS customers; and Property Holding which develops, sells and leases properties. The majority of the revenue is derived from the Electronic Manufacturing Service segment. Geographically, the company operates in North America, Asia (excluding Hong Kong), Europe, and Hong Kong.
66GF Score

Get the complete analysis for HKSE:00099

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

HK$1.15
Price
HK$1.09
GF Value