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China Pipe Group's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 93.7.
China Pipe Group's Days Inventory for the
six
months ended in Dec. 2025 was 165.57.
China Pipe Group's Days Payable for the
six
months ended in Dec. 2025 was 27.7.
Therefore, China Pipe Group's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 231.57.
China Pipe Group (HKSE:00380) 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.
China Pipe Group Cash Conversion Cycle Related Terms
China Pipe Group Cash Conversion Cycle Historical Data
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The historical data trend for China Pipe Group'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.
HKSE:00380 vs HD, LOW, FND: Cash Conversion Cycle Comparison
For the Home Improvement Retail subindustry, China Pipe Group'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.
China Pipe Group Cash Conversion Cycle vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where China Pipe Group's Cash Conversion Cycle falls into.
China Pipe Group 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.
China Pipe Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
China Pipe Group (HKSE:00380) has a Cash Conversion Cycle of 231.57 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Pipe Group and its competitors.
Is China Pipe Group's Cash Conversion Cycle too high?
China Pipe Group's current Cash Conversion Cycle is 231.57. The Retail - Cyclical industry median Cash Conversion Cycle is 68.41. China Pipe Group's value of 231.57 is 238.5% above this industry median. Overall, China Pipe Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Pipe Group's Cash Conversion Cycle compare to HD and LOW?
China Pipe Group's Cash Conversion Cycle of 231.57 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 68.41. China Pipe Group's value of 231.57 is 238.5% 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 68.41, based on 1,132 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. China Pipe Group's current Cash Conversion Cycle of 231.57 is 238.5% 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 China Pipe Group and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 68.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Pipe Group's current Cash Conversion Cycle is 231.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pipe Group stock overvalued right now?
Based on GuruFocus' analysis, China Pipe Group (HKSE:00380) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.12 — trading 37.8% above its estimated fair value. The current Cash Conversion Cycle is 231.57 and 238.5% above the Retail - Cyclical industry median of 68.41. China Pipe Group's overall GF Score™ is 50/100 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 China Pipe Group (HKSE:00380), the current Cash Conversion Cycle is 231.57 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 China Pipe Group (HKSE:00380) Overvalued in 2026?
Based on GuruFocus' analysis, China Pipe Group stock appears to be overvalued.
The current stock price of HK$0.12 is trading 37.8% above its estimated GF Value™ of HK$0.09.
GuruFocus considers China Pipe Group to be Significantly Overvalued.
Key valuation signals for HKSE:00380:
Cash Conversion Cycle: 231.57
GF Value™: HK$0.09 vs. price of HK$0.12 (37.8% above fair value)
Industry Position: 238.5% above the Retail - Cyclical median
No single metric tells the full story. See the HKSE:00380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Pipe Group Ltd is engaged in the importing and selling of a range of pipes, fittings, and other related accessories of different materials, applications, and brand names. Sales of the group's products are conducted either by wholesale or retail sale. The company operates under one operating segment, the trading of construction materials, mainly pipes and fittings. Geographically, it operates in Hong Kong, Macau, and Mainland China, with the majority of the revenue deriving from Hong Kong.
50GF Score
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