Minerva Group Holding (HKSE:00397) Cash Conversion Cycle: -523.22 (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.

What is Minerva Group Holding Cash Conversion Cycle?

Minerva Group Holding HKSE:00397 +4.65% Cash Conversion Cycle is -523.22 as of Dec. 2025. 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.

Minerva Group Holding's Days Sales Outstanding for the six months ended in Dec. 2025 was 650.35.
Minerva Group Holding's Days Inventory for the six months ended in Dec. 2025 was 0.
Minerva Group Holding's Days Payable for the six months ended in Dec. 2025 was 1173.57.
Therefore, Minerva Group Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was -523.22.


Minerva Group Holding  (HKSE:00397) 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.


Minerva Group Holding Cash Conversion Cycle Related Terms


Minerva Group Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Minerva Group Holding'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.

Minerva Group Holding Cash Conversion Cycle Chart

Minerva Group Holding 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 -293.94 -1,081.51 -689.50 -434.15 -326.48

Minerva Group Holding Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -1,286.87 -1,493.61 -60.55 -523.22 -505.87

HKSE:00397 vs FRHC, VOYA: Cash Conversion Cycle Comparison

For the Financial Conglomerates subindustry, Minerva Group Holding'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.


Minerva Group Holding Cash Conversion Cycle vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Minerva Group Holding's Cash Conversion Cycle falls into.



Minerva Group Holding 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.

Minerva Group Holding'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
=613.81+0-940.29
=-326.48

Minerva Group Holding'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
=650.35+0-1173.57
=-523.22

* 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 -523.22 mean?
Minerva Group Holding (HKSE:00397) has a Cash Conversion Cycle of -523.22 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Minerva Group Holding and its competitors.
Is Minerva Group Holding's Cash Conversion Cycle too high?
Minerva Group Holding's current Cash Conversion Cycle is -523.22.
How does Minerva Group Holding's Cash Conversion Cycle compare to FRHC and VOYA?
Minerva Group Holding's Cash Conversion Cycle of -523.22 can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good Cash Conversion Cycle depends on the Diversified Financial Services industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Minerva Group Holding and its competitors. Minerva Group Holding's current Cash Conversion Cycle is -523.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Minerva Group Holding (HKSE:00397) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.05 — trading 59.1% below its estimated fair value. The current Cash Conversion Cycle is -523.22. 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 Minerva Group Holding (HKSE:00397), the current Cash Conversion Cycle is -523.22 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.

Minerva Group Holding Business Description

Address 16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG
Minerva Group Holding Ltd is a comprehensive wealth management service provider in Hong Kong mainly engaged in financial services business, money lending business, and assets investment. Its segments are Financial services segment engaged in provision of financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; Money lending segment engaged in provision of loan financing in Hong Kong; and Assets investment segment engaged in investments in debt securities earning fixed interest income, investments in properties earning rental income and capital gains, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains.