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Ares Asia's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 76.3.
Ares Asia's Days Inventory for the
six
months ended in Mar. 2026 was 0.
Ares Asia's Days Payable for the
six
months ended in Mar. 2026 was 0.
Therefore, Ares Asia's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 76.30.
Ares Asia (HKSE:00645) 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.
Ares Asia Cash Conversion Cycle Related Terms
Ares Asia Cash Conversion Cycle Historical Data
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The historical data trend for Ares Asia'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.
Ares Asia Cash Conversion Cycle Competitor Comparison
For the Thermal Coal subindustry, Ares Asia'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.
Ares Asia Cash Conversion Cycle vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Ares Asia's Cash Conversion Cycle falls into.
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.
Ares Asia's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Ares Asia (HKSE:00645) has a Cash Conversion Cycle of 76.30 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ares Asia and its competitors.
Is Ares Asia's Cash Conversion Cycle too high?
Ares Asia's current Cash Conversion Cycle is 76.30. The Other Energy Sources industry median Cash Conversion Cycle is 12.61. Ares Asia's value of 76.30 is 505.1% above this industry median. Overall, Ares Asia has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's Cash Conversion Cycle compare to competitors?
Ares Asia's Cash Conversion Cycle of 76.30 can be compared against companies in the Other Energy Sources industry. The industry median Cash Conversion Cycle is 12.61. Ares Asia's value of 76.30 is 505.1% 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 an Other Energy Sources company?
The median Cash Conversion Cycle among Other Energy Sources companies is 12.61, based on 131 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. Ares Asia's current Cash Conversion Cycle of 76.30 is 505.1% 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 Ares Asia and its competitors. For the Other Energy Sources industry, the median Cash Conversion Cycle is 12.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current Cash Conversion Cycle is 76.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Based on GuruFocus' analysis, Ares Asia (HKSE:00645) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.18 — trading 1700% above its estimated fair value. The current Cash Conversion Cycle is 76.30 and 505.1% above the Other Energy Sources industry median of 12.61. Ares Asia's overall GF Score™ is 41/100 with 5 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 Ares Asia (HKSE:00645), the current Cash Conversion Cycle is 76.30 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 Ares Asia (HKSE:00645) Overvalued in 2026?
Based on GuruFocus' analysis, Ares Asia stock appears to be overvalued.
The current stock price of HK$0.18 is trading 1700% above its estimated GF Value™ of HK$0.01.
GuruFocus considers Ares Asia to be Significantly Overvalued.
Key valuation signals for HKSE:00645:
Cash Conversion Cycle: 76.30
GF Value™: HK$0.01 vs. price of HK$0.18 (1700% above fair value)
Industry Position: 505.1% above the Other Energy Sources median
No single metric tells the full story. See the HKSE:00645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
41GF 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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