New Sparkle Roll International Group (HKSE:00970) Cash Conversion Cycle: 57.02 (As of Mar. 2026)

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HKSE:00970 New Sparkle Roll International Group Ltd HKSE:00970
37 GF Score
Price HK$0.31
GF Value HK$0.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is New Sparkle Roll International Group Cash Conversion Cycle?

New Sparkle Roll International Group HKSE:00970 37 Cash Conversion Cycle is 57.02 as of Mar. 2026. GuruFocus rates HKSE:00970 with a GF Score™ of 37/100 and a GF Value™ of HK$0.39 (Modestly Undervalued). 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.

New Sparkle Roll International Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 3.03.
New Sparkle Roll International Group's Days Inventory for the six months ended in Mar. 2026 was 54.88.
New Sparkle Roll International Group's Days Payable for the six months ended in Mar. 2026 was 0.89.
Therefore, New Sparkle Roll International Group's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 57.02.


New Sparkle Roll International Group  (HKSE:00970) 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.


New Sparkle Roll International Group Cash Conversion Cycle Related Terms


New Sparkle Roll International Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for New Sparkle Roll International 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.

New Sparkle Roll International Group Cash Conversion Cycle Chart

New Sparkle Roll International Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.21 131.95 126.55 132.90 75.94

New Sparkle Roll International Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 119.33 162.31 131.34 77.71 57.02

HKSE:00970 vs CVNA, PAG, KMX: Cash Conversion Cycle Comparison

For the Auto & Truck Dealerships subindustry, New Sparkle Roll International 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.


New Sparkle Roll International Group Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Sparkle Roll International Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where New Sparkle Roll International Group's Cash Conversion Cycle falls into.


HKSE:00970
37GF Score
New Sparkle Roll International Group Ltd HKSE:00970
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Sparkle Roll International 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.

New Sparkle Roll International Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.85+72.83-0.74
=75.94

New Sparkle Roll International Group's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.03+54.88-0.89
=57.02

* 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 57.02 mean?
New Sparkle Roll International Group (HKSE:00970) has a Cash Conversion Cycle of 57.02 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on New Sparkle Roll International Group and its competitors.
Is New Sparkle Roll International Group's Cash Conversion Cycle too high?
New Sparkle Roll International Group's current Cash Conversion Cycle is 57.02. The Vehicles & Parts industry median Cash Conversion Cycle is 66.95. New Sparkle Roll International Group's value of 57.02 is 14.8% below this industry median. Overall, New Sparkle Roll International Group has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Sparkle Roll International Group's Cash Conversion Cycle compare to CVNA and PAG?
New Sparkle Roll International Group's Cash Conversion Cycle of 57.02 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 66.95. New Sparkle Roll International Group's value of 57.02 is 14.8% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 66.95, based on 1,322 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. New Sparkle Roll International Group's current Cash Conversion Cycle of 57.02 is 14.8% 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 New Sparkle Roll International Group and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 66.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Sparkle Roll International Group's current Cash Conversion Cycle is 57.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Sparkle Roll International Group stock overvalued right now?
Based on GuruFocus' analysis, New Sparkle Roll International Group (HKSE:00970) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.31 — trading 21.8% below its estimated fair value. The current Cash Conversion Cycle is 57.02 and 14.8% below the Vehicles & Parts industry median of 66.95. New Sparkle Roll International Group's overall GF Score™ is 37/100 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 New Sparkle Roll International Group (HKSE:00970), the current Cash Conversion Cycle is 57.02 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 New Sparkle Roll International Group (HKSE:00970) Overvalued in 2026?

Based on GuruFocus' analysis, New Sparkle Roll International Group stock appears to be undervalued. The current stock price of HK$0.31 is trading 21.8% below its estimated GF Value™ of HK$0.39. GuruFocus considers New Sparkle Roll International Group to be Modestly Undervalued.

Key valuation signals for HKSE:00970:

  • Cash Conversion Cycle: 57.02
  • GF Value™: HK$0.39 vs. price of HK$0.31 (21.8% below fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 14.8% below the Vehicles & Parts median

No single metric tells the full story. See the HKSE:00970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Sparkle Roll International Group Business Description

Address 60 Gloucester Road, 23rd Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships, Non-auto dealerships, Property management and Others. The company generates maximum revenue from the Auto dealership segment, which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. The Non-auto Dealership segment engages in the distribution of branded watches, jewelry, wines, audio equipment, menswear apparel, smokers' accessories, and cigars. The Property Management and Others segment engages in the provision of property management, property rental, money lending, movie development, and investment business.
37GF Score

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

HK$0.31
Price
HK$0.39
GF Value