Dragon Mining (HKSE:01712) Cash Conversion Cycle: 75.29 (As of Jun. 2026)

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:01712 Dragon Mining Ltd HKSE:01712
73 GF Score
Price HK$7.44
GF Value HK$5.52
Valuation Significantly Overvalued
View Full Analysis

What is Dragon Mining Cash Conversion Cycle?

Dragon Mining HKSE:01712 73 Cash Conversion Cycle is 75.29 as of Jun. 2026. GuruFocus rates HKSE:01712 with a GF Score™ of 73/100 and a GF Value™ of HK$5.52 (Significantly Overvalued).

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Dragon Mining's Days Sales Outstanding for the six months ended in Jun. 2026 was 4.
Dragon Mining's Days Inventory for the six months ended in Jun. 2026 was 167.01.
Dragon Mining's Days Payable for the six months ended in Jun. 2026 was 95.72.
Therefore, Dragon Mining's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2026 was 75.29.


Dragon Mining  (HKSE:01712) 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.


Dragon Mining Cash Conversion Cycle Related Terms


Dragon Mining Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Dragon Mining'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.

Dragon Mining Cash Conversion Cycle Chart

Dragon Mining 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 141.81 128.71 94.69 91.65 93.80

Dragon Mining 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 102.50 100.13 77.25 94.56 75.29

HKSE:01712 vs NEM, AU, RGLD: Cash Conversion Cycle Comparison

For the Gold subindustry, Dragon Mining'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.


Dragon Mining Cash Conversion Cycle vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dragon Mining's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Dragon Mining's Cash Conversion Cycle falls into.


HKSE:01712
73GF Score
Dragon Mining Ltd HKSE:01712
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dragon Mining 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.

Dragon Mining'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
=3.51+140.4-50.11
=93.80

Dragon Mining's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4+167.01-95.72
=75.29

* 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 75.29 mean?
Dragon Mining (HKSE:01712) has a Cash Conversion Cycle of 75.29 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Dragon Mining and its competitors.
Is Dragon Mining's Cash Conversion Cycle too high?
Dragon Mining's current Cash Conversion Cycle is 75.29. The Metals & Mining industry median Cash Conversion Cycle is 16.35. Dragon Mining's value of 75.29 is 360.5% above this industry median. Overall, Dragon Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dragon Mining's Cash Conversion Cycle compare to NEM and AU?
Dragon Mining's Cash Conversion Cycle of 75.29 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 16.35. Dragon Mining's value of 75.29 is 360.5% 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 16.35, based on 1,163 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. Dragon Mining's current Cash Conversion Cycle of 75.29 is 360.5% 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 Dragon Mining and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 16.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dragon Mining's current Cash Conversion Cycle is 75.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragon Mining stock overvalued right now?
Based on GuruFocus' analysis, Dragon Mining (HKSE:01712) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.52, compared to a current price of HK$7.44 — trading 34.8% above its estimated fair value. The current Cash Conversion Cycle is 75.29 and 360.5% above the Metals & Mining industry median of 16.35. Dragon Mining's overall GF Score™ is 73/100. 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 Dragon Mining (HKSE:01712), the current Cash Conversion Cycle is 75.29 as of Jun. 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 Dragon Mining (HKSE:01712) Overvalued in 2026?

Based on GuruFocus' analysis, Dragon Mining stock appears to be overvalued. The current stock price of HK$7.44 is trading 34.8% above its estimated GF Value™ of HK$5.52. GuruFocus considers Dragon Mining to be Significantly Overvalued.

Key valuation signals for HKSE:01712:

  • Cash Conversion Cycle: 75.29
  • GF Value™: HK$5.52 vs. price of HK$7.44 (34.8% above fair value)
  • GF Score™: 73/100
  • Industry Position: 360.5% above the Metals & Mining median

No single metric tells the full story. See the HKSE:01712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dragon Mining Business Description

Address 77 South Perth Esplanade, Echelon Building, Unit 202, Level 2, South Perth, Perth, WA, AUS, 6151
Dragon Mining Ltd is principally engaged in gold exploration, mining, and processing in the Nordic region. The company's segments include Sweden that produces gold bullion from the processing of Vammala flotation concentrate and a toll treatment arrangement at the Svartliden Production Centre; and Finland produces gold concentrate from the Vammala Production Centre. It derives the majority of the revenue from Sweden segment. Its project portfolio includes Jokisivu Gold Mine, Kaapelinkulma Gold Mine, Orivesi Gold Mine, Uunimaki Gold Project, Faboliden Gold Mine, and Svartliden Gold Mine.
73GF Score

Get the complete analysis for HKSE:01712

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

HK$7.44
Price
HK$5.52
GF Value