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Shangshan Gold International Holdings (HKSE:01939) 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.
Shangshan Gold International Holdings Cash Conversion Cycle Related Terms
Shangshan Gold International Holdings Cash Conversion Cycle Historical Data
* 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.
Shangshan Gold International Holdings Cash Conversion Cycle Chart
HKSE:01939 vs CASY, WSM, ULTA: Cash Conversion Cycle Comparison
For the Specialty Retail subindustry, Shangshan Gold International Holdings'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.
Shangshan Gold International Holdings Cash Conversion Cycle vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shangshan Gold International Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Shangshan Gold International Holdings's Cash Conversion Cycle falls into.
Shangshan Gold International Holdings 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.
* 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.
Shangshan Gold International Holdings (HKSE:01939) has a Cash Conversion Cycle of 752.58 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shangshan Gold International Holdings and its competitors.
Is Shangshan Gold International Holdings' Cash Conversion Cycle too high?
Shangshan Gold International Holdings' current Cash Conversion Cycle is 752.58. The Retail - Cyclical industry median Cash Conversion Cycle is 67.82. Shangshan Gold International Holdings' value of 752.58 is 1009.7% above this industry median. Overall, Shangshan Gold International Holdings has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shangshan Gold International Holdings' Cash Conversion Cycle compare to CASY and WSM?
Shangshan Gold International Holdings' Cash Conversion Cycle of 752.58 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 67.82. Shangshan Gold International Holdings' value of 752.58 is 1009.7% 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 67.82, 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. Shangshan Gold International Holdings's current Cash Conversion Cycle of 752.58 is 1009.7% 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 Shangshan Gold International Holdings and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 67.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangshan Gold International Holdings's current Cash Conversion Cycle is 752.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangshan Gold International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shangshan Gold International Holdings (HKSE:01939) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.32, compared to a current price of HK$0.40 — trading 70.1% below its estimated fair value. The current Cash Conversion Cycle is 752.58 and 1009.7% above the Retail - Cyclical industry median of 67.82. Shangshan Gold International Holdings' overall GF Score™ is 56/100 with 4 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 Shangshan Gold International Holdings (HKSE:01939), the current Cash Conversion Cycle is 752.58 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 Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?
Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued.
The current stock price of HK$0.40 is trading 70.1% below its estimated GF Value™ of HK$1.32.
GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01939:
Cash Conversion Cycle: 752.58
GF Value™: HK$1.32 vs. price of HK$0.40 (70.1% below fair value)
Industry Position: 1009.7% above the Retail - Cyclical median
No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
56GF Score
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