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Best Pacific International Holdings (HKSE:02111) 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.
Best Pacific International Holdings Cash Conversion Cycle Related Terms
Best Pacific 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.
Best Pacific International Holdings Cash Conversion Cycle Chart
Best Pacific International Holdings Cash Conversion Cycle Competitor Comparison
For the Textile Manufacturing subindustry, Best Pacific 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.
Best Pacific International Holdings Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Best Pacific International Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Best Pacific International Holdings's Cash Conversion Cycle falls into.
Best Pacific 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.
Best Pacific International Holdings (HKSE:02111) has a Cash Conversion Cycle of 113.26 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Best Pacific International Holdings and its competitors.
Is Best Pacific International Holdings' Cash Conversion Cycle too high?
Best Pacific International Holdings' current Cash Conversion Cycle is 113.26. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.38. Best Pacific International Holdings' value of 113.26 is 8.9% below this industry median. Overall, Best Pacific International Holdings has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Best Pacific International Holdings' Cash Conversion Cycle compare to competitors?
Best Pacific International Holdings' Cash Conversion Cycle of 113.26 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.38. Best Pacific International Holdings' value of 113.26 is 8.9% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.38, based on 1,041 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. Best Pacific International Holdings's current Cash Conversion Cycle of 113.26 is 8.9% 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 Best Pacific International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Pacific International Holdings's current Cash Conversion Cycle is 113.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Pacific International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Best Pacific International Holdings (HKSE:02111) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.64, compared to a current price of HK$2.39 — trading 9.5% below its estimated fair value. The current Cash Conversion Cycle is 113.26 and 8.9% below the Manufacturing - Apparel & Accessories industry median of 124.38. Best Pacific International Holdings' overall GF Score™ is 88/100 with 2 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 Best Pacific International Holdings (HKSE:02111), the current Cash Conversion Cycle is 113.26 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.
Is Best Pacific International Holdings (HKSE:02111) Overvalued in 2026?
Based on GuruFocus' analysis, Best Pacific International Holdings stock appears to be undervalued.
The current stock price of HK$2.39 is trading 9.5% below its estimated GF Value™ of HK$2.64.
GuruFocus considers Best Pacific International Holdings to be Fairly Valued.
Key valuation signals for HKSE:02111:
Cash Conversion Cycle: 113.26
GF Value™: HK$2.64 vs. price of HK$2.39 (9.5% below fair value)
Industry Position: 8.9% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the HKSE:02111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Best Pacific International Holdings Business Description
Best Pacific International Holdings Ltd is engaged in the manufacturing and trading of elastic fabric, elastic webbing and lace. The company, along with its subsidiaries, is a lingerie materials manufacturer that provides one-stop solutions through its comprehensive product line of both lingerie materials and sportswear materials. Its segments are the Manufacturing and trading of elastic fabric and lace and the Manufacturing and trading of elastic webbing. Manufacturing and trading of elastic fabric and lace segments derive maximum revenue for the company that includes synthetic fibres that are used in high-end knitted lingerie, sportswear and apparel products.. The company's operations are spread across Chinese Mainland, Hong Kong, Vietnam, Sri Lanka, USA, Korea, Thailand, and others.
88GF Score
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