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ManpowerGroup Greater China (HKSE:02180) 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.
ManpowerGroup Greater China Cash Conversion Cycle Related Terms
ManpowerGroup Greater China 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.
ManpowerGroup Greater China Cash Conversion Cycle Chart
HKSE:02180 vs KFY, RHI, TNET: Cash Conversion Cycle Comparison
For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.
ManpowerGroup Greater China Cash Conversion Cycle vs Business Services Industry
For the Business Services industry and Industrials sector, ManpowerGroup Greater China's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where ManpowerGroup Greater China's Cash Conversion Cycle falls into.
ManpowerGroup Greater China 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.
ManpowerGroup Greater China's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
ManpowerGroup Greater China (HKSE:02180) has a Cash Conversion Cycle of 8.12 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ManpowerGroup Greater China and its competitors.
Is ManpowerGroup Greater China's Cash Conversion Cycle too high?
ManpowerGroup Greater China's current Cash Conversion Cycle is 8.12. The Business Services industry median Cash Conversion Cycle is 38.22. ManpowerGroup Greater China's value of 8.12 is 78.8% below this industry median. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's Cash Conversion Cycle compare to KFY and RHI?
ManpowerGroup Greater China's Cash Conversion Cycle of 8.12 can be compared against companies in the Business Services industry. The industry median Cash Conversion Cycle is 38.22. ManpowerGroup Greater China's value of 8.12 is 78.8% 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 Business Services company?
The median Cash Conversion Cycle among Business Services companies is 38.22, based on 1,068 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. ManpowerGroup Greater China's current Cash Conversion Cycle of 8.12 is 78.8% 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 ManpowerGroup Greater China and its competitors. For the Business Services industry, the median Cash Conversion Cycle is 38.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current Cash Conversion Cycle is 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.2% below its estimated fair value. The current Cash Conversion Cycle is 8.12 and 78.8% below the Business Services industry median of 38.22. ManpowerGroup Greater China's overall GF Score™ is 93/100 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 ManpowerGroup Greater China (HKSE:02180), the current Cash Conversion Cycle is 8.12 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?
Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued.
The current stock price of HK$4.61 is trading 31.2% below its estimated GF Value™ of HK$6.69.
GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.
Key valuation signals for HKSE:02180:
Cash Conversion Cycle: 8.12
GF Value™: HK$6.69 vs. price of HK$4.61 (31.2% below fair value)
Industry Position: 78.8% below the Business Services median
No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF 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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