Win Hanverky Holdings (HKSE:03322) Cash Conversion Cycle: 100.01 (As of Dec. 2025)

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HKSE:03322 Win Hanverky Holdings Ltd HKSE:03322
36 GF Score
Price HK$0.19
GF Value HK$0.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Win Hanverky Holdings Cash Conversion Cycle?

Win Hanverky Holdings HKSE:03322 +2.70% 36 Cash Conversion Cycle is 100.01 as of Dec. 2025. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 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.

Win Hanverky Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 43.7.
Win Hanverky Holdings's Days Inventory for the six months ended in Dec. 2025 was 94.85.
Win Hanverky Holdings's Days Payable for the six months ended in Dec. 2025 was 38.54.
Therefore, Win Hanverky Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 100.01.


Win Hanverky Holdings  (HKSE:03322) 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.


Win Hanverky Holdings Cash Conversion Cycle Related Terms


Win Hanverky Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Win Hanverky Holdings'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.

Win Hanverky Holdings Cash Conversion Cycle Chart

Win Hanverky Holdings 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 151.79 155.56 153.66 102.13 108.30

Win Hanverky Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 124.38 101.22 96.77 102.64 100.01

HKSE:03322 vs RL, LEVI, VFC: Cash Conversion Cycle Comparison

For the Apparel Manufacturing subindustry, Win Hanverky 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.


Win Hanverky Holdings Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Win Hanverky Holdings's Cash Conversion Cycle falls into.


HKSE:03322
36GF Score
Win Hanverky Holdings Ltd HKSE:03322
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Win Hanverky 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.

Win Hanverky Holdings'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
=53.91+91.73-37.34
=108.30

Win Hanverky Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=43.7+94.85-38.54
=100.01

* 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 100.01 mean?
Win Hanverky Holdings (HKSE:03322) has a Cash Conversion Cycle of 100.01 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Win Hanverky Holdings and its competitors.
Is Win Hanverky Holdings' Cash Conversion Cycle too high?
Win Hanverky Holdings' current Cash Conversion Cycle is 100.01. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.30. Win Hanverky Holdings' value of 100.01 is 19.5% below this industry median. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Cash Conversion Cycle compare to RL and LEVI?
Win Hanverky Holdings' Cash Conversion Cycle of 100.01 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.30. Win Hanverky Holdings' value of 100.01 is 19.5% 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 124.30, based on 1,042 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. Win Hanverky Holdings's current Cash Conversion Cycle of 100.01 is 19.5% 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 Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current Cash Conversion Cycle is 100.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Cash Conversion Cycle is 100.01 and 19.5% below the Manufacturing - Apparel & Accessories industry median of 124.30. Win Hanverky Holdings' overall GF Score™ is 36/100 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 Win Hanverky Holdings (HKSE:03322), the current Cash Conversion Cycle is 100.01 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 Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?

Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17. GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03322:

  • Cash Conversion Cycle: 100.01
  • GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 19.5% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Win Hanverky Holdings Business Description

Address 481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF 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$0.19
Price
HK$0.17
GF Value