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China Information Technology Development (HKSE:08178) 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.
China Information Technology Development Cash Conversion Cycle Related Terms
China Information Technology Development 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.
China Information Technology Development Cash Conversion Cycle Chart
China Information Technology Development Annual Data
HKSE:08178 vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, China Information Technology Development'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.
China Information Technology Development Cash Conversion Cycle vs Software Industry
China Information Technology Development 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.
China Information Technology Development (HKSE:08178) has a Cash Conversion Cycle of 116.41 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Information Technology Development and its competitors.
Is China Information Technology Development's Cash Conversion Cycle too high?
China Information Technology Development's current Cash Conversion Cycle is 116.41. The Software industry median Cash Conversion Cycle is 32.04. China Information Technology Development's value of 116.41 is 263.3% above this industry median. Overall, China Information Technology Development has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Information Technology Development's Cash Conversion Cycle compare to IBM and ACN?
China Information Technology Development's Cash Conversion Cycle of 116.41 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.04. China Information Technology Development's value of 116.41 is 263.3% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.04, based on 2,814 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. China Information Technology Development's current Cash Conversion Cycle of 116.41 is 263.3% 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 China Information Technology Development and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Information Technology Development's current Cash Conversion Cycle is 116.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Information Technology Development stock overvalued right now?
Based on GuruFocus' analysis, China Information Technology Development (HKSE:08178) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.18 — trading 74.6% below its estimated fair value. The current Cash Conversion Cycle is 116.41 and 263.3% above the Software industry median of 32.04. China Information Technology Development's overall GF Score™ is 29/100 with 6 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 China Information Technology Development (HKSE:08178), the current Cash Conversion Cycle is 116.41 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 China Information Technology Development (HKSE:08178) Overvalued in 2026?
Based on GuruFocus' analysis, China Information Technology Development stock appears to be undervalued.
The current stock price of HK$0.18 is trading 74.6% below its estimated GF Value™ of HK$0.70.
GuruFocus considers China Information Technology Development to be Possible Value Trap.
Key valuation signals for HKSE:08178:
Cash Conversion Cycle: 116.41
GF Value™: HK$0.70 vs. price of HK$0.18 (74.6% below fair value)
Industry Position: 263.3% above the Software median
No single metric tells the full story. See the HKSE:08178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Information Technology Development Ltd is an investment holding company. The company and its subsidiaries are principally engaged in provision of system integration and related support services, provision of IT infrastructure solutions and maintenance services, rental of properties and securities trading. It operates in three reportable segments: i) provision of IT infrastructure solutions and maintenance services (IT solutions and maintenance); ii) securities investments; and iii) rental of properties. It generates the majority of revenue from the IT solutions and maintenance segment. Geographically, the maximum revenue is generated from Hong Kong and the rest from the PRC except Hong Kong.
29GF 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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