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Man Shing Global Holdings's Days Sales Outstanding for the
six
months ended in Mar. 2026 was 46.17.
Man Shing Global Holdings's Days Inventory for the
six
months ended in Mar. 2026 was 0.
Man Shing Global Holdings's Days Payable for the
six
months ended in Mar. 2026 was 12.02.
Therefore, Man Shing Global Holdings's Cash Conversion Cycle (CCC) for the
six
months ended in Mar. 2026 was 34.15.
Man Shing Global Holdings (HKSE:08309) 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.
Man Shing Global Holdings Cash Conversion Cycle Related Terms
Man Shing Global 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.
Man Shing Global Holdings Cash Conversion Cycle Chart
HKSE:08309 vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Man Shing Global 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.
Man Shing Global Holdings Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Man Shing Global Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Man Shing Global Holdings's Cash Conversion Cycle falls into.
Man Shing Global 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.
Man Shing Global Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 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.
Man Shing Global Holdings (HKSE:08309) has a Cash Conversion Cycle of 34.15 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Man Shing Global Holdings and its competitors.
Is Man Shing Global Holdings' Cash Conversion Cycle too high?
Man Shing Global Holdings' current Cash Conversion Cycle is 34.15. The Waste Management industry median Cash Conversion Cycle is 48.54. Man Shing Global Holdings' value of 34.15 is 29.6% below this industry median.
How does Man Shing Global Holdings' Cash Conversion Cycle compare to WM and RSG?
Man Shing Global Holdings' Cash Conversion Cycle of 34.15 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 48.54. Man Shing Global Holdings' value of 34.15 is 29.6% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 48.54, based on 236 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. Man Shing Global Holdings's current Cash Conversion Cycle of 34.15 is 29.6% 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 Man Shing Global Holdings and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 48.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current Cash Conversion Cycle is 34.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current Cash Conversion Cycle is 34.15 and 29.6% below the Waste Management industry median of 48.54. 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 Man Shing Global Holdings (HKSE:08309), the current Cash Conversion Cycle is 34.15 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.
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.
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