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Asia Pioneer Entertainment Holdings (HKSE:08400) 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.
Asia Pioneer Entertainment Holdings Cash Conversion Cycle Related Terms
Asia Pioneer Entertainment 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.
Asia Pioneer Entertainment Holdings Cash Conversion Cycle Chart
HKSE:08400 vs FLUT, DKNG, SGHC: Cash Conversion Cycle Comparison
For the Gambling subindustry, Asia Pioneer Entertainment 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.
Asia Pioneer Entertainment Holdings Cash Conversion Cycle vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Asia Pioneer Entertainment Holdings's Cash Conversion Cycle falls into.
Asia Pioneer Entertainment 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.
Asia Pioneer Entertainment Holdings (HKSE:08400) has a Cash Conversion Cycle of 31.54 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Asia Pioneer Entertainment Holdings and its competitors.
Is Asia Pioneer Entertainment Holdings' Cash Conversion Cycle too high?
Asia Pioneer Entertainment Holdings' current Cash Conversion Cycle is 31.54. The Travel & Leisure industry median Cash Conversion Cycle is 10.08. Asia Pioneer Entertainment Holdings' value of 31.54 is 212.9% above this industry median.
How does Asia Pioneer Entertainment Holdings' Cash Conversion Cycle compare to FLUT and DKNG?
Asia Pioneer Entertainment Holdings' Cash Conversion Cycle of 31.54 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.08. Asia Pioneer Entertainment Holdings' value of 31.54 is 212.9% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.08, based on 839 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. Asia Pioneer Entertainment Holdings's current Cash Conversion Cycle of 31.54 is 212.9% 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 Asia Pioneer Entertainment Holdings and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Pioneer Entertainment Holdings's current Cash Conversion Cycle is 31.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Pioneer Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings (HKSE:08400) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.10 — trading 18.8% above its estimated fair value. The current Cash Conversion Cycle is 31.54 and 212.9% above the Travel & Leisure industry median of 10.08. 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 Asia Pioneer Entertainment Holdings (HKSE:08400), the current Cash Conversion Cycle is 31.54 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.
Asia Pioneer Entertainment Holdings Business Description
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.
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