GHW International (HKSE:09933) Cash Conversion Cycle: 23.21 (As of Dec. 2025)

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HKSE:09933 GHW International HKSE:09933
85 GF Score
Price HK$1.68
GF Value HK$1.79
Valuation Fairly Valued
! 6 Warning Signs
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What is GHW International Cash Conversion Cycle?

GHW International HKSE:09933 -0.59% 85 Cash Conversion Cycle is 23.21 as of Dec. 2025. GuruFocus rates HKSE:09933 with a GF Score™ of 85/100 and a GF Value™ of HK$1.79 (Fairly Valued). The stock has 6 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.

GHW International's Days Sales Outstanding for the six months ended in Dec. 2025 was 22.83.
GHW International's Days Inventory for the six months ended in Dec. 2025 was 36.11.
GHW International's Days Payable for the six months ended in Dec. 2025 was 35.73.
Therefore, GHW International's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 23.21.


GHW International  (HKSE:09933) 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.


GHW International Cash Conversion Cycle Related Terms


GHW International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for GHW International'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.

GHW International Cash Conversion Cycle Chart

GHW International 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 34.47 39.29 36.21 28.45 24.13

GHW International Semi-Annual Data
Dec16 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 33.82 28.14 24.25 30.13 23.21

HKSE:09933 vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, GHW International'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.


GHW International Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHW International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GHW International's Cash Conversion Cycle falls into.


HKSE:09933
85GF Score
GHW International HKSE:09933
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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GHW International 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.

GHW International'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
=25.47+38.73-40.07
=24.13

GHW International'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
=22.83+36.11-35.73
=23.21

* 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 23.21 mean?
GHW International (HKSE:09933) has a Cash Conversion Cycle of 23.21 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on GHW International and its competitors.
Is GHW International's Cash Conversion Cycle too high?
GHW International's current Cash Conversion Cycle is 23.21. The Chemicals industry median Cash Conversion Cycle is 87.88. GHW International's value of 23.21 is 73.6% below this industry median. Overall, GHW International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GHW International's Cash Conversion Cycle compare to DOW?
GHW International's Cash Conversion Cycle of 23.21 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 87.88. GHW International's value of 23.21 is 73.6% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 87.88, based on 1,584 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. GHW International's current Cash Conversion Cycle of 23.21 is 73.6% 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 GHW International and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 87.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GHW International's current Cash Conversion Cycle is 23.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHW International stock overvalued right now?
Based on GuruFocus' analysis, GHW International (HKSE:09933) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.79, compared to a current price of HK$1.68 — trading 6.4% below its estimated fair value. The current Cash Conversion Cycle is 23.21 and 73.6% below the Chemicals industry median of 87.88. GHW International's overall GF Score™ is 85/100 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 GHW International (HKSE:09933), the current Cash Conversion Cycle is 23.21 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 GHW International (HKSE:09933) Overvalued in 2026?

Based on GuruFocus' analysis, GHW International stock appears to be undervalued. The current stock price of HK$1.68 is trading 6.4% below its estimated GF Value™ of HK$1.79. GuruFocus considers GHW International to be Fairly Valued.

Key valuation signals for HKSE:09933:

  • Cash Conversion Cycle: 23.21
  • GF Value™: HK$1.79 vs. price of HK$1.68 (6.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 73.6% below the Chemicals median

No single metric tells the full story. See the HKSE:09933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHW International Business Description

Address No. 69 Aoti Street, Xincheng Science Park, 6th Building, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third-party manufacturers based in mainland China, the Southeast Asia region, Europe, and the United States. The company's business segment includes Methylamine Industry Series, Iodine derivatives and supporting products, Goldenhighway new materials, Advanced materials intermediates series, Green products, Healthcare and wellness, and Happy Elephant selections. Geographically, the company generates the majority of its revenue from the Mainland of China. It also has its presence in Europe; Vietnam; Other countries in Asia (excluding mainland China and Vietnam); and Others.
85GF Score

Get the complete analysis for HKSE:09933

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.68
Price
HK$1.79
GF Value