IRC's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 23.67.
IRC's Days Inventory for the
six
months ended in Dec. 2025 was 137.92.
IRC's Days Payable for the
six
months ended in Dec. 2025 was 34.1.
Therefore, IRC's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 127.49.
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.
IRC Cash Conversion Cycle Related Terms
IRC Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for IRC'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.
IRCWF vs NUE, STLD, RS: Cash Conversion Cycle Comparison
For the Steel subindustry, IRC'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.
IRC Cash Conversion Cycle vs Steel Industry
For the Steel industry and Basic Materials sector, IRC's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where IRC's Cash Conversion Cycle falls into.
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.
IRC's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
IRC (IRCWF) has a Cash Conversion Cycle of 127.49 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on IRC and its competitors.
Is IRC's Cash Conversion Cycle too high?
IRC's current Cash Conversion Cycle is 127.49. The Steel industry median Cash Conversion Cycle is 94.68. IRC's value of 127.49 is 34.7% above this industry median. Overall, IRC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does IRC's Cash Conversion Cycle compare to NUE and STLD?
IRC's Cash Conversion Cycle of 127.49 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 94.68. IRC's value of 127.49 is 34.7% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 94.68, based on 611 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. IRC's current Cash Conversion Cycle of 127.49 is 34.7% 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 IRC and its competitors. For the Steel industry, the median Cash Conversion Cycle is 94.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRC's current Cash Conversion Cycle is 127.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRC stock overvalued right now?
IRC (IRCWF) has a current Cash Conversion Cycle of 127.49. The stock's GF Value™ is $0.14, compared to a current price of $0.11 — trading 23.2% below its estimated fair value. The current Cash Conversion Cycle is 127.49 and 34.7% above the Steel industry median of 94.68. IRC's overall GF Score™ is 37/100 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 IRC (IRCWF), the current Cash Conversion Cycle is 127.49 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 IRC (IRCWF) Overvalued in 2026?
Based on GuruFocus' analysis, IRC stock appears to be undervalued.
The current stock price of $0.11 is trading 23.2% below its estimated GF Value™ of $0.14.
Key valuation signals for IRCWF:
Cash Conversion Cycle: 127.49
GF Value™: $0.14 vs. price of $0.11 (23.2% below fair value)
No single metric tells the full story. See the IRCWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
37GF 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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