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.
PT Distribusi Voucher Nusantara Tbk Cash Conversion Cycle Related Terms
PT Distribusi Voucher Nusantara Tbk 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.
ISX:DIVA vs UBER, SHOP, CRM: Cash Conversion Cycle Comparison
For the Software - Application subindustry, PT Distribusi Voucher Nusantara Tbk'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.
PT Distribusi Voucher Nusantara Tbk Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, PT Distribusi Voucher Nusantara Tbk's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where PT Distribusi Voucher Nusantara Tbk'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.
* 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.
PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) has a Cash Conversion Cycle of 40.53 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Distribusi Voucher Nusantara Tbk and its competitors.
Is PT Distribusi Voucher Nusantara Tbk's Cash Conversion Cycle too high?
PT Distribusi Voucher Nusantara Tbk's current Cash Conversion Cycle is 40.53. The Software industry median Cash Conversion Cycle is 32.20. PT Distribusi Voucher Nusantara Tbk's value of 40.53 is 25.9% above this industry median. Overall, PT Distribusi Voucher Nusantara Tbk has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Distribusi Voucher Nusantara Tbk's Cash Conversion Cycle compare to UBER and SHOP?
PT Distribusi Voucher Nusantara Tbk's Cash Conversion Cycle of 40.53 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.20. PT Distribusi Voucher Nusantara Tbk's value of 40.53 is 25.9% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.20, based on 2,798 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. PT Distribusi Voucher Nusantara Tbk's current Cash Conversion Cycle of 40.53 is 25.9% 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 PT Distribusi Voucher Nusantara Tbk and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Distribusi Voucher Nusantara Tbk's current Cash Conversion Cycle is 40.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Distribusi Voucher Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp119.12, compared to a current price of Rp106.00 — trading 11% below its estimated fair value. The current Cash Conversion Cycle is 40.53 and 25.9% above the Software industry median of 32.20. PT Distribusi Voucher Nusantara Tbk's overall GF Score™ is 74/100 with 3 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 PT Distribusi Voucher Nusantara Tbk (ISX:DIVA), the current Cash Conversion Cycle is 40.53 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.
Is PT Distribusi Voucher Nusantara Tbk (ISX:DIVA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Distribusi Voucher Nusantara Tbk stock appears to be undervalued.
The current stock price of Rp106.00 is trading 11% below its estimated GF Value™ of Rp119.12.
GuruFocus considers PT Distribusi Voucher Nusantara Tbk to be Modestly Undervalued.
Key valuation signals for ISX:DIVA:
Cash Conversion Cycle: 40.53
GF Value™: Rp119.12 vs. price of Rp106.00 (11% below fair value)
Industry Position: 25.9% above the Software median
No single metric tells the full story. See the ISX:DIVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Distribusi Voucher Nusantara Tbk Business Description
PT Distribusi Voucher Nusantara Tbk provides business-to-business and business-to-customer software solutions. The company's operating segment includes Digital Products and Services including telecommunication pulses, internet data packages, electricity tokens, e-vouchers, travel products, and digital payment services , Digital Financial Services, Tour and Travel, and Other Revenue from the Ecosystem. It generates maximum revenue from the Digital products and services segment. The company's products include Diva Intelligent IM and Diva Chat Commerce.
74GF Score
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