PT Aksara Global Development Tbk (ISX:GAMA) Cash Conversion Cycle: 74,365.81 (As of Sep. 2022)


ISX:GAMA PT Aksara Global Development Tbk ISX:GAMA
4 GF Score
Price Rp18.00
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What is PT Aksara Global Development Tbk Cash Conversion Cycle?

PT Aksara Global Development Tbk ISX:GAMA 4 Cash Conversion Cycle is 74,365.81 as of Sep. 2022. GuruFocus rates ISX:GAMA with a GF Score™ of 4/100.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

PT Aksara Global Development Tbk's Days Sales Outstanding for the three months ended in Sep. 2022 was 1424.88.
PT Aksara Global Development Tbk's Days Inventory for the three months ended in Sep. 2022 was 77551.28.
PT Aksara Global Development Tbk's Days Payable for the three months ended in Sep. 2022 was 4610.35.
Therefore, PT Aksara Global Development Tbk's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 74,365.81.


PT Aksara Global Development Tbk  (ISX:GAMA) 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.


PT Aksara Global Development Tbk Cash Conversion Cycle Related Terms


PT Aksara Global Development Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Aksara Global Development Tbk'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.

PT Aksara Global Development Tbk Cash Conversion Cycle Chart

PT Aksara Global Development Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,686.55 3,506.01 4,189.48 6,445.04 13,109.81

PT Aksara Global Development Tbk Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Premium Member Only Premium Member Only 15,554.53 14,796.89 8,960.33 164,676.20 74,365.81

PT Aksara Global Development Tbk Cash Conversion Cycle Competitor Comparison

For the Real Estate - Development subindustry, PT Aksara Global Development 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 Aksara Global Development Tbk Cash Conversion Cycle vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Aksara Global Development Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Aksara Global Development Tbk's Cash Conversion Cycle falls into.


ISX:GAMA
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PT Aksara Global Development Tbk ISX:GAMA
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PT Aksara Global Development Tbk 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.

PT Aksara Global Development Tbk's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=213.81+13997.08-1101.08
=13,109.81

PT Aksara Global Development Tbk's Cash Conversion Cycle for the quarter that ended in Sep. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1424.88+77551.28-4610.35
=74,365.81

* 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 74,365.81 mean?
PT Aksara Global Development Tbk (ISX:GAMA) has a Cash Conversion Cycle of 74,365.81 as of Sep. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Aksara Global Development Tbk and its competitors.
Is PT Aksara Global Development Tbk's Cash Conversion Cycle too high?
PT Aksara Global Development Tbk's current Cash Conversion Cycle is 74,365.81. The Real Estate industry median Cash Conversion Cycle is 321.71. PT Aksara Global Development Tbk's value of 74,365.81 is 23015.8% above this industry median. Overall, PT Aksara Global Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Aksara Global Development Tbk's Cash Conversion Cycle compare to competitors?
PT Aksara Global Development Tbk's Cash Conversion Cycle of 74,365.81 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 321.71. PT Aksara Global Development Tbk's value of 74,365.81 is 23015.8% 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 321.71, based on 1,731 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 Aksara Global Development Tbk's current Cash Conversion Cycle of 74,365.81 is 23015.8% 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 Aksara Global Development Tbk and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 321.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Aksara Global Development Tbk's current Cash Conversion Cycle is 74,365.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Aksara Global Development Tbk stock overvalued right now?
PT Aksara Global Development Tbk (ISX:GAMA) has a current Cash Conversion Cycle of 74,365.81. The current Cash Conversion Cycle is 74,365.81 and 23015.8% above the Real Estate industry median of 321.71. PT Aksara Global Development Tbk's overall GF Score™ is 4/100. 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 Aksara Global Development Tbk (ISX:GAMA), the current Cash Conversion Cycle is 74,365.81 as of Sep. 2022. 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.

PT Aksara Global Development Tbk Business Description

Address Jalan Otista Raya No. 23, RT 003 RW 011, Kec. Ciputat, Kota Tangerang Selatan, Banten, IDN, 15412
PT Aksara Global Development Tbk is engaged in the development of affordable homes and apartments which cater to Indonesia's expanding middle-class income families in growing second-tier cities and urban areas. The company's operating segment includes Apartments; Houses and others. It generates maximum revenue from the Apartment segment.
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