PT Golden Energy Mines Tbk (ISX:GEMS) Cash Conversion Cycle: -18.94 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:GEMS PT Golden Energy Mines Tbk ISX:GEMS
90 GF Score
Price Rp6,775.00
GF Value Rp7,791.66
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Golden Energy Mines Tbk Cash Conversion Cycle?

PT Golden Energy Mines Tbk ISX:GEMS +1.12% 90 Cash Conversion Cycle is -18.94 as of Mar. 2026. GuruFocus rates ISX:GEMS with a GF Score™ of 90/100 and a GF Value™ of Rp7,791.66 (Modestly Undervalued). The stock has 5 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.

PT Golden Energy Mines Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 34.
PT Golden Energy Mines Tbk's Days Inventory for the three months ended in Mar. 2026 was 9.69.
PT Golden Energy Mines Tbk's Days Payable for the three months ended in Mar. 2026 was 62.63.
Therefore, PT Golden Energy Mines Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -18.94.


PT Golden Energy Mines Tbk  (ISX:GEMS) 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 Golden Energy Mines Tbk Cash Conversion Cycle Related Terms


PT Golden Energy Mines Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Golden Energy Mines 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 Golden Energy Mines Tbk Cash Conversion Cycle Chart

PT Golden Energy Mines Tbk 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 -32.05 -17.59 -22.39 -25.70 -20.56

PT Golden Energy Mines Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -23.14 -21.87 -17.79 -19.19 -18.94

PT Golden Energy Mines Tbk Cash Conversion Cycle Competitor Comparison

For the Thermal Coal subindustry, PT Golden Energy Mines 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 Golden Energy Mines Tbk Cash Conversion Cycle vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Golden Energy Mines Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Golden Energy Mines Tbk's Cash Conversion Cycle falls into.


ISX:GEMS
90GF Score
PT Golden Energy Mines Tbk ISX:GEMS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Golden Energy Mines 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 Golden Energy Mines Tbk'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
=32.85+6.92-60.33
=-20.56

PT Golden Energy Mines Tbk's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=34+9.69-62.63
=-18.94

* 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 -18.94 mean?
PT Golden Energy Mines Tbk (ISX:GEMS) has a Cash Conversion Cycle of -18.94 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Golden Energy Mines Tbk and its competitors.
Is PT Golden Energy Mines Tbk's Cash Conversion Cycle too high?
PT Golden Energy Mines Tbk's current Cash Conversion Cycle is -18.94. Overall, PT Golden Energy Mines Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Energy Mines Tbk's Cash Conversion Cycle compare to competitors?
PT Golden Energy Mines Tbk's Cash Conversion Cycle of -18.94 can be compared against companies in the Other Energy Sources industry. The industry median Cash Conversion Cycle is 12.93. 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 an Other Energy Sources company?
The median Cash Conversion Cycle among Other Energy Sources companies is 12.93, based on 130 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. 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 Golden Energy Mines Tbk and its competitors. For the Other Energy Sources industry, the median Cash Conversion Cycle is 12.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Energy Mines Tbk's current Cash Conversion Cycle is -18.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Energy Mines Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk (ISX:GEMS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp7,791.66, compared to a current price of Rp6,775.00 — trading 13% below its estimated fair value. The current Cash Conversion Cycle is -18.94. PT Golden Energy Mines Tbk's overall GF Score™ is 90/100 with 5 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 Golden Energy Mines Tbk (ISX:GEMS), the current Cash Conversion Cycle is -18.94 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 Golden Energy Mines Tbk (ISX:GEMS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Energy Mines Tbk stock appears to be undervalued. The current stock price of Rp6,775.00 is trading 13% below its estimated GF Value™ of Rp7,791.66. GuruFocus considers PT Golden Energy Mines Tbk to be Modestly Undervalued.

Key valuation signals for ISX:GEMS:

  • Cash Conversion Cycle: -18.94
  • GF Value™: Rp7,791.66 vs. price of Rp6,775.00 (13% below fair value)
  • GF Score™: 90/100 with 5 warning signs

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


PT Golden Energy Mines Tbk Business Description

Address Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350
PT Golden Energy Mines Tbk is an Indonesian-based company. Along with its subsidiary, it is engaged in the mining and coal trading business. The company is structured into two segments, namely, the Coal Mining Segment and the Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in five concession areas: South Kalimantan, Central Kalimantan, Jambi, and South Sumatra. The majority of its revenue is derived from the Coal Mining segment.
90GF Score

Get the complete analysis for ISX:GEMS

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

Rp6,775.00
Price
Rp7,791.66
GF Value