PT Hexindo Adiperkasa Tbk (ISX:HEXA) Cash Conversion Cycle: 188.32 (As of Dec. 2025)


ISX:HEXA PT Hexindo Adiperkasa Tbk ISX:HEXA
88 GF Score
Price Rp4,350.00
GF Value Rp5,607.05
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Hexindo Adiperkasa Tbk Cash Conversion Cycle?

PT Hexindo Adiperkasa Tbk ISX:HEXA +1.16% 88 Cash Conversion Cycle is 188.32 as of Dec. 2025. GuruFocus rates ISX:HEXA with a GF Score™ of 88/100 and a GF Value™ of Rp5,607.05 (Modestly Undervalued). 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.

PT Hexindo Adiperkasa Tbk's Days Sales Outstanding for the three months ended in Dec. 2025 was 85.82.
PT Hexindo Adiperkasa Tbk's Days Inventory for the three months ended in Dec. 2025 was 187.15.
PT Hexindo Adiperkasa Tbk's Days Payable for the three months ended in Dec. 2025 was 84.65.
Therefore, PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 188.32.


PT Hexindo Adiperkasa Tbk  (ISX:HEXA) 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 Hexindo Adiperkasa Tbk Cash Conversion Cycle Related Terms


PT Hexindo Adiperkasa Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Cash Conversion Cycle Chart

PT Hexindo Adiperkasa Tbk Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.05 128.20 113.01 150.61 202.68

PT Hexindo Adiperkasa Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 179.96 174.56 245.22 204.41 188.32

ISX:HEXA vs GWW, FAST, FERG: Cash Conversion Cycle Comparison

For the Industrial Distribution subindustry, PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Cash Conversion Cycle vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle falls into.


ISX:HEXA
88GF Score
PT Hexindo Adiperkasa Tbk ISX:HEXA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=92.89+179.36-69.57
=202.68

PT Hexindo Adiperkasa Tbk'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
=85.82+187.15-84.65
=188.32

* 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 188.32 mean?
PT Hexindo Adiperkasa Tbk (ISX:HEXA) has a Cash Conversion Cycle of 188.32 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Hexindo Adiperkasa Tbk and its competitors.
Is PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle too high?
PT Hexindo Adiperkasa Tbk's current Cash Conversion Cycle is 188.32. The Industrial Distribution industry median Cash Conversion Cycle is 98.83. PT Hexindo Adiperkasa Tbk's value of 188.32 is 90.5% above this industry median. Overall, PT Hexindo Adiperkasa Tbk has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle compare to GWW and FAST?
PT Hexindo Adiperkasa Tbk's Cash Conversion Cycle of 188.32 can be compared against companies in the Industrial Distribution industry. The industry median Cash Conversion Cycle is 98.83. PT Hexindo Adiperkasa Tbk's value of 188.32 is 90.5% 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 an Industrial Distribution company?
The median Cash Conversion Cycle among Industrial Distribution companies is 98.83, based on 157 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 Hexindo Adiperkasa Tbk's current Cash Conversion Cycle of 188.32 is 90.5% 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 Hexindo Adiperkasa Tbk and its competitors. For the Industrial Distribution industry, the median Cash Conversion Cycle is 98.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hexindo Adiperkasa Tbk's current Cash Conversion Cycle is 188.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hexindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk (ISX:HEXA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp5,607.05, compared to a current price of Rp4,350.00 — trading 22.4% below its estimated fair value. The current Cash Conversion Cycle is 188.32 and 90.5% above the Industrial Distribution industry median of 98.83. PT Hexindo Adiperkasa Tbk's overall GF Score™ is 88/100 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 PT Hexindo Adiperkasa Tbk (ISX:HEXA), the current Cash Conversion Cycle is 188.32 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 PT Hexindo Adiperkasa Tbk (ISX:HEXA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp4,350.00 is trading 22.4% below its estimated GF Value™ of Rp5,607.05. GuruFocus considers PT Hexindo Adiperkasa Tbk to be Modestly Undervalued.

Key valuation signals for ISX:HEXA:

  • Cash Conversion Cycle: 188.32
  • GF Value™: Rp5,607.05 vs. price of Rp4,350.00 (22.4% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 90.5% above the Industrial Distribution median

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


PT Hexindo Adiperkasa Tbk Business Description

Other Exchanges HX1A:Germany
Address Jalan Pulo Kambing II, Kav. I-II No. 33, Kawasan Industri Pulogadung, Jakarta, IDN, 13930
PT Hexindo Adiperkasa Tbk distributes heavy equipment and spare parts in Indonesia. Its products include Mini Excavators, Medium Excavators, Large Excavators / Loading Shovels, Wheel Loaders, Rigid Frame Trucks, BELL Articulated Dump Trucks, Used Equipment, ConSite, and Industry Solutions. The company serves the mining, construction, agribusiness, and forestry industries. It has branches and representative offices across Indonesia, including Banda Aceh, Medan, Jakarta, Semarang, Balikpapan, Samarinda, Jayapura, Makassar, Palu, and Kendari, among others.
88GF Score

Get the complete analysis for ISX:HEXA

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

Rp4,350.00
Price
Rp5,607.05
GF Value