PT Jasa Armada Indonesia Tbk (ISX:IPCM) Cash Conversion Cycle: 90.20 (As of Mar. 2026)


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
94 GF Score
Price Rp328.00
GF Value Rp349.85
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Jasa Armada Indonesia Tbk Cash Conversion Cycle?

PT Jasa Armada Indonesia Tbk ISX:IPCM 94 Cash Conversion Cycle is 90.20 as of Mar. 2026. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp349.85 (Fairly Valued). The stock has 4 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 Jasa Armada Indonesia Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 96.01.
PT Jasa Armada Indonesia Tbk's Days Inventory for the three months ended in Mar. 2026 was 7.6.
PT Jasa Armada Indonesia Tbk's Days Payable for the three months ended in Mar. 2026 was 13.41.
Therefore, PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 90.20.


PT Jasa Armada Indonesia Tbk  (ISX:IPCM) 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 Jasa Armada Indonesia Tbk Cash Conversion Cycle Related Terms


PT Jasa Armada Indonesia Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Cash Conversion Cycle Chart

PT Jasa Armada Indonesia 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 12.29 10.19 19.93 58.65 92.04

PT Jasa Armada Indonesia 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 68.43 38.21 34.27 58.77 90.20

PT Jasa Armada Indonesia Tbk Cash Conversion Cycle Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle falls into.


ISX:IPCM
94GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Armada Indonesia 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 Jasa Armada Indonesia 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
=93.84+7.83-9.63
=92.04

PT Jasa Armada Indonesia 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
=96.01+7.6-13.41
=90.20

* 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 90.20 mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Cash Conversion Cycle of 90.20 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Jasa Armada Indonesia Tbk and its competitors.
Is PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle too high?
PT Jasa Armada Indonesia Tbk's current Cash Conversion Cycle is 90.20. The Transportation industry median Cash Conversion Cycle is 20.26. PT Jasa Armada Indonesia Tbk's value of 90.20 is 345.3% above this industry median. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle compare to competitors?
PT Jasa Armada Indonesia Tbk's Cash Conversion Cycle of 90.20 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.26. PT Jasa Armada Indonesia Tbk's value of 90.20 is 345.3% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.26, based on 1,000 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 Jasa Armada Indonesia Tbk's current Cash Conversion Cycle of 90.20 is 345.3% 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 Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Cash Conversion Cycle is 90.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp349.85, compared to a current price of Rp328.00 — trading 6.2% below its estimated fair value. The current Cash Conversion Cycle is 90.20 and 345.3% above the Transportation industry median of 20.26. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 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 PT Jasa Armada Indonesia Tbk (ISX:IPCM), the current Cash Conversion Cycle is 90.20 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp328.00 is trading 6.2% below its estimated GF Value™ of Rp349.85. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:IPCM:

  • Cash Conversion Cycle: 90.20
  • GF Value™: Rp349.85 vs. price of Rp328.00 (6.2% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 345.3% above the Transportation median

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score

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

Rp328.00
Price
Rp349.85
GF Value