PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Cash Conversion Cycle: 11.24 (As of Mar. 2026)


ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
67 GF Score
Price Rp134.00
GF Value Rp230.30
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Mandiri Herindo Adiperkasa Tbk Cash Conversion Cycle?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA 67 Cash Conversion Cycle is 11.24 as of Mar. 2026. GuruFocus rates ISX:MAHA with a GF Score™ of 67/100 and a GF Value™ of Rp230.30 (Significantly Undervalued). The stock has 3 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 Mandiri Herindo Adiperkasa Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 54.13.
PT Mandiri Herindo Adiperkasa Tbk's Days Inventory for the three months ended in Mar. 2026 was 11.76.
PT Mandiri Herindo Adiperkasa Tbk's Days Payable for the three months ended in Mar. 2026 was 54.65.
Therefore, PT Mandiri Herindo Adiperkasa Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 11.24.


PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Cash Conversion Cycle Related Terms


PT Mandiri Herindo Adiperkasa Tbk Cash Conversion Cycle Historical Data

* Premium members only.

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

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 11.77 0.44 1.65 8.43 7.64

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 7.28 15.38 10.59 3.31 11.24

ISX:MAHA vs ODFL, XPO, KNX: Cash Conversion Cycle Comparison

For the Trucking subindustry, PT Mandiri Herindo 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 Mandiri Herindo Adiperkasa Tbk Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Cash Conversion Cycle distribution charts can be found below:

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


ISX:MAHA
67GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mandiri Herindo 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 Mandiri Herindo Adiperkasa 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
=54.79+13.04-60.19
=7.64

PT Mandiri Herindo Adiperkasa 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
=54.13+11.76-54.65
=11.24

* 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 11.24 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Cash Conversion Cycle of 11.24 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Mandiri Herindo Adiperkasa Tbk and its competitors.
Is PT Mandiri Herindo Adiperkasa Tbk's Cash Conversion Cycle too high?
PT Mandiri Herindo Adiperkasa Tbk's current Cash Conversion Cycle is 11.24. The Transportation industry median Cash Conversion Cycle is 20.28. PT Mandiri Herindo Adiperkasa Tbk's value of 11.24 is 44.6% below this industry median. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Cash Conversion Cycle compare to ODFL and XPO?
PT Mandiri Herindo Adiperkasa Tbk's Cash Conversion Cycle of 11.24 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.28. PT Mandiri Herindo Adiperkasa Tbk's value of 11.24 is 44.6% below 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 20.28, based on 999 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 Mandiri Herindo Adiperkasa Tbk's current Cash Conversion Cycle of 11.24 is 44.6% below 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 Mandiri Herindo Adiperkasa Tbk and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mandiri Herindo Adiperkasa Tbk's current Cash Conversion Cycle is 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp230.30, compared to a current price of Rp134.00 — trading 41.8% below its estimated fair value. The current Cash Conversion Cycle is 11.24 and 44.6% below the Transportation industry median of 20.28. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 67/100 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Cash Conversion Cycle is 11.24 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp134.00 is trading 41.8% below its estimated GF Value™ of Rp230.30. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • Cash Conversion Cycle: 11.24
  • GF Value™: Rp230.30 vs. price of Rp134.00 (41.8% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 44.6% below the Transportation median

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
67GF Score

Get the complete analysis for ISX:MAHA

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

Rp134.00
Price
Rp230.30
GF Value