PT Multi Hanna Kreasindo Tbk (ISX:MHKI) Cash Conversion Cycle: 82.86 (As of Mar. 2026)


ISX:MHKI PT Multi Hanna Kreasindo Tbk ISX:MHKI
13 GF Score
Price Rp119.00
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What is PT Multi Hanna Kreasindo Tbk Cash Conversion Cycle?

PT Multi Hanna Kreasindo Tbk ISX:MHKI -0.83% 13 Cash Conversion Cycle is 82.86 as of Mar. 2026. GuruFocus rates ISX:MHKI with a GF Score™ of 13/100. 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 Multi Hanna Kreasindo Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.55.
PT Multi Hanna Kreasindo Tbk's Days Inventory for the three months ended in Mar. 2026 was 64.33.
PT Multi Hanna Kreasindo Tbk's Days Payable for the three months ended in Mar. 2026 was 49.02.
Therefore, PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 82.86.


PT Multi Hanna Kreasindo Tbk  (ISX:MHKI) 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 Multi Hanna Kreasindo Tbk Cash Conversion Cycle Related Terms


PT Multi Hanna Kreasindo Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Cash Conversion Cycle Chart

PT Multi Hanna Kreasindo Tbk Annual Data
Trend Dec23 Dec24 Dec25
Cash Conversion Cycle
49.25 39.11 37.74

PT Multi Hanna Kreasindo Tbk Quarterly Data
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 32.05 28.99 40.06 38.82 82.86

ISX:MHKI vs WM, RSG, WCN: Cash Conversion Cycle Comparison

For the Waste Management subindustry, PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Cash Conversion Cycle vs Waste Management Industry

For the Waste Management industry and Industrials sector, PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle falls into.


ISX:MHKI
13GF Score
PT Multi Hanna Kreasindo Tbk ISX:MHKI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo 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
=42.87+27.04-32.17
=37.74

PT Multi Hanna Kreasindo 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
=67.55+64.33-49.02
=82.86

* 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 82.86 mean?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a Cash Conversion Cycle of 82.86 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Multi Hanna Kreasindo Tbk and its competitors.
Is PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle too high?
PT Multi Hanna Kreasindo Tbk's current Cash Conversion Cycle is 82.86. The Waste Management industry median Cash Conversion Cycle is 49.62. PT Multi Hanna Kreasindo Tbk's value of 82.86 is 67% above this industry median. Overall, PT Multi Hanna Kreasindo Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle compare to WM and RSG?
PT Multi Hanna Kreasindo Tbk's Cash Conversion Cycle of 82.86 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 49.62. PT Multi Hanna Kreasindo Tbk's value of 82.86 is 67% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 49.62, based on 239 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 Multi Hanna Kreasindo Tbk's current Cash Conversion Cycle of 82.86 is 67% 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 Multi Hanna Kreasindo Tbk and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 49.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Hanna Kreasindo Tbk's current Cash Conversion Cycle is 82.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Hanna Kreasindo Tbk stock overvalued right now?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a current Cash Conversion Cycle of 82.86. The current Cash Conversion Cycle is 82.86 and 67% above the Waste Management industry median of 49.62. PT Multi Hanna Kreasindo Tbk's overall GF Score™ is 13/100 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 Multi Hanna Kreasindo Tbk (ISX:MHKI), the current Cash Conversion Cycle is 82.86 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.

PT Multi Hanna Kreasindo Tbk Business Description

Address Jalan Raya Narogong Km 12, No. 23, Pangkalan II No., Bantar Gebang, West Java, RT.003/RW.002, Cikiwul village, Bekasi, IDN, 17152
PT Multi Hanna Kreasindo Tbki conduct business in the fields of treatment and disposal of hazardous waste, railway freight forwarding and land transportation, wholesale trade, nonferrous metal and steel foundries, laboratory testing services, transportation, hazardous waste collection, other activities, professional, scientific and technical. The company has segment Services and Goods Sales. The company generates majority of revenue from Services segment activities include integrated waste transportation, processing and utilisation services with a emphasis on environmental sustainability. It offers a One Package Service as its Unique selling proposition (USP), encompassing transportation, collection, processing, and utilization of both hazardous (B3) and non-hazardous waste.
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