PT Multi Spunindo Jaya Tbk (ISX:MSJA) Cash Conversion Cycle: 94.41 (As of Mar. 2026)


ISX:MSJA PT Multi Spunindo Jaya Tbk ISX:MSJA
36 GF Score
Price Rp410.00
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What is PT Multi Spunindo Jaya Tbk Cash Conversion Cycle?

PT Multi Spunindo Jaya Tbk ISX:MSJA +0.49% 36 Cash Conversion Cycle is 94.41 as of Mar. 2026. GuruFocus rates ISX:MSJA with a GF Score™ of 36/100. 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 Multi Spunindo Jaya Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 63.58.
PT Multi Spunindo Jaya Tbk's Days Inventory for the three months ended in Mar. 2026 was 56.87.
PT Multi Spunindo Jaya Tbk's Days Payable for the three months ended in Mar. 2026 was 26.04.
Therefore, PT Multi Spunindo Jaya Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 94.41.


PT Multi Spunindo Jaya Tbk  (ISX:MSJA) 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 Spunindo Jaya Tbk Cash Conversion Cycle Related Terms


PT Multi Spunindo Jaya Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Multi Spunindo Jaya 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 Spunindo Jaya Tbk Cash Conversion Cycle Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 52.83 61.38 68.30 71.48 84.91

PT Multi Spunindo Jaya Tbk Quarterly Data
Dec20 Dec21 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 85.14 84.12 84.18 84.94 94.41

PT Multi Spunindo Jaya Tbk Cash Conversion Cycle Competitor Comparison

For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Spunindo Jaya Tbk Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Cash Conversion Cycle distribution charts can be found below:

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


ISX:MSJA
36GF Score
PT Multi Spunindo Jaya Tbk ISX:MSJA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Spunindo Jaya 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 Spunindo Jaya 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
=56.75+55.77-27.61
=84.91

PT Multi Spunindo Jaya 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
=63.58+56.87-26.04
=94.41

* 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 94.41 mean?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a Cash Conversion Cycle of 94.41 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 Spunindo Jaya Tbk and its competitors.
Is PT Multi Spunindo Jaya Tbk's Cash Conversion Cycle too high?
PT Multi Spunindo Jaya Tbk's current Cash Conversion Cycle is 94.41. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 123.67. PT Multi Spunindo Jaya Tbk's value of 94.41 is 23.7% below this industry median. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Cash Conversion Cycle compare to competitors?
PT Multi Spunindo Jaya Tbk's Cash Conversion Cycle of 94.41 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 123.67. PT Multi Spunindo Jaya Tbk's value of 94.41 is 23.7% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 123.67, based on 1,034 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 Spunindo Jaya Tbk's current Cash Conversion Cycle of 94.41 is 23.7% 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 Multi Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 123.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Cash Conversion Cycle is 94.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a current Cash Conversion Cycle of 94.41. The current Cash Conversion Cycle is 94.41 and 23.7% below the Manufacturing - Apparel & Accessories industry median of 123.67. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 36/100 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Cash Conversion Cycle is 94.41 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 Spunindo Jaya Tbk Business Description

Address Desa Jabaran, Kec. Belongbendo, Krian, Sidoarjo, Jawa Timur, IDN, 61263
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
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