PT Maja Agung Latexindo Tbk (ISX:SURI) Cash Conversion Cycle: 216.20 (As of Mar. 2026)


ISX:SURI PT Maja Agung Latexindo Tbk ISX:SURI
28 GF Score
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What is PT Maja Agung Latexindo Tbk Cash Conversion Cycle?

PT Maja Agung Latexindo Tbk ISX:SURI +3.39% 28 Cash Conversion Cycle is 216.20 as of Mar. 2026. GuruFocus rates ISX:SURI with a GF Score™ of 28/100. The stock has 2 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 Maja Agung Latexindo Tbk's Days Sales Outstanding for the three months ended in Mar. 2026 was 117.18.
PT Maja Agung Latexindo Tbk's Days Inventory for the three months ended in Mar. 2026 was 181.62.
PT Maja Agung Latexindo Tbk's Days Payable for the three months ended in Mar. 2026 was 82.6.
Therefore, PT Maja Agung Latexindo Tbk's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 216.20.


PT Maja Agung Latexindo Tbk  (ISX:SURI) 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 Maja Agung Latexindo Tbk Cash Conversion Cycle Related Terms


PT Maja Agung Latexindo Tbk Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Cash Conversion Cycle Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 69.38 288.81 362.84 248.80 174.08

PT Maja Agung Latexindo 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 182.71 174.29 127.24 169.42 216.20

ISX:SURI vs ISRG, BDX, MDLN: Cash Conversion Cycle Comparison

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Cash Conversion Cycle vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Cash Conversion Cycle falls into.


ISX:SURI
28GF Score
PT Maja Agung Latexindo Tbk ISX:SURI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maja Agung Latexindo 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 Maja Agung Latexindo 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
=99.39+151.59-76.9
=174.08

PT Maja Agung Latexindo 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
=117.18+181.62-82.6
=216.20

* 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 216.20 mean?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a Cash Conversion Cycle of 216.20 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Maja Agung Latexindo Tbk and its competitors.
Is PT Maja Agung Latexindo Tbk's Cash Conversion Cycle too high?
PT Maja Agung Latexindo Tbk's current Cash Conversion Cycle is 216.20. The Medical Devices & Instruments industry median Cash Conversion Cycle is 156.96. PT Maja Agung Latexindo Tbk's value of 216.20 is 37.7% above this industry median. Overall, PT Maja Agung Latexindo Tbk has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does PT Maja Agung Latexindo Tbk's Cash Conversion Cycle compare to ISRG and BDX?
PT Maja Agung Latexindo Tbk's Cash Conversion Cycle of 216.20 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 156.96. PT Maja Agung Latexindo Tbk's value of 216.20 is 37.7% 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 Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 156.96, based on 817 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 Maja Agung Latexindo Tbk's current Cash Conversion Cycle of 216.20 is 37.7% 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 Maja Agung Latexindo Tbk and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 156.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maja Agung Latexindo Tbk's current Cash Conversion Cycle is 216.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maja Agung Latexindo Tbk stock overvalued right now?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a current Cash Conversion Cycle of 216.20. The current Cash Conversion Cycle is 216.20 and 37.7% above the Medical Devices & Instruments industry median of 156.96. PT Maja Agung Latexindo Tbk's overall GF Score™ is 28/100 with 2 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 Maja Agung Latexindo Tbk (ISX:SURI), the current Cash Conversion Cycle is 216.20 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.

PT Maja Agung Latexindo Tbk Business Description

Address Jalan. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.
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