Aspen Pharmacare Holdings (JSE:APN) Cash Conversion Cycle: 315.99 (As of Dec. 2025)


JSE:APN Aspen Pharmacare Holdings Ltd JSE:APN
71 GF Score
Price R157.74
GF Value R178.08
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Aspen Pharmacare Holdings Cash Conversion Cycle?

Aspen Pharmacare Holdings JSE:APN +0.47% 71 Cash Conversion Cycle is 315.99 as of Dec. 2025. GuruFocus rates JSE:APN with a GF Score™ of 71/100 and a GF Value™ of R178.08 (Modestly Undervalued). The stock has 10 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.

Aspen Pharmacare Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 110.68.
Aspen Pharmacare Holdings's Days Inventory for the six months ended in Dec. 2025 was 317.22.
Aspen Pharmacare Holdings's Days Payable for the six months ended in Dec. 2025 was 111.91.
Therefore, Aspen Pharmacare Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 315.99.


Aspen Pharmacare Holdings  (JSE:APN) 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.


Aspen Pharmacare Holdings Cash Conversion Cycle Related Terms


Aspen Pharmacare Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Aspen Pharmacare Holdings'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.

Aspen Pharmacare Holdings Cash Conversion Cycle Chart

Aspen Pharmacare Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 292.48 275.25 309.33 294.74 295.66

Aspen Pharmacare Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 282.98 238.11 334.98 229.41 315.99

JSE:APN vs ZTS, UTHR, VTRS: Cash Conversion Cycle Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aspen Pharmacare Holdings'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.


Aspen Pharmacare Holdings Cash Conversion Cycle vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aspen Pharmacare Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Aspen Pharmacare Holdings's Cash Conversion Cycle falls into.


JSE:APN
71GF Score
Aspen Pharmacare Holdings Ltd JSE:APN
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen Pharmacare Holdings 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.

Aspen Pharmacare Holdings's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.15+271.19-63.68
=295.66

Aspen Pharmacare Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=110.68+317.22-111.91
=315.99

* 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 315.99 mean?
Aspen Pharmacare Holdings (JSE:APN) has a Cash Conversion Cycle of 315.99 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Aspen Pharmacare Holdings and its competitors.
Is Aspen Pharmacare Holdings' Cash Conversion Cycle too high?
Aspen Pharmacare Holdings' current Cash Conversion Cycle is 315.99. The Drug Manufacturers industry median Cash Conversion Cycle is 145.92. Aspen Pharmacare Holdings' value of 315.99 is 116.6% above this industry median. Overall, Aspen Pharmacare Holdings has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Pharmacare Holdings' Cash Conversion Cycle compare to ZTS and UTHR?
Aspen Pharmacare Holdings' Cash Conversion Cycle of 315.99 can be compared against companies in the Drug Manufacturers industry. The industry median Cash Conversion Cycle is 145.92. Aspen Pharmacare Holdings' value of 315.99 is 116.6% 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 Drug Manufacturers company?
The median Cash Conversion Cycle among Drug Manufacturers companies is 145.92, based on 947 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. Aspen Pharmacare Holdings's current Cash Conversion Cycle of 315.99 is 116.6% 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 Aspen Pharmacare Holdings and its competitors. For the Drug Manufacturers industry, the median Cash Conversion Cycle is 145.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Pharmacare Holdings's current Cash Conversion Cycle is 315.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Pharmacare Holdings stock overvalued right now?
Based on GuruFocus' analysis, Aspen Pharmacare Holdings (JSE:APN) is currently considered Modestly Undervalued. The stock's GF Value™ is R178.08, compared to a current price of R157.74 — trading 11.4% below its estimated fair value. The current Cash Conversion Cycle is 315.99 and 116.6% above the Drug Manufacturers industry median of 145.92. Aspen Pharmacare Holdings' overall GF Score™ is 71/100 with 10 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 Aspen Pharmacare Holdings (JSE:APN), the current Cash Conversion Cycle is 315.99 as of Dec. 2025. 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 Aspen Pharmacare Holdings (JSE:APN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Pharmacare Holdings stock appears to be undervalued. The current stock price of R157.74 is trading 11.4% below its estimated GF Value™ of R178.08. GuruFocus considers Aspen Pharmacare Holdings to be Modestly Undervalued.

Key valuation signals for JSE:APN:

  • Cash Conversion Cycle: 315.99
  • GF Value™: R178.08 vs. price of R157.74 (11.4% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 116.6% above the Drug Manufacturers median

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


Aspen Pharmacare Holdings Business Description

Address Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF
Aspen Pharmacare Holdings Ltd is a multinational pharmaceutical company. The group focuses on marketing and manufacturing a broad range of post-patent, branded medicines and domestic brands covering both hospital and consumer markets. The business segments of the group are split between the Commercial Pharmaceuticals and Manufacturing segments. The Commercial Pharmaceuticals business segments are: Injectables, Over-the-counter, and Prescription. The Manufacturing business segments are: Active Pharmaceutical Ingredients, Finished Dose Form, and Heparin. Its geographic regions are Africa Middle East, Europe CIS, Australasia, Asia, and America.
71GF Score

Get the complete analysis for JSE:APN

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

R157.74
Price
R178.08
GF Value