South Ocean Holdings (JSE:SOH) Cash Conversion Cycle: 87.11 (As of Dec. 2025)

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JSE:SOH South Ocean Holdings Ltd JSE:SOH
45 GF Score
Price R0.76
GF Value R1.55
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is South Ocean Holdings Cash Conversion Cycle?

South Ocean Holdings JSE:SOH 45 Cash Conversion Cycle is 87.11 as of Dec. 2025. GuruFocus rates JSE:SOH with a GF Score™ of 45/100 and a GF Value™ of R1.55 (Possible Value Trap). The stock has 9 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.

South Ocean Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 44.75.
South Ocean Holdings's Days Inventory for the six months ended in Dec. 2025 was 98.42.
South Ocean Holdings's Days Payable for the six months ended in Dec. 2025 was 56.06.
Therefore, South Ocean Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 87.11.


South Ocean Holdings  (JSE:SOH) 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.


South Ocean Holdings Cash Conversion Cycle Related Terms


South Ocean Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for South Ocean 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.

South Ocean Holdings Cash Conversion Cycle Chart

South Ocean Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.96 64.29 61.77 71.13 77.64

South Ocean 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 86.46 84.44 89.11 95.06 87.11

JSE:SOH vs VRT, BE, HUBB: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, South Ocean 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.


South Ocean Holdings Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Cash Conversion Cycle distribution charts can be found below:

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


JSE:SOH
45GF Score
South Ocean Holdings Ltd JSE:SOH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Ocean 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.

South Ocean Holdings'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
=35.78+95.71-53.85
=77.64

South Ocean 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
=44.75+98.42-56.06
=87.11

* 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 87.11 mean?
South Ocean Holdings (JSE:SOH) has a Cash Conversion Cycle of 87.11 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on South Ocean Holdings and its competitors.
Is South Ocean Holdings' Cash Conversion Cycle too high?
South Ocean Holdings' current Cash Conversion Cycle is 87.11. The Industrial Products industry median Cash Conversion Cycle is 121.77. South Ocean Holdings' value of 87.11 is 28.5% below this industry median. Overall, South Ocean Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does South Ocean Holdings' Cash Conversion Cycle compare to VRT and BE?
South Ocean Holdings' Cash Conversion Cycle of 87.11 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 121.77. South Ocean Holdings' value of 87.11 is 28.5% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 121.77, based on 3,026 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. South Ocean Holdings's current Cash Conversion Cycle of 87.11 is 28.5% 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 South Ocean Holdings and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 121.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Ocean Holdings's current Cash Conversion Cycle is 87.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Ocean Holdings stock overvalued right now?
Based on GuruFocus' analysis, South Ocean Holdings (JSE:SOH) is currently considered Possible Value Trap. The stock's GF Value™ is R1.55, compared to a current price of R0.76 — trading 51% below its estimated fair value. The current Cash Conversion Cycle is 87.11 and 28.5% below the Industrial Products industry median of 121.77. South Ocean Holdings' overall GF Score™ is 45/100 with 9 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 South Ocean Holdings (JSE:SOH), the current Cash Conversion Cycle is 87.11 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 South Ocean Holdings (JSE:SOH) Overvalued in 2026?

Based on GuruFocus' analysis, South Ocean Holdings stock appears to be undervalued. The current stock price of R0.76 is trading 51% below its estimated GF Value™ of R1.55. GuruFocus considers South Ocean Holdings to be Possible Value Trap.

Key valuation signals for JSE:SOH:

  • Cash Conversion Cycle: 87.11
  • GF Value™: R1.55 vs. price of R0.76 (51% below fair value)
  • GF Score™: 45/100 with 9 warning signs
  • Industry Position: 28.5% below the Industrial Products median

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


South Ocean Holdings Business Description

Address 16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing; and Property investments. The company earns maximum revenue from Electrical cable manufacturing segment which consists manufacturing and distribution of electric wire. The group operates in South Africa.
45GF Score

Get the complete analysis for JSE:SOH

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

R0.76
Price
R1.55
GF Value