Pioneer Cement (KAR:PIOC) Cash Conversion Cycle: 66.99 (As of Mar. 2026)


KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨273.85
GF Value ₨134.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pioneer Cement Cash Conversion Cycle?

Pioneer Cement KAR:PIOC 84 Cash Conversion Cycle is 66.99 as of Mar. 2026. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨134.39 (Significantly Overvalued). 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.

Pioneer Cement's Days Sales Outstanding for the three months ended in Mar. 2026 was 17.2.
Pioneer Cement's Days Inventory for the three months ended in Mar. 2026 was 88.76.
Pioneer Cement's Days Payable for the three months ended in Mar. 2026 was 38.97.
Therefore, Pioneer Cement's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 66.99.


Pioneer Cement  (KAR:PIOC) 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.


Pioneer Cement Cash Conversion Cycle Related Terms


Pioneer Cement Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pioneer Cement'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.

Pioneer Cement Cash Conversion Cycle Chart

Pioneer Cement 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 -2.44 -6.88 10.88 30.56 54.88

Pioneer Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.73 58.38 65.75 60.14 66.99

KAR:PIOC vs CRH, VMC, MLM: Cash Conversion Cycle Comparison

For the Building Materials subindustry, Pioneer Cement'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.


Pioneer Cement Cash Conversion Cycle vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Pioneer Cement's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pioneer Cement's Cash Conversion Cycle falls into.


KAR:PIOC
84GF Score
Pioneer Cement Ltd KAR:PIOC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Cement 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.

Pioneer Cement'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
=20+89.95-55.07
=54.88

Pioneer Cement'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
=17.2+88.76-38.97
=66.99

* 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 66.99 mean?
Pioneer Cement (KAR:PIOC) has a Cash Conversion Cycle of 66.99 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pioneer Cement and its competitors.
Is Pioneer Cement's Cash Conversion Cycle too high?
Pioneer Cement's current Cash Conversion Cycle is 66.99. The Building Materials industry median Cash Conversion Cycle is 75.61. Pioneer Cement's value of 66.99 is 11.4% below this industry median. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's Cash Conversion Cycle compare to CRH and VMC?
Pioneer Cement's Cash Conversion Cycle of 66.99 can be compared against companies in the Building Materials industry. The industry median Cash Conversion Cycle is 75.61. Pioneer Cement's value of 66.99 is 11.4% 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 Building Materials company?
The median Cash Conversion Cycle among Building Materials companies is 75.61, based on 402 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. Pioneer Cement's current Cash Conversion Cycle of 66.99 is 11.4% 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 Pioneer Cement and its competitors. For the Building Materials industry, the median Cash Conversion Cycle is 75.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current Cash Conversion Cycle is 66.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Cement stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Cement (KAR:PIOC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨134.39, compared to a current price of ₨273.85 — trading 103.8% above its estimated fair value. The current Cash Conversion Cycle is 66.99 and 11.4% below the Building Materials industry median of 75.61. Pioneer Cement's overall GF Score™ is 84/100 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 Pioneer Cement (KAR:PIOC), the current Cash Conversion Cycle is 66.99 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.

Is Pioneer Cement (KAR:PIOC) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued. The current stock price of ₨273.85 is trading 103.8% above its estimated GF Value™ of ₨134.39. GuruFocus considers Pioneer Cement to be Significantly Overvalued.

Key valuation signals for KAR:PIOC:

  • Cash Conversion Cycle: 66.99
  • GF Value™: ₨134.39 vs. price of ₨273.85 (103.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 11.4% below the Building Materials median

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


Pioneer Cement Business Description

Address 64-B/I, Gulberg-III, Lahore, PB, PAK
Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:PIOC

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

₨273.85
Price
₨134.39
GF Value