Pakistan Refinery's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 24.59.
Pakistan Refinery's Days Inventory for the
three
months ended in Mar. 2026 was 41.09.
Pakistan Refinery's Days Payable for the
three
months ended in Mar. 2026 was 52.81.
Therefore, Pakistan Refinery's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 12.87.
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.
Pakistan Refinery Cash Conversion Cycle Related Terms
Pakistan Refinery Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Pakistan Refinery'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.
KAR:PRL vs VLO, MPC, PSX: Cash Conversion Cycle Comparison
For the Oil & Gas Refining & Marketing subindustry, Pakistan Refinery'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.
Pakistan Refinery Cash Conversion Cycle vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pakistan Refinery's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Pakistan Refinery's Cash Conversion Cycle falls into.
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.
Pakistan Refinery's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Pakistan Refinery (KAR:PRL) has a Cash Conversion Cycle of 12.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pakistan Refinery and its competitors.
Is Pakistan Refinery's Cash Conversion Cycle too high?
Pakistan Refinery's current Cash Conversion Cycle is 12.87. The Oil & Gas industry median Cash Conversion Cycle is 18.37. Pakistan Refinery's value of 12.87 is 29.9% below this industry median. Overall, Pakistan Refinery has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Refinery's Cash Conversion Cycle compare to VLO and MPC?
Pakistan Refinery's Cash Conversion Cycle of 12.87 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. Pakistan Refinery's value of 12.87 is 29.9% 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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. Pakistan Refinery's current Cash Conversion Cycle of 12.87 is 29.9% 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 Pakistan Refinery and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Refinery's current Cash Conversion Cycle is 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Refinery stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Refinery (KAR:PRL) is currently considered Fairly Valued. The stock's GF Value™ is ₨32.24, compared to a current price of ₨34.94 — trading 8.4% above its estimated fair value. The current Cash Conversion Cycle is 12.87 and 29.9% below the Oil & Gas industry median of 18.37. Pakistan Refinery's overall GF Score™ is 80/100 with 3 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 Pakistan Refinery (KAR:PRL), the current Cash Conversion Cycle is 12.87 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 Pakistan Refinery (KAR:PRL) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan Refinery stock appears to be overvalued.
The current stock price of ₨34.94 is trading 8.4% above its estimated GF Value™ of ₨32.24.
GuruFocus considers Pakistan Refinery to be Fairly Valued.
Key valuation signals for KAR:PRL:
Cash Conversion Cycle: 12.87
GF Value™: ₨32.24 vs. price of ₨34.94 (8.4% above fair value)
Industry Position: 29.9% below the Oil & Gas median
No single metric tells the full story. See the KAR:PRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan Refinery Ltd is a manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. Its products include liquefied petroleum gas, motor gasoline, kerosene oil, jet fuels, high-speed diesel and furnace oil. Its refinery operates at two locations; the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.
80GF Score
Get the complete analysis for KAR:PRL
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:PRL has been successfully added to your 
