Pakistan Stock Exchange (KAR:PSX) Cash Conversion Cycle: 40.64 (As of Mar. 2026)


KAR:PSX Pakistan Stock Exchange Ltd KAR:PSX
72 GF Score
Price ₨52.93
GF Value ₨28.17
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pakistan Stock Exchange Cash Conversion Cycle?

Pakistan Stock Exchange KAR:PSX +0.80% 72 Cash Conversion Cycle is 40.64 as of Mar. 2026. GuruFocus rates KAR:PSX with a GF Score™ of 72/100 and a GF Value™ of ₨28.17 (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.

Pakistan Stock Exchange's Days Sales Outstanding for the three months ended in Mar. 2026 was 40.64.
Pakistan Stock Exchange's Days Inventory for the three months ended in Mar. 2026 was 0.
Pakistan Stock Exchange's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Pakistan Stock Exchange's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 40.64.


Pakistan Stock Exchange  (KAR:PSX) 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.


Pakistan Stock Exchange Cash Conversion Cycle Related Terms


Pakistan Stock Exchange Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pakistan Stock Exchange'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.

Pakistan Stock Exchange Cash Conversion Cycle Chart

Pakistan Stock Exchange 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 28.24 29.75 37.41 55.13 44.30

Pakistan Stock Exchange 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 60.80 49.58 48.78 50.17 40.64

KAR:PSX vs SPGI, CME, MCO: Cash Conversion Cycle Comparison

For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange'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 Stock Exchange Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pakistan Stock Exchange's Cash Conversion Cycle falls into.


KAR:PSX
72GF Score
Pakistan Stock Exchange Ltd KAR:PSX
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Pakistan Stock Exchange 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.

Pakistan Stock Exchange'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
=56.3+0-12
=44.30

Pakistan Stock Exchange'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
=40.64+0-0
=40.64

* 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 40.64 mean?
Pakistan Stock Exchange (KAR:PSX) has a Cash Conversion Cycle of 40.64 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pakistan Stock Exchange and its competitors.
Is Pakistan Stock Exchange's Cash Conversion Cycle too high?
Pakistan Stock Exchange's current Cash Conversion Cycle is 40.64. The Capital Markets industry median Cash Conversion Cycle is 1.69. Pakistan Stock Exchange's value of 40.64 is 2304.7% above this industry median. Overall, Pakistan Stock Exchange has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's Cash Conversion Cycle compare to SPGI and CME?
Pakistan Stock Exchange's Cash Conversion Cycle of 40.64 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.69. Pakistan Stock Exchange's value of 40.64 is 2304.7% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.69, based on 640 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 Stock Exchange's current Cash Conversion Cycle of 40.64 is 2304.7% 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 Pakistan Stock Exchange and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Stock Exchange's current Cash Conversion Cycle is 40.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Stock Exchange (KAR:PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨28.17, compared to a current price of ₨52.93 — trading 87.9% above its estimated fair value. The current Cash Conversion Cycle is 40.64 and 2304.7% above the Capital Markets industry median of 1.69. Pakistan Stock Exchange's overall GF Score™ is 72/100 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 Pakistan Stock Exchange (KAR:PSX), the current Cash Conversion Cycle is 40.64 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 Stock Exchange (KAR:PSX) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Stock Exchange stock appears to be overvalued. The current stock price of ₨52.93 is trading 87.9% above its estimated GF Value™ of ₨28.17. GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.

Key valuation signals for KAR:PSX:

  • Cash Conversion Cycle: 40.64
  • GF Value™: ₨28.17 vs. price of ₨52.93 (87.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 2304.7% above the Capital Markets median

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


Pakistan Stock Exchange Business Description

Address Stock Exchange Road, Stock Exchange Building, Karachi, SD, PAK, 74000
Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.
72GF Score

Get the complete analysis for KAR:PSX

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

₨52.93
Price
₨28.17
GF Value