BOC Kenya (NAI:BOC) Cash Conversion Cycle: 183.35 (As of Dec. 2025)

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NAI:BOC BOC Kenya PLC NAI:BOC
72 GF Score
Price KES171.00
GF Value KES90.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BOC Kenya Cash Conversion Cycle?

BOC Kenya NAI:BOC +0.44% 72 Cash Conversion Cycle is 183.35 as of Dec. 2025. GuruFocus rates NAI:BOC with a GF Score™ of 72/100 and a GF Value™ of KES90.18 (Significantly Overvalued). The stock has 3 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.

BOC Kenya's Days Sales Outstanding for the six months ended in Dec. 2025 was 116.39.
BOC Kenya's Days Inventory for the six months ended in Dec. 2025 was 97.11.
BOC Kenya's Days Payable for the six months ended in Dec. 2025 was 30.15.
Therefore, BOC Kenya's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 183.35.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Cash Conversion Cycle Related Terms


BOC Kenya Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for BOC Kenya'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.

BOC Kenya Cash Conversion Cycle Chart

BOC Kenya 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 154.17 196.01 165.71 223.76 183.35

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 154.17 196.01 165.71 223.76 183.35

NAI:BOC vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where BOC Kenya's Cash Conversion Cycle falls into.


NAI:BOC
72GF Score
BOC Kenya PLC NAI:BOC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya 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.

BOC Kenya'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
=116.39+97.11-30.15
=183.35

BOC Kenya'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
=116.39+97.11-30.15
=183.35

* 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 183.35 mean?
BOC Kenya (NAI:BOC) has a Cash Conversion Cycle of 183.35 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BOC Kenya and its competitors.
Is BOC Kenya's Cash Conversion Cycle too high?
BOC Kenya's current Cash Conversion Cycle is 183.35. The Chemicals industry median Cash Conversion Cycle is 88.88. BOC Kenya's value of 183.35 is 106.3% above this industry median. Overall, BOC Kenya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Cash Conversion Cycle compare to DOW?
BOC Kenya's Cash Conversion Cycle of 183.35 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 88.88. BOC Kenya's value of 183.35 is 106.3% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 88.88, based on 1,579 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. BOC Kenya's current Cash Conversion Cycle of 183.35 is 106.3% 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 BOC Kenya and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 88.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current Cash Conversion Cycle is 183.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.18, compared to a current price of KES171.00 — trading 89.6% above its estimated fair value. The current Cash Conversion Cycle is 183.35 and 106.3% above the Chemicals industry median of 88.88. BOC Kenya's overall GF Score™ is 72/100 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 BOC Kenya (NAI:BOC), the current Cash Conversion Cycle is 183.35 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 BOC Kenya (NAI:BOC) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued. The current stock price of KES171.00 is trading 89.6% above its estimated GF Value™ of KES90.18. GuruFocus considers BOC Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BOC:

  • Cash Conversion Cycle: 183.35
  • GF Value™: KES90.18 vs. price of KES171.00 (89.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 106.3% above the Chemicals median

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


BOC Kenya Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
72GF Score

Get the complete analysis for NAI:BOC

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

KES171.00
Price
KES90.18
GF Value