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Nickel Asia's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 14.1.
Nickel Asia's Days Inventory for the
three
months ended in Jun. 2026 was 56.61.
Nickel Asia's Days Payable for the
three
months ended in Jun. 2026 was 94.32.
Therefore, Nickel Asia's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2026 was -23.61.
Nickel Asia (OTCPK:NCKAF) 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.
Nickel Asia Cash Conversion Cycle Related Terms
Nickel Asia Cash Conversion Cycle Historical Data
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The historical data trend for Nickel Asia'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.
Nickel Asia Cash Conversion Cycle Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia Cash Conversion Cycle vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
Nickel Asia (NCKAF) has a Cash Conversion Cycle of -23.61 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nickel Asia and its competitors.
Is Nickel Asia's Cash Conversion Cycle too high?
Nickel Asia's current Cash Conversion Cycle is -23.61. Overall, Nickel Asia has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Cash Conversion Cycle compare to competitors?
Nickel Asia's Cash Conversion Cycle of -23.61 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.20. 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 Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 15.20, based on 1,163 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. 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 Nickel Asia and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Asia's current Cash Conversion Cycle is -23.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.14, compared to a current price of $0.08 — trading 43.1% below its estimated fair value. The current Cash Conversion Cycle is -23.61. Nickel Asia's overall GF Score™ is 95/100 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 Nickel Asia (NCKAF), the current Cash Conversion Cycle is -23.61 as of Jun. 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 Nickel Asia (NCKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued.
The current stock price of $0.08 is trading 43.1% below its estimated GF Value™ of $0.14.
GuruFocus considers Nickel Asia to be Significantly Undervalued.
Key valuation signals for NCKAF:
Cash Conversion Cycle: -23.61
GF Value™: $0.14 vs. price of $0.08 (43.1% below fair value)
No single metric tells the full story. See the NCKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
95GF Score
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