PHOE (Phoenix Asia Holdings) Cash Conversion Cycle: 99.22 (As of Sep. 2025)


PHOE Phoenix Asia Holdings Ltd PHOE
24 GF Score
Price $19.51
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What is Phoenix Asia Holdings Cash Conversion Cycle?

Phoenix Asia Holdings PHOE +9.61% 24 Cash Conversion Cycle is 99.22 as of Sep. 2025. GuruFocus rates PHOE with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Phoenix Asia Holdings's Days Sales Outstanding for the six months ended in Sep. 2025 was 176.94.
Phoenix Asia Holdings's Days Inventory for the six months ended in Sep. 2025 was 0.
Phoenix Asia Holdings's Days Payable for the six months ended in Sep. 2025 was 77.72.
Therefore, Phoenix Asia Holdings's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 99.22.


Phoenix Asia Holdings  (NAS:PHOE) 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.


Phoenix Asia Holdings Cash Conversion Cycle Related Terms


Phoenix Asia Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Phoenix Asia Holdings'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.

Phoenix Asia Holdings Cash Conversion Cycle Chart

Phoenix Asia Holdings Annual Data
Trend Mar23 Mar24 Mar25
Cash Conversion Cycle
86.73 32.69 2.82

Phoenix Asia Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Cash Conversion Cycle Get a 7-Day Free Trial 33.58 25.71 31.91 13.67 99.22

PHOE vs ESOA, MTRX, MCDIF: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Phoenix Asia Holdings'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.


Phoenix Asia Holdings Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Phoenix Asia Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Phoenix Asia Holdings's Cash Conversion Cycle falls into.


PHOE
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Phoenix Asia Holdings Ltd PHOE
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Asia Holdings 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.

Phoenix Asia Holdings's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=102.03+0-99.21
=2.82

Phoenix Asia Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=176.94+0-77.72
=99.22

* 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 99.22 mean?
Phoenix Asia Holdings (PHOE) has a Cash Conversion Cycle of 99.22 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Phoenix Asia Holdings and its competitors.
Is Phoenix Asia Holdings' Cash Conversion Cycle too high?
Phoenix Asia Holdings' current Cash Conversion Cycle is 99.22. The Construction industry median Cash Conversion Cycle is 55.82. Phoenix Asia Holdings' value of 99.22 is 77.7% above this industry median. Overall, Phoenix Asia Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Cash Conversion Cycle compare to ESOA and MTRX?
Phoenix Asia Holdings' Cash Conversion Cycle of 99.22 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. Phoenix Asia Holdings' value of 99.22 is 77.7% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,762 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. Phoenix Asia Holdings's current Cash Conversion Cycle of 99.22 is 77.7% 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 Phoenix Asia Holdings and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Asia Holdings's current Cash Conversion Cycle is 99.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Cash Conversion Cycle of 99.22. The current Cash Conversion Cycle is 99.22 and 77.7% above the Construction industry median of 55.82. Phoenix Asia Holdings' overall GF Score™ is 24/100 with 1 warning sign 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 Phoenix Asia Holdings (PHOE), the current Cash Conversion Cycle is 99.22 as of Sep. 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.

Phoenix Asia Holdings Business Description

Address 19 Lam Hing Street, Workshop B14, 8th Floor, Block B, Tonic Industrial Center, Kowloon Bay, Hong Kong, HKG
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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