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Munsin Garment's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 41.73.
Munsin Garment's Days Inventory for the
three
months ended in Dec. 2025 was 304.37.
Munsin Garment's Days Payable for the
three
months ended in Dec. 2025 was 27.33.
Therefore, Munsin Garment's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 318.77.
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.
Munsin Garment Cash Conversion Cycle Related Terms
Munsin Garment Cash Conversion Cycle Historical Data
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The historical data trend for Munsin Garment'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.
ROCO:2916 vs RL, LEVI, VFC: Cash Conversion Cycle Comparison
For the Apparel Manufacturing subindustry, Munsin Garment'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.
Munsin Garment Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Munsin Garment'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.
Munsin Garment'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.
Munsin Garment (ROCO:2916) has a Cash Conversion Cycle of 318.77 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Munsin Garment and its competitors.
Is Munsin Garment's Cash Conversion Cycle too high?
Munsin Garment's current Cash Conversion Cycle is 318.77. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.38. Munsin Garment's value of 318.77 is 156.3% above this industry median. Overall, Munsin Garment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's Cash Conversion Cycle compare to RL and LEVI?
Munsin Garment's Cash Conversion Cycle of 318.77 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.38. Munsin Garment's value of 318.77 is 156.3% 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 Manufacturing - Apparel & Accessories company?
The median Cash Conversion Cycle among Manufacturing - Apparel & Accessories companies is 124.38, based on 1,037 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. Munsin Garment's current Cash Conversion Cycle of 318.77 is 156.3% 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current Cash Conversion Cycle is 318.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.88, compared to a current price of NT$40.10 — trading 14.5% below its estimated fair value. The current Cash Conversion Cycle is 318.77 and 156.3% above the Manufacturing - Apparel & Accessories industry median of 124.38. Munsin Garment's overall GF Score™ is 80/100 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 Munsin Garment (ROCO:2916), the current Cash Conversion Cycle is 318.77 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 Munsin Garment (ROCO:2916) Overvalued in 2026?
Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued.
The current stock price of NT$40.10 is trading 14.5% below its estimated GF Value™ of NT$46.88.
GuruFocus considers Munsin Garment to be Modestly Undervalued.
Key valuation signals for ROCO:2916:
Cash Conversion Cycle: 318.77
GF Value™: NT$46.88 vs. price of NT$40.10 (14.5% below fair value)
Industry Position: 156.3% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
80GF Score
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