Bedding World Co (ROCO:2938) Cash Conversion Cycle: 131.07 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:2938 Bedding World Co Ltd ROCO:2938
70 GF Score
Price NT$25.20
GF Value NT$34.03
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Bedding World Co Cash Conversion Cycle?

Bedding World Co ROCO:2938 -4.00% 70 Cash Conversion Cycle is 131.07 as of Dec. 2025. GuruFocus rates ROCO:2938 with a GF Score™ of 70/100 and a GF Value™ of NT$34.03 (Modestly Undervalued). The stock has 7 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.

Bedding World Co's Days Sales Outstanding for the six months ended in Dec. 2025 was 4.28.
Bedding World Co's Days Inventory for the six months ended in Dec. 2025 was 151.47.
Bedding World Co's Days Payable for the six months ended in Dec. 2025 was 24.68.
Therefore, Bedding World Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 131.07.


Bedding World Co  (ROCO:2938) 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.


Bedding World Co Cash Conversion Cycle Related Terms


Bedding World Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bedding World Co'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.

Bedding World Co Cash Conversion Cycle Chart

Bedding World Co 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 148.85 137.70 140.24 128.52 131.78

Bedding World Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.73 133.49 119.76 134.76 131.07

ROCO:2938 vs SN, SGI, MHK: Cash Conversion Cycle Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bedding World Co'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.


Bedding World Co Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bedding World Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Bedding World Co's Cash Conversion Cycle falls into.


ROCO:2938
70GF Score
Bedding World Co Ltd ROCO:2938
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bedding World Co 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.

Bedding World Co'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
=5.05+155.35-28.62
=131.78

Bedding World Co'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
=4.28+151.47-24.68
=131.07

* 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 131.07 mean?
Bedding World Co (ROCO:2938) has a Cash Conversion Cycle of 131.07 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bedding World Co and its competitors.
Is Bedding World Co's Cash Conversion Cycle too high?
Bedding World Co's current Cash Conversion Cycle is 131.07. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.09. Bedding World Co's value of 131.07 is 54% above this industry median. Overall, Bedding World Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bedding World Co's Cash Conversion Cycle compare to SN and SGI?
Bedding World Co's Cash Conversion Cycle of 131.07 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.09. Bedding World Co's value of 131.07 is 54% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 85.09, based on 432 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. Bedding World Co's current Cash Conversion Cycle of 131.07 is 54% 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 Bedding World Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bedding World Co's current Cash Conversion Cycle is 131.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bedding World Co stock overvalued right now?
Based on GuruFocus' analysis, Bedding World Co (ROCO:2938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.03, compared to a current price of NT$25.20 — trading 25.9% below its estimated fair value. The current Cash Conversion Cycle is 131.07 and 54% above the Furnishings, Fixtures & Appliances industry median of 85.09. Bedding World Co's overall GF Score™ is 70/100 with 7 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 Bedding World Co (ROCO:2938), the current Cash Conversion Cycle is 131.07 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 Bedding World Co (ROCO:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Bedding World Co stock appears to be undervalued. The current stock price of NT$25.20 is trading 25.9% below its estimated GF Value™ of NT$34.03. GuruFocus considers Bedding World Co to be Modestly Undervalued.

Key valuation signals for ROCO:2938:

  • Cash Conversion Cycle: 131.07
  • GF Value™: NT$34.03 vs. price of NT$25.20 (25.9% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 54% above the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the ROCO:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bedding World Co Business Description

Address Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN
Bedding World Co Ltd is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.
70GF Score

Get the complete analysis for ROCO:2938

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

NT$25.20
Price
NT$34.03
GF Value