King Chou Marine Technology Co (ROCO:4417) 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.
King Chou Marine Technology Co Cash Conversion Cycle Related Terms
King Chou Marine Technology Co Cash Conversion Cycle Historical Data
* 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.
King Chou Marine Technology Co Cash Conversion Cycle Chart
King Chou Marine Technology Co Cash Conversion Cycle Competitor Comparison
For the Textile Manufacturing subindustry, King Chou Marine Technology 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.
King Chou Marine Technology Co Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where King Chou Marine Technology Co's Cash Conversion Cycle falls into.
King Chou Marine Technology 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.
* 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.
King Chou Marine Technology Co (ROCO:4417) has a Cash Conversion Cycle of 196.75 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on King Chou Marine Technology Co and its competitors.
Is King Chou Marine Technology Co's Cash Conversion Cycle too high?
King Chou Marine Technology Co's current Cash Conversion Cycle is 196.75. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.49. King Chou Marine Technology Co's value of 196.75 is 58.1% above this industry median. Overall, King Chou Marine Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does King Chou Marine Technology Co's Cash Conversion Cycle compare to competitors?
King Chou Marine Technology Co's Cash Conversion Cycle of 196.75 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.49. King Chou Marine Technology Co's value of 196.75 is 58.1% 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 124.49, based on 1,036 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. King Chou Marine Technology Co's current Cash Conversion Cycle of 196.75 is 58.1% 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 King Chou Marine Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Chou Marine Technology Co's current Cash Conversion Cycle is 196.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Chou Marine Technology Co stock overvalued right now?
Based on GuruFocus' analysis, King Chou Marine Technology Co (ROCO:4417) is currently considered Fairly Valued. The stock's GF Value™ is NT$47.86, compared to a current price of NT$48.05 — trading 0.4% above its estimated fair value. The current Cash Conversion Cycle is 196.75 and 58.1% above the Manufacturing - Apparel & Accessories industry median of 124.49. King Chou Marine Technology Co's overall GF Score™ is 81/100. 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 King Chou Marine Technology Co (ROCO:4417), the current Cash Conversion Cycle is 196.75 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 King Chou Marine Technology Co (ROCO:4417) Overvalued in 2026?
Based on GuruFocus' analysis, King Chou Marine Technology Co stock appears to be overvalued.
The current stock price of NT$48.05 is trading 0.4% above its estimated GF Value™ of NT$47.86.
GuruFocus considers King Chou Marine Technology Co to be Fairly Valued.
Key valuation signals for ROCO:4417:
Cash Conversion Cycle: 196.75
GF Value™: NT$47.86 vs. price of NT$48.05 (0.4% above fair value)
Industry Position: 58.1% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the ROCO:4417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Chou Marine Technology Co Business Description
King Chou Marine Technology Co Ltd engages in the manufacturing, processing, domestic/export sales and export/import trade of a variety of fishing nets, twines and ropes. Its products include Nylon Twisted Net, Nylon Braided Net, Polyester Twisted Net, Polyster Braided Net, PE Twisted Net, Nylon Monofilament Net ( Regular and Flat type ), Nylon Multi-Mono Net, PE Braided Net, Nylon Raschel Knotless Net, Polyester Raschel Knotless Net, Nylon Super-Knot Knotless Net, PE Raschel Knotless Net, KK Raschel Knotless Net, and KK Braided Net. Its segments include King Chou, Kunshan King Chou, Vietnam King ChouIndonesia King Da, and Others.
81GF Score
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