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Kwang Ming Silk Mill Co's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 35.33.
Kwang Ming Silk Mill Co's Days Inventory for the
three
months ended in Dec. 2025 was 28.53.
Kwang Ming Silk Mill Co's Days Payable for the
three
months ended in Dec. 2025 was 1.96.
Therefore, Kwang Ming Silk Mill Co's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 61.90.
Kwang Ming Silk Mill Co (ROCO:4420) 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.
Kwang Ming Silk Mill Co Cash Conversion Cycle Related Terms
Kwang Ming Silk Mill Co Cash Conversion Cycle Historical Data
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The historical data trend for Kwang Ming Silk Mill 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.
Kwang Ming Silk Mill Co Cash Conversion Cycle Chart
Kwang Ming Silk Mill Co Cash Conversion Cycle Competitor Comparison
For the Textile Manufacturing subindustry, Kwang Ming Silk Mill 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.
Kwang Ming Silk Mill Co Cash Conversion Cycle vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwang Ming Silk Mill Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Kwang Ming Silk Mill Co's Cash Conversion Cycle falls into.
Kwang Ming Silk Mill 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.
Kwang Ming Silk Mill Co'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.
Kwang Ming Silk Mill Co (ROCO:4420) has a Cash Conversion Cycle of 61.90 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kwang Ming Silk Mill Co and its competitors.
Is Kwang Ming Silk Mill Co's Cash Conversion Cycle too high?
Kwang Ming Silk Mill Co's current Cash Conversion Cycle is 61.90. The Manufacturing - Apparel & Accessories industry median Cash Conversion Cycle is 124.59. Kwang Ming Silk Mill Co's value of 61.90 is 50.3% below this industry median. Overall, Kwang Ming Silk Mill Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwang Ming Silk Mill Co's Cash Conversion Cycle compare to competitors?
Kwang Ming Silk Mill Co's Cash Conversion Cycle of 61.90 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cash Conversion Cycle is 124.59. Kwang Ming Silk Mill Co's value of 61.90 is 50.3% below 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 124.59, based on 1,041 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. Kwang Ming Silk Mill Co's current Cash Conversion Cycle of 61.90 is 50.3% below 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 Kwang Ming Silk Mill Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Conversion Cycle is 124.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwang Ming Silk Mill Co's current Cash Conversion Cycle is 61.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwang Ming Silk Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Kwang Ming Silk Mill Co (ROCO:4420) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.13, compared to a current price of NT$35.60 — trading 52.6% below its estimated fair value. The current Cash Conversion Cycle is 61.90 and 50.3% below the Manufacturing - Apparel & Accessories industry median of 124.59. Kwang Ming Silk Mill Co's overall GF Score™ is 64/100 with 2 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 Kwang Ming Silk Mill Co (ROCO:4420), the current Cash Conversion Cycle is 61.90 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 Kwang Ming Silk Mill Co (ROCO:4420) Overvalued in 2026?
Based on GuruFocus' analysis, Kwang Ming Silk Mill Co stock appears to be undervalued.
The current stock price of NT$35.60 is trading 52.6% below its estimated GF Value™ of NT$75.13.
GuruFocus considers Kwang Ming Silk Mill Co to be Significantly Undervalued.
Key valuation signals for ROCO:4420:
Cash Conversion Cycle: 61.90
GF Value™: NT$75.13 vs. price of NT$35.60 (52.6% below fair value)
Industry Position: 50.3% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the ROCO:4420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kwang Ming Silk Mill Co Ltd is mainly engaged in the textile industry, including the manufacture of man-made fibers, dyeing and weaving of fabrics, and the purchase and sale of raw materials, supplies, and finished goods related to fabrics. The Company is also involved in real estate leasing, as well as industrial factory development and rental. It operates through two reportable segments: the Fiber segment, which generates the maximum revenue and is engaged in the manufacture and trading of textured yarn, and the Real Estate Development segment, which focuses on housing, commercial buildings, and factory development and rental.
64GF Score
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