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.
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.
Song Shang Electronics Co's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 134.07.
Song Shang Electronics Co's Days Inventory for the
three
months ended in Dec. 2025 was 62.51.
Song Shang Electronics Co's Days Payable for the
three
months ended in Dec. 2025 was 97.14.
Therefore, Song Shang Electronics Co's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 99.44.
Song Shang Electronics Co (ROCO:6156) 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.
Song Shang Electronics Co Cash Conversion Cycle Related Terms
Song Shang Electronics 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.
Song Shang Electronics Co Cash Conversion Cycle Chart
ROCO:6156 vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Song Shang Electronics 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.
Song Shang Electronics Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Song Shang Electronics Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Song Shang Electronics Co's Cash Conversion Cycle falls into.
Song Shang Electronics 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.
Song Shang Electronics 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.
Song Shang Electronics Co (ROCO:6156) has a Cash Conversion Cycle of 99.44 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Song Shang Electronics Co and its competitors.
Is Song Shang Electronics Co's Cash Conversion Cycle too high?
Song Shang Electronics Co's current Cash Conversion Cycle is 99.44. The Hardware industry median Cash Conversion Cycle is 99.18. Song Shang Electronics Co's value of 99.44 is 0.3% above this industry median. Overall, Song Shang Electronics Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Shang Electronics Co's Cash Conversion Cycle compare to APH and GLW?
Song Shang Electronics Co's Cash Conversion Cycle of 99.44 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.18. Song Shang Electronics Co's value of 99.44 is 0.3% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.18, based on 2,479 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. Song Shang Electronics Co's current Cash Conversion Cycle of 99.44 is 0.3% 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 Song Shang Electronics Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Shang Electronics Co's current Cash Conversion Cycle is 99.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Shang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Song Shang Electronics Co (ROCO:6156) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.82, compared to a current price of NT$24.20 — trading 2.5% below its estimated fair value. The current Cash Conversion Cycle is 99.44 and 0.3% above the Hardware industry median of 99.18. Song Shang Electronics Co's overall GF Score™ is 69/100 with 8 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 Song Shang Electronics Co (ROCO:6156), the current Cash Conversion Cycle is 99.44 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 Song Shang Electronics Co (ROCO:6156) Overvalued in 2026?
Based on GuruFocus' analysis, Song Shang Electronics Co stock appears to be undervalued.
The current stock price of NT$24.20 is trading 2.5% below its estimated GF Value™ of NT$24.82.
GuruFocus considers Song Shang Electronics Co to be Fairly Valued.
Key valuation signals for ROCO:6156:
Cash Conversion Cycle: 99.44
GF Value™: NT$24.82 vs. price of NT$24.20 (2.5% below fair value)
No single metric tells the full story. See the ROCO:6156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Shang Electronics Co Ltd is engaged in the production and sales of electronic components and related products. Its products include transformers, magnetic components, printed circuit boards, filters, and inductors, which are mainly used in various power supplies such as Adapter, Led TVs, Lcd TVs, chargers, Game Console, Desktop, Monitor, Printer, Lighting, and communication. It operates in two segments. PCB Segment is responsible for the production and sales of printed circuit boards. Transformer Segment: This segment is responsible for producing and selling transformers and resistors.
69GF Score
Get the complete analysis for ROCO:6156
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6156 has been successfully added to your 
