Handa Pharmaceuticals (ROCO:6620) Cash Conversion Cycle: 95.63 (As of Dec. 2025)

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ROCO:6620 Handa Pharmaceuticals Inc ROCO:6620
75 GF Score
Price NT$84.70
GF Value NT$183.95
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Handa Pharmaceuticals Cash Conversion Cycle?

Handa Pharmaceuticals ROCO:6620 -1.28% 75 Cash Conversion Cycle is 95.63 as of Dec. 2025. GuruFocus rates ROCO:6620 with a GF Score™ of 75/100 and a GF Value™ of NT$183.95 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Handa Pharmaceuticals's Days Sales Outstanding for the three months ended in Dec. 2025 was 163.95.
Handa Pharmaceuticals's Days Inventory for the three months ended in Dec. 2025 was 0.
Handa Pharmaceuticals's Days Payable for the three months ended in Dec. 2025 was 68.32.
Therefore, Handa Pharmaceuticals's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 95.63.


Handa Pharmaceuticals  (ROCO:6620) 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.


Handa Pharmaceuticals Cash Conversion Cycle Related Terms


Handa Pharmaceuticals Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Handa Pharmaceuticals'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.

Handa Pharmaceuticals Cash Conversion Cycle Chart

Handa Pharmaceuticals 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 -1,119.64 77.71 -2,744.51 7,558.91 102.79

Handa Pharmaceuticals Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 -1,088.25 8,284.07 0.00 74.24 95.63

ROCO:6620 vs ZTS, UTHR: Cash Conversion Cycle Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Handa Pharmaceuticals'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.


Handa Pharmaceuticals Cash Conversion Cycle vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Handa Pharmaceuticals's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Handa Pharmaceuticals's Cash Conversion Cycle falls into.


ROCO:6620
75GF Score
Handa Pharmaceuticals Inc ROCO:6620
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Handa Pharmaceuticals 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.

Handa Pharmaceuticals'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
=81.31+56.28-34.8
=102.79

Handa Pharmaceuticals'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
=163.95+0-68.32
=95.63

* 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 95.63 mean?
Handa Pharmaceuticals (ROCO:6620) has a Cash Conversion Cycle of 95.63 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Handa Pharmaceuticals and its competitors.
Is Handa Pharmaceuticals' Cash Conversion Cycle too high?
Handa Pharmaceuticals' current Cash Conversion Cycle is 95.63. The Drug Manufacturers industry median Cash Conversion Cycle is 145.92. Handa Pharmaceuticals' value of 95.63 is 34.5% below this industry median. Overall, Handa Pharmaceuticals has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Handa Pharmaceuticals' Cash Conversion Cycle compare to ZTS and UTHR?
Handa Pharmaceuticals' Cash Conversion Cycle of 95.63 can be compared against companies in the Drug Manufacturers industry. The industry median Cash Conversion Cycle is 145.92. Handa Pharmaceuticals' value of 95.63 is 34.5% 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 Drug Manufacturers company?
The median Cash Conversion Cycle among Drug Manufacturers companies is 145.92, based on 953 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. Handa Pharmaceuticals's current Cash Conversion Cycle of 95.63 is 34.5% 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 Handa Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cash Conversion Cycle is 145.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handa Pharmaceuticals's current Cash Conversion Cycle is 95.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handa Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Handa Pharmaceuticals (ROCO:6620) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$183.95, compared to a current price of NT$84.70 — trading 54% below its estimated fair value. The current Cash Conversion Cycle is 95.63 and 34.5% below the Drug Manufacturers industry median of 145.92. Handa Pharmaceuticals' overall GF Score™ is 75/100 with 1 warning sign 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 Handa Pharmaceuticals (ROCO:6620), the current Cash Conversion Cycle is 95.63 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 Handa Pharmaceuticals (ROCO:6620) Overvalued in 2026?

Based on GuruFocus' analysis, Handa Pharmaceuticals stock appears to be undervalued. The current stock price of NT$84.70 is trading 54% below its estimated GF Value™ of NT$183.95. GuruFocus considers Handa Pharmaceuticals to be Significantly Undervalued.

Key valuation signals for ROCO:6620:

  • Cash Conversion Cycle: 95.63
  • GF Value™: NT$183.95 vs. price of NT$84.70 (54% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 34.5% below the Drug Manufacturers median

No single metric tells the full story. See the ROCO:6620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Handa Pharmaceuticals Business Description

Address Nanke 3rd Road, 3F-1,3F-2, No.23, Xinshi Dist, Tainan, TWN, 74147
Handa Pharmaceuticals Inc is a Taiwan-based specialty pharmaceutical company. It is engaged in the development of niche drugs. The company focuses on the development of high-barrier/patentable niche products.
75GF Score

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

NT$84.70
Price
NT$183.95
GF Value