AJJ Medtech Holdings (SGX:584) Cash Conversion Cycle: 161.52 (As of Mar. 2026)

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What is AJJ Medtech Holdings Cash Conversion Cycle?

AJJ Medtech Holdings SGX:584 Cash Conversion Cycle is 161.52 as of Mar. 2026. The stock has 4 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.

AJJ Medtech Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 111.17.
AJJ Medtech Holdings's Days Inventory for the three months ended in Mar. 2026 was 444.79.
AJJ Medtech Holdings's Days Payable for the three months ended in Mar. 2026 was 394.44.
Therefore, AJJ Medtech Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 161.52.


AJJ Medtech Holdings  (SGX:584) 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.


AJJ Medtech Holdings Cash Conversion Cycle Related Terms


AJJ Medtech Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for AJJ Medtech Holdings'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.

AJJ Medtech Holdings Cash Conversion Cycle Chart

AJJ Medtech Holdings 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 857.87 591.82 278.18 194.44 178.86

AJJ Medtech Holdings Quarterly Data
Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -129.43 -194.39 -352.61 -57.58 161.52

SGX:584 vs ABT, SYK, MDT: Cash Conversion Cycle Comparison

For the Medical Devices subindustry, AJJ Medtech Holdings'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.


AJJ Medtech Holdings Cash Conversion Cycle vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AJJ Medtech Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where AJJ Medtech Holdings's Cash Conversion Cycle falls into.



AJJ Medtech Holdings 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.

AJJ Medtech Holdings'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
=71.18+202.59-94.91
=178.86

AJJ Medtech Holdings's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=111.17+444.79-394.44
=161.52

* 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 161.52 mean?
AJJ Medtech Holdings (SGX:584) has a Cash Conversion Cycle of 161.52 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on AJJ Medtech Holdings and its competitors.
Is AJJ Medtech Holdings' Cash Conversion Cycle too high?
AJJ Medtech Holdings' current Cash Conversion Cycle is 161.52. The Medical Devices & Instruments industry median Cash Conversion Cycle is 158.96. AJJ Medtech Holdings' value of 161.52 is 1.6% above this industry median.
How does AJJ Medtech Holdings' Cash Conversion Cycle compare to ABT and SYK?
AJJ Medtech Holdings' Cash Conversion Cycle of 161.52 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 158.96. AJJ Medtech Holdings' value of 161.52 is 1.6% 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 Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 158.96, based on 816 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. AJJ Medtech Holdings's current Cash Conversion Cycle of 161.52 is 1.6% 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 AJJ Medtech Holdings and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 158.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJJ Medtech Holdings's current Cash Conversion Cycle is 161.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJJ Medtech Holdings stock overvalued right now?
Based on GuruFocus' analysis, AJJ Medtech Holdings (SGX:584) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.01, compared to a current price of S$0.01 — trading 50% below its estimated fair value. The current Cash Conversion Cycle is 161.52 and 1.6% above the Medical Devices & Instruments industry median of 158.96. 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 AJJ Medtech Holdings (SGX:584), the current Cash Conversion Cycle is 161.52 as of Mar. 2026. 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.

AJJ Medtech Holdings Business Description

Address 8 Commonwealth Lane, No. 02-04, Grande Building, Singapore, SGP, 149555
AJJ Medtech Holdings Ltd is a healthcare technology company building an integrated platform across medical devices, digital systems, and intelligent care infrastructure in Singapore, Southeast Asia, and selected international markets. It integrates artificial intelligence, robotics, and healthcare systems to support healthcare delivery across the patient care continuum. Its portfolio includes diagnostic systems, medical and dental devices, consumables, digital and robotics-enabled healthcare solutions, and turn-key supply-chain solutions. Its segments are corporate and investment holding, healthcare products and services, and healthcare digital products, which generate maximum revenue. It operates mainly in Singapore, and its revenue is derived from the sale of medical healthcare products.