Grinm Advanced Materials Co (SHSE:600206) Cash Conversion Cycle: 75.36 (As of Mar. 2026)

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SHSE:600206 Grinm Advanced Materials Co Ltd SHSE:600206
50 GF Score
Price ¥39.85
GF Value ¥14.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Grinm Advanced Materials Co Cash Conversion Cycle?

Grinm Advanced Materials Co SHSE:600206 -9.00% 50 Cash Conversion Cycle is 75.36 as of Mar. 2026. GuruFocus rates SHSE:600206 with a GF Score™ of 50/100 and a GF Value™ of ¥14.25 (Significantly Overvalued). The stock has 8 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.

Grinm Advanced Materials Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 35.62.
Grinm Advanced Materials Co's Days Inventory for the three months ended in Mar. 2026 was 61.35.
Grinm Advanced Materials Co's Days Payable for the three months ended in Mar. 2026 was 21.61.
Therefore, Grinm Advanced Materials Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 75.36.


Grinm Advanced Materials Co  (SHSE:600206) 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.


Grinm Advanced Materials Co Cash Conversion Cycle Related Terms


Grinm Advanced Materials Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Grinm Advanced Materials 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.

Grinm Advanced Materials Co Cash Conversion Cycle Chart

Grinm Advanced Materials Co 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 23.27 27.46 47.27 60.69 65.96

Grinm Advanced Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 79.95 74.46 78.99 72.80 75.36

SHSE:600206 vs AMAT, LRCX, KLAC: Cash Conversion Cycle Comparison

For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.


Grinm Advanced Materials Co Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Grinm Advanced Materials Co's Cash Conversion Cycle falls into.


SHSE:600206
50GF Score
Grinm Advanced Materials Co Ltd SHSE:600206
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Grinm Advanced Materials 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.

Grinm Advanced Materials Co'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
=35.15+48.13-17.32
=65.96

Grinm Advanced Materials Co'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
=35.62+61.35-21.61
=75.36

* 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 75.36 mean?
Grinm Advanced Materials Co (SHSE:600206) has a Cash Conversion Cycle of 75.36 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Grinm Advanced Materials Co and its competitors.
Is Grinm Advanced Materials Co's Cash Conversion Cycle too high?
Grinm Advanced Materials Co's current Cash Conversion Cycle is 75.36. The Semiconductors industry median Cash Conversion Cycle is 116.21. Grinm Advanced Materials Co's value of 75.36 is 35.2% below this industry median. Overall, Grinm Advanced Materials Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's Cash Conversion Cycle compare to AMAT and LRCX?
Grinm Advanced Materials Co's Cash Conversion Cycle of 75.36 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. Grinm Advanced Materials Co's value of 75.36 is 35.2% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. Grinm Advanced Materials Co's current Cash Conversion Cycle of 75.36 is 35.2% 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 Grinm Advanced Materials Co and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current Cash Conversion Cycle is 75.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.25, compared to a current price of ¥39.85 — trading 179.6% above its estimated fair value. The current Cash Conversion Cycle is 75.36 and 35.2% below the Semiconductors industry median of 116.21. Grinm Advanced Materials Co's overall GF Score™ is 50/100 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 Grinm Advanced Materials Co (SHSE:600206), the current Cash Conversion Cycle is 75.36 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.

Is Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?

Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued. The current stock price of ¥39.85 is trading 179.6% above its estimated GF Value™ of ¥14.25. GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:600206:

  • Cash Conversion Cycle: 75.36
  • GF Value™: ¥14.25 vs. price of ¥39.85 (179.6% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 35.2% below the Semiconductors median

No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grinm Advanced Materials Co Business Description

Address No.43, North Third Ring Road, Haidian District, Beijing, CHN, 100088
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥39.85
Price
¥14.25
GF Value