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Avic Heavy Machinery Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 364.17.
Avic Heavy Machinery Co's Days Inventory for the
three
months ended in Mar. 2026 was 321.95.
Avic Heavy Machinery Co's Days Payable for the
three
months ended in Mar. 2026 was 499.11.
Therefore, Avic Heavy Machinery Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 187.01.
Avic Heavy Machinery Co (SHSE:600765) 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.
Avic Heavy Machinery Co Cash Conversion Cycle Related Terms
Avic Heavy Machinery Co Cash Conversion Cycle Historical Data
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The historical data trend for Avic Heavy Machinery 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.
Avic Heavy Machinery Co Cash Conversion Cycle Chart
SHSE:600765 vs GEV, ETN, PH: Cash Conversion Cycle Comparison
For the Specialty Industrial Machinery subindustry, Avic Heavy Machinery 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.
Avic Heavy Machinery Co Cash Conversion Cycle vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Avic Heavy Machinery Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Avic Heavy Machinery Co's Cash Conversion Cycle falls into.
Avic Heavy Machinery 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.
Avic Heavy Machinery 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.
Avic Heavy Machinery Co (SHSE:600765) has a Cash Conversion Cycle of 187.01 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Avic Heavy Machinery Co and its competitors.
Is Avic Heavy Machinery Co's Cash Conversion Cycle too high?
Avic Heavy Machinery Co's current Cash Conversion Cycle is 187.01. The Industrial Products industry median Cash Conversion Cycle is 122.29. Avic Heavy Machinery Co's value of 187.01 is 52.9% above this industry median. Overall, Avic Heavy Machinery Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Heavy Machinery Co's Cash Conversion Cycle compare to GEV and ETN?
Avic Heavy Machinery Co's Cash Conversion Cycle of 187.01 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Avic Heavy Machinery Co's value of 187.01 is 52.9% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,034 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. Avic Heavy Machinery Co's current Cash Conversion Cycle of 187.01 is 52.9% 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 Avic Heavy Machinery Co and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avic Heavy Machinery Co's current Cash Conversion Cycle is 187.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Heavy Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Heavy Machinery Co (SHSE:600765) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.12, compared to a current price of ¥12.86 — trading 24.9% below its estimated fair value. The current Cash Conversion Cycle is 187.01 and 52.9% above the Industrial Products industry median of 122.29. Avic Heavy Machinery Co's overall GF Score™ is 67/100 with 10 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 Avic Heavy Machinery Co (SHSE:600765), the current Cash Conversion Cycle is 187.01 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 Avic Heavy Machinery Co (SHSE:600765) Overvalued in 2026?
Based on GuruFocus' analysis, Avic Heavy Machinery Co stock appears to be undervalued.
The current stock price of ¥12.86 is trading 24.9% below its estimated GF Value™ of ¥17.12.
GuruFocus considers Avic Heavy Machinery Co to be Modestly Undervalued.
Key valuation signals for SHSE:600765:
Cash Conversion Cycle: 187.01
GF Value™: ¥17.12 vs. price of ¥12.86 (24.9% below fair value)
Industry Position: 52.9% above the Industrial Products median
No single metric tells the full story. See the SHSE:600765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.
67GF Score
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