Zhejiang Huangma Technology Co (SHSE:603181) Cash Conversion Cycle: 45.73 (As of Mar. 2026)

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SHSE:603181 Zhejiang Huangma Technology Co Ltd SHSE:603181
87 GF Score
Price ¥13.10
GF Value ¥13.63
Valuation Fairly Valued
! 3 Warning Signs
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What is Zhejiang Huangma Technology Co Cash Conversion Cycle?

Zhejiang Huangma Technology Co SHSE:603181 -0.53% 87 Cash Conversion Cycle is 45.73 as of Mar. 2026. GuruFocus rates SHSE:603181 with a GF Score™ of 87/100 and a GF Value™ of ¥13.63 (Fairly Valued). The stock has 3 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.

Zhejiang Huangma Technology Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 49.03.
Zhejiang Huangma Technology Co's Days Inventory for the three months ended in Mar. 2026 was 37.76.
Zhejiang Huangma Technology Co's Days Payable for the three months ended in Mar. 2026 was 41.06.
Therefore, Zhejiang Huangma Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 45.73.


Zhejiang Huangma Technology Co  (SHSE:603181) 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.


Zhejiang Huangma Technology Co Cash Conversion Cycle Related Terms


Zhejiang Huangma Technology Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Zhejiang Huangma Technology 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.

Zhejiang Huangma Technology Co Cash Conversion Cycle Chart

Zhejiang Huangma Technology 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 28.06 37.26 48.55 53.06 53.61

Zhejiang Huangma Technology 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 60.73 65.33 60.76 56.21 45.73

SHSE:603181 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Zhejiang Huangma Technology 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.


Zhejiang Huangma Technology Co Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Huangma Technology Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Zhejiang Huangma Technology Co's Cash Conversion Cycle falls into.


SHSE:603181
87GF Score
Zhejiang Huangma Technology Co Ltd SHSE:603181
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Huangma Technology 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.

Zhejiang Huangma Technology 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
=50.6+47.05-44.04
=53.61

Zhejiang Huangma Technology 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
=49.03+37.76-41.06
=45.73

* 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 45.73 mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a Cash Conversion Cycle of 45.73 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Zhejiang Huangma Technology Co and its competitors.
Is Zhejiang Huangma Technology Co's Cash Conversion Cycle too high?
Zhejiang Huangma Technology Co's current Cash Conversion Cycle is 45.73. The Chemicals industry median Cash Conversion Cycle is 89.36. Zhejiang Huangma Technology Co's value of 45.73 is 48.8% below this industry median. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's Cash Conversion Cycle compare to LIN and SHW?
Zhejiang Huangma Technology Co's Cash Conversion Cycle of 45.73 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.36. Zhejiang Huangma Technology Co's value of 45.73 is 48.8% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.36, based on 1,579 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. Zhejiang Huangma Technology Co's current Cash Conversion Cycle of 45.73 is 48.8% 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 Zhejiang Huangma Technology Co and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huangma Technology Co's current Cash Conversion Cycle is 45.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.63, compared to a current price of ¥13.10 — trading 3.9% below its estimated fair value. The current Cash Conversion Cycle is 45.73 and 48.8% below the Chemicals industry median of 89.36. Zhejiang Huangma Technology Co's overall GF Score™ is 87/100 with 3 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 Zhejiang Huangma Technology Co (SHSE:603181), the current Cash Conversion Cycle is 45.73 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 Zhejiang Huangma Technology Co (SHSE:603181) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be undervalued. The current stock price of ¥13.10 is trading 3.9% below its estimated GF Value™ of ¥13.63. GuruFocus considers Zhejiang Huangma Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603181:

  • Cash Conversion Cycle: 45.73
  • GF Value™: ¥13.63 vs. price of ¥13.10 (3.9% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 48.8% below the Chemicals median

No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Huangma Technology Co Business Description

Address Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
87GF Score

Get the complete analysis for SHSE:603181

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

¥13.10
Price
¥13.63
GF Value