Zhejiang Dingli Machinery Co (SHSE:603338) Cash Conversion Cycle: 73.92 (As of Mar. 2026)

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SHSE:603338 Zhejiang Dingli Machinery Co Ltd SHSE:603338
99 GF Score
Price ¥58.04
GF Value ¥72.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Zhejiang Dingli Machinery Co Cash Conversion Cycle?

Zhejiang Dingli Machinery Co SHSE:603338 -1.63% 99 Cash Conversion Cycle is 73.92 as of Mar. 2026. GuruFocus rates SHSE:603338 with a GF Score™ of 99/100 and a GF Value™ of ¥72.38 (Modestly 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.

Zhejiang Dingli Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 120.05.
Zhejiang Dingli Machinery Co's Days Inventory for the three months ended in Mar. 2026 was 160.09.
Zhejiang Dingli Machinery Co's Days Payable for the three months ended in Mar. 2026 was 206.22.
Therefore, Zhejiang Dingli Machinery Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 73.92.


Zhejiang Dingli Machinery Co  (SHSE:603338) 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 Dingli Machinery Co Cash Conversion Cycle Related Terms


Zhejiang Dingli Machinery Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Zhejiang Dingli 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.

Zhejiang Dingli Machinery Co Cash Conversion Cycle Chart

Zhejiang Dingli Machinery 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 43.49 71.56 53.35 45.26 55.45

Zhejiang Dingli Machinery 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 78.65 80.44 83.75 96.66 73.92

SHSE:603338 vs CAT, DE, PCAR: Cash Conversion Cycle Comparison

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli 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.


Zhejiang Dingli Machinery Co Cash Conversion Cycle vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Cash Conversion Cycle distribution charts can be found below:

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


SHSE:603338
99GF Score
Zhejiang Dingli Machinery Co Ltd SHSE:603338
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Dingli 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.

Zhejiang Dingli Machinery 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
=111.76+169.75-226.06
=55.45

Zhejiang Dingli Machinery 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
=120.05+160.09-206.22
=73.92

* 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 73.92 mean?
Zhejiang Dingli Machinery Co (SHSE:603338) has a Cash Conversion Cycle of 73.92 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Zhejiang Dingli Machinery Co and its competitors.
Is Zhejiang Dingli Machinery Co's Cash Conversion Cycle too high?
Zhejiang Dingli Machinery Co's current Cash Conversion Cycle is 73.92. The Farm & Heavy Construction Machinery industry median Cash Conversion Cycle is 127.05. Zhejiang Dingli Machinery Co's value of 73.92 is 41.8% below this industry median. Overall, Zhejiang Dingli Machinery Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dingli Machinery Co's Cash Conversion Cycle compare to CAT and DE?
Zhejiang Dingli Machinery Co's Cash Conversion Cycle of 73.92 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Cash Conversion Cycle is 127.05. Zhejiang Dingli Machinery Co's value of 73.92 is 41.8% 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 Farm & Heavy Construction Machinery company?
The median Cash Conversion Cycle among Farm & Heavy Construction Machinery companies is 127.05, based on 210 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 Dingli Machinery Co's current Cash Conversion Cycle of 73.92 is 41.8% 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 Dingli Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cash Conversion Cycle is 127.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dingli Machinery Co's current Cash Conversion Cycle is 73.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dingli Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co (SHSE:603338) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥72.38, compared to a current price of ¥58.04 — trading 19.8% below its estimated fair value. The current Cash Conversion Cycle is 73.92 and 41.8% below the Farm & Heavy Construction Machinery industry median of 127.05. Zhejiang Dingli Machinery Co's overall GF Score™ is 99/100 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 Zhejiang Dingli Machinery Co (SHSE:603338), the current Cash Conversion Cycle is 73.92 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 Dingli Machinery Co (SHSE:603338) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co stock appears to be undervalued. The current stock price of ¥58.04 is trading 19.8% below its estimated GF Value™ of ¥72.38. GuruFocus considers Zhejiang Dingli Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603338:

  • Cash Conversion Cycle: 73.92
  • GF Value™: ¥72.38 vs. price of ¥58.04 (19.8% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 41.8% below the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the SHSE:603338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dingli Machinery Co Business Description

Address No. 188, Qihang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in the research and development, production, and sales of aerial work machinery and industrial vehicles. The company manufactures a range of aerial work platforms, including electric, diesel, and hybrid boom lifts, scissor lifts, mast lifts, and specialized models. Its products are applied across industrial, commercial, construction, and engineering sectors, as well as in logistics, petrochemicals, shipbuilding, and specialized fields such as power grids, nuclear facilities, high-speed rail, airports, and tunnels.
99GF Score

Get the complete analysis for SHSE:603338

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

¥58.04
Price
¥72.38
GF Value