Jiangxi Redboard Technology Co (SHSE:603459) Cash Conversion Cycle: -37.44 (As of Mar. 2026)

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SHSE:603459 Jiangxi Redboard Technology Co Ltd SHSE:603459
13 GF Score
Price ¥105.58
! 2 Warning Signs
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What is Jiangxi Redboard Technology Co Cash Conversion Cycle?

Jiangxi Redboard Technology Co SHSE:603459 +10.00% 13 Cash Conversion Cycle is -37.44 as of Mar. 2026. GuruFocus rates SHSE:603459 with a GF Score™ of 13/100. The stock has 2 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.

Jiangxi Redboard Technology Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 106.71.
Jiangxi Redboard Technology Co's Days Inventory for the three months ended in Mar. 2026 was 52.72.
Jiangxi Redboard Technology Co's Days Payable for the three months ended in Mar. 2026 was 196.87.
Therefore, Jiangxi Redboard Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -37.44.


Jiangxi Redboard Technology Co  (SHSE:603459) 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.


Jiangxi Redboard Technology Co Cash Conversion Cycle Related Terms


Jiangxi Redboard Technology Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Jiangxi Redboard 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.

Jiangxi Redboard Technology Co Cash Conversion Cycle Chart

Jiangxi Redboard Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
-8.65 -17.94 -30.27 -29.61

Jiangxi Redboard Technology Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -35.96 -28.93 96.84 71.46 -37.44

SHSE:603459 vs APH, GLW, TEL: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Jiangxi Redboard 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.


Jiangxi Redboard Technology Co Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Jiangxi Redboard Technology Co's Cash Conversion Cycle distribution charts can be found below:

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


SHSE:603459
13GF Score
Jiangxi Redboard Technology Co Ltd SHSE:603459
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Redboard 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.

Jiangxi Redboard 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
=97.69+42.12-169.42
=-29.61

Jiangxi Redboard 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
=106.71+52.72-196.87
=-37.44

* 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 -37.44 mean?
Jiangxi Redboard Technology Co (SHSE:603459) has a Cash Conversion Cycle of -37.44 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Jiangxi Redboard Technology Co and its competitors.
Is Jiangxi Redboard Technology Co's Cash Conversion Cycle too high?
Jiangxi Redboard Technology Co's current Cash Conversion Cycle is -37.44. Overall, Jiangxi Redboard Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Redboard Technology Co's Cash Conversion Cycle compare to APH and GLW?
Jiangxi Redboard Technology Co's Cash Conversion Cycle of -37.44 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.82. 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.82, based on 2,477 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. 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 Jiangxi Redboard Technology Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Redboard Technology Co's current Cash Conversion Cycle is -37.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Redboard Technology Co stock overvalued right now?
Jiangxi Redboard Technology Co (SHSE:603459) has a current Cash Conversion Cycle of -37.44. The current Cash Conversion Cycle is -37.44. Jiangxi Redboard Technology Co's overall GF Score™ is 13/100 with 2 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 Jiangxi Redboard Technology Co (SHSE:603459), the current Cash Conversion Cycle is -37.44 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.

Jiangxi Redboard Technology Co Business Description

Address No. 281, Jingjiu Avenue, Jinggangshan Economic and Technological Development Zone, Jiangxi Province, Ji\'an City, CHN, 343100
Jiangxi Redboard Technology Co Ltd is engaged in the research, development, production, and sale of printed circuit boards. Its business activities also include the manufacturing of electronic components, research and sales of electronic materials, and the sale of electronic components and electromechanical equipment. The company focuses on manufacturing and selling various types of PCB, including HDI boards, PCB, FPC, RFPC, SLP, and IC substrates. Its products are used in consumer electronics, automotive electronics, high-end displays, communication electronics, and other fields, and are exported to various countries and regions such as Hong Kong, Singapore, Japan, Europe, and the United States.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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