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Shanghai Kindly Enterprise Development Group Co (SHSE:603987) 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.
Shanghai Kindly Enterprise Development Group Co Cash Conversion Cycle Related Terms
Shanghai Kindly Enterprise Development Group Co Cash Conversion Cycle Historical Data
* 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.
Shanghai Kindly Enterprise Development Group Co Cash Conversion Cycle Chart
Shanghai Kindly Enterprise Development Group Co Annual Data
SHSE:603987 vs ISRG, BDX, MDLN: Cash Conversion Cycle Comparison
For the Medical Instruments & Supplies subindustry, Shanghai Kindly Enterprise Development Group 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.
Shanghai Kindly Enterprise Development Group Co Cash Conversion Cycle vs Medical Devices & Instruments Industry
Shanghai Kindly Enterprise Development Group 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.
* 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.
Shanghai Kindly Enterprise Development Group Co (SHSE:603987) has a Cash Conversion Cycle of 188.53 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Shanghai Kindly Enterprise Development Group Co and its competitors.
Is Shanghai Kindly Enterprise Development Group Co's Cash Conversion Cycle too high?
Shanghai Kindly Enterprise Development Group Co's current Cash Conversion Cycle is 188.53. The Medical Devices & Instruments industry median Cash Conversion Cycle is 158.92. Shanghai Kindly Enterprise Development Group Co's value of 188.53 is 18.6% above this industry median. Overall, Shanghai Kindly Enterprise Development Group Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kindly Enterprise Development Group Co's Cash Conversion Cycle compare to ISRG and BDX?
Shanghai Kindly Enterprise Development Group Co's Cash Conversion Cycle of 188.53 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cash Conversion Cycle is 158.92. Shanghai Kindly Enterprise Development Group Co's value of 188.53 is 18.6% 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 a Medical Devices & Instruments company?
The median Cash Conversion Cycle among Medical Devices & Instruments companies is 158.92, based on 816 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. Shanghai Kindly Enterprise Development Group Co's current Cash Conversion Cycle of 188.53 is 18.6% 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 Shanghai Kindly Enterprise Development Group Co and its competitors. For the Medical Devices & Instruments industry, the median Cash Conversion Cycle is 158.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Kindly Enterprise Development Group Co's current Cash Conversion Cycle is 188.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kindly Enterprise Development Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co (SHSE:603987) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.67, compared to a current price of ¥7.32 — trading 4.6% below its estimated fair value. The current Cash Conversion Cycle is 188.53 and 18.6% above the Medical Devices & Instruments industry median of 158.92. Shanghai Kindly Enterprise Development Group Co's overall GF Score™ is 71/100 with 4 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987), the current Cash Conversion Cycle is 188.53 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 Shanghai Kindly Enterprise Development Group Co (SHSE:603987) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Kindly Enterprise Development Group Co stock appears to be undervalued.
The current stock price of ¥7.32 is trading 4.6% below its estimated GF Value™ of ¥7.67.
GuruFocus considers Shanghai Kindly Enterprise Development Group Co to be Fairly Valued.
Key valuation signals for SHSE:603987:
Cash Conversion Cycle: 188.53
GF Value™: ¥7.67 vs. price of ¥7.32 (4.6% below fair value)
Industry Position: 18.6% above the Medical Devices & Instruments median
No single metric tells the full story. See the SHSE:603987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Kindly Enterprise Development Group Co Ltd is the manufacturer of medical polymer products in China. The principal business activities include research and development, production and sales of medical puncture devices. Its product portfolio comprises infusion sets, transfusion sets, medical tubes, medical package material, needle and cannula, medical bags and medical kits.
71GF Score
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