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Jinko Solar Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 98.59.
Jinko Solar Co's Days Inventory for the
three
months ended in Mar. 2026 was 127.79.
Jinko Solar Co's Days Payable for the
three
months ended in Mar. 2026 was 251.41.
Therefore, Jinko Solar Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -25.03.
Jinko Solar Co (SHSE:688223) 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.
Jinko Solar Co Cash Conversion Cycle Related Terms
Jinko Solar Co Cash Conversion Cycle Historical Data
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The historical data trend for Jinko Solar 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.
SHSE:688223 vs FSLR, NXT, ENPH: Cash Conversion Cycle Comparison
For the Solar subindustry, Jinko Solar 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.
Jinko Solar Co Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Jinko Solar Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Jinko Solar Co's Cash Conversion Cycle falls into.
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.
Jinko Solar 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.
Jinko Solar Co (SHSE:688223) has a Cash Conversion Cycle of -25.03 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Jinko Solar Co and its competitors.
Is Jinko Solar Co's Cash Conversion Cycle too high?
Jinko Solar Co's current Cash Conversion Cycle is -25.03. Overall, Jinko Solar Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinko Solar Co's Cash Conversion Cycle compare to FSLR and NXT?
Jinko Solar Co's Cash Conversion Cycle of -25.03 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,022 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 Jinko Solar Co and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinko Solar Co's current Cash Conversion Cycle is -25.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinko Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Jinko Solar Co (SHSE:688223) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.01, compared to a current price of ¥4.08 — trading 18.6% below its estimated fair value. The current Cash Conversion Cycle is -25.03. Jinko Solar Co's overall GF Score™ is 78/100 with 8 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 Jinko Solar Co (SHSE:688223), the current Cash Conversion Cycle is -25.03 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 Jinko Solar Co (SHSE:688223) Overvalued in 2026?
Based on GuruFocus' analysis, Jinko Solar Co stock appears to be undervalued.
The current stock price of ¥4.08 is trading 18.6% below its estimated GF Value™ of ¥5.01.
GuruFocus considers Jinko Solar Co to be Modestly Undervalued.
Key valuation signals for SHSE:688223:
Cash Conversion Cycle: -25.03
GF Value™: ¥5.01 vs. price of ¥4.08 (18.6% below fair value)
No single metric tells the full story. See the SHSE:688223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2025. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.
78GF Score
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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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