MayAir Technology (China) Co (SHSE:688376) Cash Conversion Cycle: 173.34 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688376 MayAir Technology (China) Co Ltd SHSE:688376
84 GF Score
Price ¥62.35
GF Value ¥56.98
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is MayAir Technology (China) Co Cash Conversion Cycle?

MayAir Technology (China) Co SHSE:688376 -2.55% 84 Cash Conversion Cycle is 173.34 as of Jun. 2026. GuruFocus rates SHSE:688376 with a GF Score™ of 84/100 and a GF Value™ of ¥56.98 (Fairly Valued). The stock has 5 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.

MayAir Technology (China) Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 169.98.
MayAir Technology (China) Co's Days Inventory for the three months ended in Jun. 2026 was 134.06.
MayAir Technology (China) Co's Days Payable for the three months ended in Jun. 2026 was 130.7.
Therefore, MayAir Technology (China) Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 173.34.


MayAir Technology (China) Co  (SHSE:688376) 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.


MayAir Technology (China) Co Cash Conversion Cycle Related Terms


MayAir Technology (China) Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Cash Conversion Cycle Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 144.06 168.65 173.85 184.28 198.20

MayAir Technology (China) Co Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 210.33 224.44 244.74 232.85 173.34

SHSE:688376 vs VLTO, ZWS, CECO: Cash Conversion Cycle Comparison

For the Pollution & Treatment Controls subindustry, MayAir Technology (China) 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.


MayAir Technology (China) Co Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MayAir Technology (China) Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where MayAir Technology (China) Co's Cash Conversion Cycle falls into.


SHSE:688376
84GF Score
MayAir Technology (China) Co Ltd SHSE:688376
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MayAir Technology (China) 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.

MayAir Technology (China) 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
=188.36+155.29-145.45
=198.20

MayAir Technology (China) Co's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=169.98+134.06-130.7
=173.34

* 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 173.34 mean?
MayAir Technology (China) Co (SHSE:688376) has a Cash Conversion Cycle of 173.34 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MayAir Technology (China) Co and its competitors.
Is MayAir Technology (China) Co's Cash Conversion Cycle too high?
MayAir Technology (China) Co's current Cash Conversion Cycle is 173.34. The Industrial Products industry median Cash Conversion Cycle is 121.81. MayAir Technology (China) Co's value of 173.34 is 42.3% above this industry median. Overall, MayAir Technology (China) Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Cash Conversion Cycle compare to VLTO and ZWS?
MayAir Technology (China) Co's Cash Conversion Cycle of 173.34 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 121.81. MayAir Technology (China) Co's value of 173.34 is 42.3% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 121.81, based on 3,048 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. MayAir Technology (China) Co's current Cash Conversion Cycle of 173.34 is 42.3% 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 MayAir Technology (China) Co and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 121.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MayAir Technology (China) Co's current Cash Conversion Cycle is 173.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Fairly Valued. The stock's GF Value™ is ¥56.98, compared to a current price of ¥62.35 — trading 9.4% above its estimated fair value. The current Cash Conversion Cycle is 173.34 and 42.3% above the Industrial Products industry median of 121.81. MayAir Technology (China) Co's overall GF Score™ is 84/100 with 5 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 MayAir Technology (China) Co (SHSE:688376), the current Cash Conversion Cycle is 173.34 as of Jun. 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥62.35 is trading 9.4% above its estimated GF Value™ of ¥56.98. GuruFocus considers MayAir Technology (China) Co to be Fairly Valued.

Key valuation signals for SHSE:688376:

  • Cash Conversion Cycle: 173.34
  • GF Value™: ¥56.98 vs. price of ¥62.35 (9.4% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 42.3% above the Industrial Products median

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
84GF Score

Get the complete analysis for SHSE:688376

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

¥62.35
Price
¥56.98
GF Value