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Wave Cyber (Shanghai) Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 100.62.
Wave Cyber (Shanghai) Co's Days Inventory for the
three
months ended in Mar. 2026 was 141.44.
Wave Cyber (Shanghai) Co's Days Payable for the
three
months ended in Mar. 2026 was 67.03.
Therefore, Wave Cyber (Shanghai) Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 175.03.
Wave Cyber (Shanghai) Co (SHSE:688718) 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.
Wave Cyber (Shanghai) Co Cash Conversion Cycle Related Terms
Wave Cyber (Shanghai) Co Cash Conversion Cycle Historical Data
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The historical data trend for Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co Cash Conversion Cycle Chart
SHSE:688718 vs WM, RSG, WCN: Cash Conversion Cycle Comparison
For the Waste Management subindustry, Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co Cash Conversion Cycle vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) Co's Cash Conversion Cycle falls into.
Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co (SHSE:688718) has a Cash Conversion Cycle of 175.03 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wave Cyber (Shanghai) Co and its competitors.
Is Wave Cyber (Shanghai) Co's Cash Conversion Cycle too high?
Wave Cyber (Shanghai) Co's current Cash Conversion Cycle is 175.03. The Waste Management industry median Cash Conversion Cycle is 48.66. Wave Cyber (Shanghai) Co's value of 175.03 is 259.7% above this industry median. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Cash Conversion Cycle compare to WM and RSG?
Wave Cyber (Shanghai) Co's Cash Conversion Cycle of 175.03 can be compared against companies in the Waste Management industry. The industry median Cash Conversion Cycle is 48.66. Wave Cyber (Shanghai) Co's value of 175.03 is 259.7% 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 Waste Management company?
The median Cash Conversion Cycle among Waste Management companies is 48.66, based on 237 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. Wave Cyber (Shanghai) Co's current Cash Conversion Cycle of 175.03 is 259.7% 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 Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median Cash Conversion Cycle is 48.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current Cash Conversion Cycle is 175.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.03, compared to a current price of ¥11.33 — trading 24.6% below its estimated fair value. The current Cash Conversion Cycle is 175.03 and 259.7% above the Waste Management industry median of 48.66. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 with 3 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Cash Conversion Cycle is 175.03 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥11.33 is trading 24.6% below its estimated GF Value™ of ¥15.03.
GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688718:
Cash Conversion Cycle: 175.03
GF Value™: ¥15.03 vs. price of ¥11.33 (24.6% below fair value)
Industry Position: 259.7% above the Waste Management median
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF 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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