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.
PT Jasa Marga (Persero) Tbk Cash Conversion Cycle Related Terms
PT Jasa Marga (Persero) Tbk 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.
For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk'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.
PT Jasa Marga (Persero) Tbk Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where PT Jasa Marga (Persero) Tbk'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.
PT Jasa Marga (Persero) Tbk'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.
PT Jasa Marga (Persero) Tbk (STU:0JM) has a Cash Conversion Cycle of 2.55 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PT Jasa Marga (Persero) Tbk and its competitors.
Is PT Jasa Marga (Persero) Tbk's Cash Conversion Cycle too high?
PT Jasa Marga (Persero) Tbk's current Cash Conversion Cycle is 2.55. The Construction industry median Cash Conversion Cycle is 55.82. PT Jasa Marga (Persero) Tbk's value of 2.55 is 95.4% below this industry median. Overall, PT Jasa Marga (Persero) Tbk has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Marga (Persero) Tbk's Cash Conversion Cycle compare to competitors?
PT Jasa Marga (Persero) Tbk's Cash Conversion Cycle of 2.55 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.82. PT Jasa Marga (Persero) Tbk's value of 2.55 is 95.4% below 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.82, based on 1,768 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. PT Jasa Marga (Persero) Tbk's current Cash Conversion Cycle of 2.55 is 95.4% below 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 PT Jasa Marga (Persero) Tbk and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Marga (Persero) Tbk's current Cash Conversion Cycle is 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Marga (Persero) Tbk stock overvalued right now?
PT Jasa Marga (Persero) Tbk (STU:0JM) has a current Cash Conversion Cycle of 2.55. The stock's GF Value™ is €0.18, compared to a current price of €0.12 — trading 31.1% below its estimated fair value. The current Cash Conversion Cycle is 2.55 and 95.4% below the Construction industry median of 55.82. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 81/100 with 6 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 PT Jasa Marga (Persero) Tbk (STU:0JM), the current Cash Conversion Cycle is 2.55 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 PT Jasa Marga (Persero) Tbk (STU:0JM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued.
The current stock price of €0.12 is trading 31.1% below its estimated GF Value™ of €0.18.
Key valuation signals for STU:0JM:
Cash Conversion Cycle: 2.55
GF Value™: €0.18 vs. price of €0.12 (31.1% below fair value)
Industry Position: 95.4% below the Construction median
No single metric tells the full story. See the STU:0JM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road business, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.
81GF Score
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