China Man-Made Fiber (TPE:1718) Cash Conversion Cycle: 103.73 (As of Dec. 2025)


TPE:1718 China Man-Made Fiber Corp TPE:1718
65 GF Score
Price NT$15.20
GF Value NT$9.31
Valuation Significantly Overvalued
! 9 Warning Signs
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What is China Man-Made Fiber Cash Conversion Cycle?

China Man-Made Fiber TPE:1718 +1.67% 65 Cash Conversion Cycle is 103.73 as of Dec. 2025. GuruFocus rates TPE:1718 with a GF Score™ of 65/100 and a GF Value™ of NT$9.31 (Significantly Overvalued). The stock has 9 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.

China Man-Made Fiber's Days Sales Outstanding for the three months ended in Dec. 2025 was 92.3.
China Man-Made Fiber's Days Inventory for the three months ended in Dec. 2025 was 41.89.
China Man-Made Fiber's Days Payable for the three months ended in Dec. 2025 was 30.46.
Therefore, China Man-Made Fiber's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 103.73.


China Man-Made Fiber  (TPE:1718) 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.


China Man-Made Fiber Cash Conversion Cycle Related Terms


China Man-Made Fiber Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for China Man-Made Fiber'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.

China Man-Made Fiber Cash Conversion Cycle Chart

China Man-Made Fiber Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.63 105.00 123.67 133.34 113.35

China Man-Made Fiber Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 128.45 125.21 120.64 108.63 103.73

TPE:1718 vs PNC, USB: Cash Conversion Cycle Comparison

For the Banks - Regional subindustry, China Man-Made Fiber'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.


China Man-Made Fiber Cash Conversion Cycle vs Banks Industry

For the Banks industry and Financial Services sector, China Man-Made Fiber's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where China Man-Made Fiber's Cash Conversion Cycle falls into.


TPE:1718
65GF Score
China Man-Made Fiber Corp TPE:1718
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Man-Made Fiber 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.

China Man-Made Fiber'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
=100.86+41.33-28.84
=113.35

China Man-Made Fiber's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=92.3+41.89-30.46
=103.73

* 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 103.73 mean?
China Man-Made Fiber (TPE:1718) has a Cash Conversion Cycle of 103.73 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Man-Made Fiber and its competitors.
Is China Man-Made Fiber's Cash Conversion Cycle too high?
China Man-Made Fiber's current Cash Conversion Cycle is 103.73. The Banks industry median Cash Conversion Cycle is 0.16. China Man-Made Fiber's value of 103.73 is 64731.3% above this industry median. Overall, China Man-Made Fiber has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Man-Made Fiber's Cash Conversion Cycle compare to PNC and USB?
China Man-Made Fiber's Cash Conversion Cycle of 103.73 can be compared against companies in the Banks industry. The industry median Cash Conversion Cycle is 0.16. China Man-Made Fiber's value of 103.73 is 64731.3% 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 a Banks company?
The median Cash Conversion Cycle among Banks companies is 0.16, based on 43 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. China Man-Made Fiber's current Cash Conversion Cycle of 103.73 is 64731.3% 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 China Man-Made Fiber and its competitors. For the Banks industry, the median Cash Conversion Cycle is 0.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Man-Made Fiber's current Cash Conversion Cycle is 103.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Man-Made Fiber stock overvalued right now?
Based on GuruFocus' analysis, China Man-Made Fiber (TPE:1718) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.31, compared to a current price of NT$15.20 — trading 63.3% above its estimated fair value. The current Cash Conversion Cycle is 103.73 and 64731.3% above the Banks industry median of 0.16. China Man-Made Fiber's overall GF Score™ is 65/100 with 9 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 China Man-Made Fiber (TPE:1718), the current Cash Conversion Cycle is 103.73 as of Dec. 2025. 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 China Man-Made Fiber (TPE:1718) Overvalued in 2026?

Based on GuruFocus' analysis, China Man-Made Fiber stock appears to be overvalued. The current stock price of NT$15.20 is trading 63.3% above its estimated GF Value™ of NT$9.31. GuruFocus considers China Man-Made Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1718:

  • Cash Conversion Cycle: 103.73
  • GF Value™: NT$9.31 vs. price of NT$15.20 (63.3% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 64731.3% above the Banks median

No single metric tells the full story. See the TPE:1718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Man-Made Fiber Business Description

Address Xinsheng S. Road, 10th Floor, No. 50, Sector 1, World Trade Building, Zhongzheng District, Taipei City, TWN, 100
China Man-Made Fiber Corp makes and sells chemicals and fiber products, including polyester yarn and filament, and rayon yarn and fiber, which are used to make apparel, footwear, and industrial cloth. The company's segments include Chemical Industry Department, Chemical Fiber Department, Bank departments, and other departments. The majority of its revenue is generated from banking departments.
65GF Score

Get the complete analysis for TPE:1718

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

NT$15.20
Price
NT$9.31
GF Value