Hocheng's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 46.14.
Hocheng's Days Inventory for the
three
months ended in Dec. 2025 was 186.57.
Hocheng's Days Payable for the
three
months ended in Dec. 2025 was 50.48.
Therefore, Hocheng's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 182.23.
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.
Hocheng Cash Conversion Cycle Related Terms
Hocheng Cash Conversion Cycle Historical Data
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The historical data trend for Hocheng'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.
TPE:1810 vs SN, SGI, MHK: Cash Conversion Cycle Comparison
For the Furnishings, Fixtures & Appliances subindustry, Hocheng'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.
Hocheng Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hocheng's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Hocheng'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.
Hocheng'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.
Hocheng (TPE:1810) has a Cash Conversion Cycle of 182.23 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hocheng and its competitors.
Is Hocheng's Cash Conversion Cycle too high?
Hocheng's current Cash Conversion Cycle is 182.23. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 84.83. Hocheng's value of 182.23 is 114.8% above this industry median. Overall, Hocheng has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hocheng's Cash Conversion Cycle compare to SN and SGI?
Hocheng's Cash Conversion Cycle of 182.23 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 84.83. Hocheng's value of 182.23 is 114.8% 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 Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 84.83, based on 430 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. Hocheng's current Cash Conversion Cycle of 182.23 is 114.8% 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 Hocheng and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 84.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hocheng's current Cash Conversion Cycle is 182.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hocheng stock overvalued right now?
Based on GuruFocus' analysis, Hocheng (TPE:1810) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.78, compared to a current price of NT$23.70 — trading 33.3% above its estimated fair value. The current Cash Conversion Cycle is 182.23 and 114.8% above the Furnishings, Fixtures & Appliances industry median of 84.83. Hocheng's overall GF Score™ is 61/100 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 Hocheng (TPE:1810), the current Cash Conversion Cycle is 182.23 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 Hocheng (TPE:1810) Overvalued in 2026?
Based on GuruFocus' analysis, Hocheng stock appears to be overvalued.
The current stock price of NT$23.70 is trading 33.3% above its estimated GF Value™ of NT$17.78.
GuruFocus considers Hocheng to be Significantly Overvalued.
Key valuation signals for TPE:1810:
Cash Conversion Cycle: 182.23
GF Value™: NT$17.78 vs. price of NT$23.70 (33.3% above fair value)
Industry Position: 114.8% above the Furnishings, Fixtures & Appliances median
No single metric tells the full story. See the TPE:1810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hocheng Corp mainly engages in the manufacturing and trading of residential equipment (i.e., bathtubs, toilets), kitchen equipment, copper pipe equipment, and construction of national housing. It has four reportable departments: The Taiwan business department is engaged in the manufacture and sale of domestic equipment such as bathtubs, toilets, kitchen equipment, and copper pipe equipment. The investment department is engaged in investment in production, securities, construction, tourism and trading. The China business department is engaged in the production of sanitary ware, metal, plastic accessories, and other building and decorative ceramics in China. The Philippine business department is engaged in producing and selling plumbing products. It generates maximum revenue from Taiwan.
61GF 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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