International CSRC Investment Holdings Co (TPE:2104) Cash Conversion Cycle: 131.61 (As of Dec. 2025)


TPE:2104 International CSRC Investment Holdings Co Ltd TPE:2104
61 GF Score
Price NT$10.65
GF Value NT$12.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is International CSRC Investment Holdings Co Cash Conversion Cycle?

International CSRC Investment Holdings Co TPE:2104 +3.40% 61 Cash Conversion Cycle is 131.61 as of Dec. 2025. GuruFocus rates TPE:2104 with a GF Score™ of 61/100 and a GF Value™ of NT$12.37 (Modestly Undervalued). 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.

International CSRC Investment Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 73.97.
International CSRC Investment Holdings Co's Days Inventory for the three months ended in Dec. 2025 was 84.09.
International CSRC Investment Holdings Co's Days Payable for the three months ended in Dec. 2025 was 26.45.
Therefore, International CSRC Investment Holdings Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 131.61.


International CSRC Investment Holdings Co  (TPE:2104) 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.


International CSRC Investment Holdings Co Cash Conversion Cycle Related Terms


International CSRC Investment Holdings Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co Cash Conversion Cycle Chart

International CSRC Investment Holdings Co 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 83.44 97.43 121.11 112.38 119.96

International CSRC Investment Holdings Co 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 135.67 114.06 112.82 115.06 131.61

TPE:2104 vs LIN, SHW, ECL: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.


International CSRC Investment Holdings Co Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's Cash Conversion Cycle falls into.


TPE:2104
61GF Score
International CSRC Investment Holdings Co Ltd TPE:2104
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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International CSRC Investment Holdings 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.

International CSRC Investment Holdings 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
=67.32+75.72-23.08
=119.96

International CSRC Investment Holdings Co'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
=73.97+84.09-26.45
=131.61

* 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 131.61 mean?
International CSRC Investment Holdings Co (TPE:2104) has a Cash Conversion Cycle of 131.61 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on International CSRC Investment Holdings Co and its competitors.
Is International CSRC Investment Holdings Co's Cash Conversion Cycle too high?
International CSRC Investment Holdings Co's current Cash Conversion Cycle is 131.61. The Chemicals industry median Cash Conversion Cycle is 89.14. International CSRC Investment Holdings Co's value of 131.61 is 47.6% above this industry median. Overall, International CSRC Investment Holdings Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International CSRC Investment Holdings Co's Cash Conversion Cycle compare to LIN and SHW?
International CSRC Investment Holdings Co's Cash Conversion Cycle of 131.61 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.14. International CSRC Investment Holdings Co's value of 131.61 is 47.6% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.14, based on 1,580 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. International CSRC Investment Holdings Co's current Cash Conversion Cycle of 131.61 is 47.6% 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 International CSRC Investment Holdings Co and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International CSRC Investment Holdings Co's current Cash Conversion Cycle is 131.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International CSRC Investment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, International CSRC Investment Holdings Co (TPE:2104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.37, compared to a current price of NT$10.65 — trading 13.9% below its estimated fair value. The current Cash Conversion Cycle is 131.61 and 47.6% above the Chemicals industry median of 89.14. International CSRC Investment Holdings Co's overall GF Score™ is 61/100 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 International CSRC Investment Holdings Co (TPE:2104), the current Cash Conversion Cycle is 131.61 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 International CSRC Investment Holdings Co (TPE:2104) Overvalued in 2026?

Based on GuruFocus' analysis, International CSRC Investment Holdings Co stock appears to be undervalued. The current stock price of NT$10.65 is trading 13.9% below its estimated GF Value™ of NT$12.37. GuruFocus considers International CSRC Investment Holdings Co to be Modestly Undervalued.

Key valuation signals for TPE:2104:

  • Cash Conversion Cycle: 131.61
  • GF Value™: NT$12.37 vs. price of NT$10.65 (13.9% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 47.6% above the Chemicals median

No single metric tells the full story. See the TPE:2104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International CSRC Investment Holdings Co Business Description

Address Zhongshan North Road, 8th Floor, No.113, Section 2, Taipei, TWN, 104
International CSRC Investment Holdings Co Ltd produces carbon black, a material for tire and other rubber products. It started power and steam co-generation system operations in December. The corporation also engages in biotechnology research and development. Its products and services include Tire Applications, Application of rubber products, Application of plastic products, Ink and Coating Application, Battery material applications, Ouroboros solutions, and Testing and analysis services. Its segments include Carbon Black, Biotechnology, and Others with the majority of revenue deriving from Carbon Black. It operates in two principal geographical areas: Asia and America with majority of revenue deriving from Aisa.
61GF Score

Get the complete analysis for TPE:2104

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

NT$10.65
Price
NT$12.37
GF Value