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Air Asia Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 133.56.
Air Asia Co's Days Inventory for the
three
months ended in Mar. 2026 was 98.36.
Air Asia Co's Days Payable for the
three
months ended in Mar. 2026 was 35.01.
Therefore, Air Asia Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 196.91.
Air Asia Co (TPE:2630) 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.
Air Asia Co Cash Conversion Cycle Related Terms
Air Asia Co Cash Conversion Cycle Historical Data
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The historical data trend for Air Asia 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.
TPE:2630 vs SPCX, GE, RTX: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Air Asia 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.
Air Asia Co Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Air Asia Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Air Asia Co'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.
Air Asia 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.
Air Asia Co (TPE:2630) has a Cash Conversion Cycle of 196.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Air Asia Co and its competitors.
Is Air Asia Co's Cash Conversion Cycle too high?
Air Asia Co's current Cash Conversion Cycle is 196.91. The Aerospace & Defense industry median Cash Conversion Cycle is 135.67. Air Asia Co's value of 196.91 is 45.1% above this industry median. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's Cash Conversion Cycle compare to SPCX and GE?
Air Asia Co's Cash Conversion Cycle of 196.91 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 135.67. Air Asia Co's value of 196.91 is 45.1% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 135.67, based on 351 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. Air Asia Co's current Cash Conversion Cycle of 196.91 is 45.1% 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 Air Asia Co and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 135.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current Cash Conversion Cycle is 196.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.30 — trading 37.6% above its estimated fair value. The current Cash Conversion Cycle is 196.91 and 45.1% above the Aerospace & Defense industry median of 135.67. Air Asia Co's overall GF Score™ is 83/100 with 4 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 Air Asia Co (TPE:2630), the current Cash Conversion Cycle is 196.91 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 Air Asia Co (TPE:2630) Overvalued in 2026?
Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued.
The current stock price of NT$53.30 is trading 37.6% above its estimated GF Value™ of NT$38.73.
GuruFocus considers Air Asia Co to be Significantly Overvalued.
Key valuation signals for TPE:2630:
Cash Conversion Cycle: 196.91
GF Value™: NT$38.73 vs. price of NT$53.30 (37.6% above fair value)
Industry Position: 45.1% above the Aerospace & Defense median
No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
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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