Starlux Airlines Co (TPE:2646) Cash Conversion Cycle: 1.70 (As of Dec. 2025)


TPE:2646 Starlux Airlines Co Ltd TPE:2646
47 GF Score
Price NT$21.30
GF Value NT$31.78
Valuation Possible Value Trap
! 9 Warning Signs
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What is Starlux Airlines Co Cash Conversion Cycle?

Starlux Airlines Co TPE:2646 +1.19% 47 Cash Conversion Cycle is 1.70 as of Dec. 2025. GuruFocus rates TPE:2646 with a GF Score™ of 47/100 and a GF Value™ of NT$31.78 (Possible Value Trap). 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.

Starlux Airlines Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 11.89.
Starlux Airlines Co's Days Inventory for the three months ended in Dec. 2025 was 21.82.
Starlux Airlines Co's Days Payable for the three months ended in Dec. 2025 was 32.01.
Therefore, Starlux Airlines Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 1.70.


Starlux Airlines Co  (TPE:2646) 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.


Starlux Airlines Co Cash Conversion Cycle Related Terms


Starlux Airlines Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Starlux Airlines 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.

Starlux Airlines Co Cash Conversion Cycle Chart

Starlux Airlines Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 1.75 -0.96 -10.86 -5.81 1.60

Starlux Airlines Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 -2.42 -2.76 -1.92 -1.58 1.70

TPE:2646 vs DAL, UAL, LUV: Cash Conversion Cycle Comparison

For the Airlines subindustry, Starlux Airlines 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.


Starlux Airlines Co Cash Conversion Cycle vs Transportation Industry

For the Transportation industry and Industrials sector, Starlux Airlines Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Starlux Airlines Co's Cash Conversion Cycle falls into.


TPE:2646
47GF Score
Starlux Airlines Co Ltd TPE:2646
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Starlux Airlines 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.

Starlux Airlines 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
=11.04+21-30.44
=1.60

Starlux Airlines 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
=11.89+21.82-32.01
=1.70

* 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 1.70 mean?
Starlux Airlines Co (TPE:2646) has a Cash Conversion Cycle of 1.70 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starlux Airlines Co and its competitors.
Is Starlux Airlines Co's Cash Conversion Cycle too high?
Starlux Airlines Co's current Cash Conversion Cycle is 1.70. The Transportation industry median Cash Conversion Cycle is 20.27. Starlux Airlines Co's value of 1.70 is 91.6% below this industry median. Overall, Starlux Airlines Co has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Starlux Airlines Co's Cash Conversion Cycle compare to DAL and UAL?
Starlux Airlines Co's Cash Conversion Cycle of 1.70 can be compared against companies in the Transportation industry. The industry median Cash Conversion Cycle is 20.27. Starlux Airlines Co's value of 1.70 is 91.6% 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 Transportation company?
The median Cash Conversion Cycle among Transportation companies is 20.27, based on 1,002 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. Starlux Airlines Co's current Cash Conversion Cycle of 1.70 is 91.6% 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 Starlux Airlines Co and its competitors. For the Transportation industry, the median Cash Conversion Cycle is 20.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starlux Airlines Co's current Cash Conversion Cycle is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlux Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Starlux Airlines Co (TPE:2646) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.78, compared to a current price of NT$21.30 — trading 33% below its estimated fair value. The current Cash Conversion Cycle is 1.70 and 91.6% below the Transportation industry median of 20.27. Starlux Airlines Co's overall GF Score™ is 47/100 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 Starlux Airlines Co (TPE:2646), the current Cash Conversion Cycle is 1.70 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 Starlux Airlines Co (TPE:2646) Overvalued in 2026?

Based on GuruFocus' analysis, Starlux Airlines Co stock appears to be undervalued. The current stock price of NT$21.30 is trading 33% below its estimated GF Value™ of NT$31.78. GuruFocus considers Starlux Airlines Co to be Possible Value Trap.

Key valuation signals for TPE:2646:

  • Cash Conversion Cycle: 1.70
  • GF Value™: NT$31.78 vs. price of NT$21.30 (33% below fair value)
  • GF Score™: 47/100 with 9 warning signs
  • Industry Position: 91.6% below the Transportation median

No single metric tells the full story. See the TPE:2646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starlux Airlines Co Business Description

Address Zhongxiao E. Road, Section 4, No. 525, 11th Floor, Xinyi District, Taipei, TWN, 11470
Starlux Airlines Co Ltd is an airline company that offers airline services. The company provides civil air transportation, civil aviation personnel training, and other services. It offers flights to more than ten Northeast Asia, Southeast Asia, and Macau destinations. Geographically, the company generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), North America, and other regions.
47GF Score

Get the complete analysis for TPE:2646

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

NT$21.30
Price
NT$31.78
GF Value