Asia Air Survey Co's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 156.08.
Asia Air Survey Co's Days Inventory for the
three
months ended in Mar. 2026 was 8.55.
Asia Air Survey Co's Days Payable for the
three
months ended in Mar. 2026 was 15.79.
Therefore, Asia Air Survey Co's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 148.84.
Asia Air Survey Co (TSE:9233) 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.
Asia Air Survey Co Cash Conversion Cycle Related Terms
Asia Air Survey Co Cash Conversion Cycle Historical Data
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The historical data trend for Asia Air Survey 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.
TSE:9233 vs PWR, FIX, EME: Cash Conversion Cycle Comparison
For the Engineering & Construction subindustry, Asia Air Survey 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.
Asia Air Survey Co Cash Conversion Cycle vs Construction Industry
For the Construction industry and Industrials sector, Asia Air Survey Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Asia Air Survey Co's Cash Conversion Cycle falls into.
Asia Air Survey 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.
Asia Air Survey Co's Cash Conversion Cycle for the fiscal year that ended in Sep. 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.
Asia Air Survey Co (TSE:9233) has a Cash Conversion Cycle of 148.84 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Asia Air Survey Co and its competitors.
Is Asia Air Survey Co's Cash Conversion Cycle too high?
Asia Air Survey Co's current Cash Conversion Cycle is 148.84. The Construction industry median Cash Conversion Cycle is 55.89. Asia Air Survey Co's value of 148.84 is 166.3% above this industry median. Overall, Asia Air Survey Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Cash Conversion Cycle compare to PWR and FIX?
Asia Air Survey Co's Cash Conversion Cycle of 148.84 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.89. Asia Air Survey Co's value of 148.84 is 166.3% 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 Construction company?
The median Cash Conversion Cycle among Construction companies is 55.89, based on 1,764 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. Asia Air Survey Co's current Cash Conversion Cycle of 148.84 is 166.3% 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 Asia Air Survey Co and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Air Survey Co's current Cash Conversion Cycle is 148.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,163.69, compared to a current price of 円1,166.00 — trading 0.2% above its estimated fair value. The current Cash Conversion Cycle is 148.84 and 166.3% above the Construction industry median of 55.89. Asia Air Survey Co's overall GF Score™ is 77/100 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 Asia Air Survey Co (TSE:9233), the current Cash Conversion Cycle is 148.84 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be overvalued.
The current stock price of 円1,166.00 is trading 0.2% above its estimated GF Value™ of 円1,163.69.
GuruFocus considers Asia Air Survey Co to be Fairly Valued.
Key valuation signals for TSE:9233:
Cash Conversion Cycle: 148.84
GF Value™: 円1,163.69 vs. price of 円1,166.00 (0.2% above fair value)
Industry Position: 166.3% above the Construction median
No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
77GF 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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