Korea Cast Iron Pipe Co (XKRX:000970) Cash Conversion Cycle: 86.70 (As of Jun. 2026)

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XKRX:000970 Korea Cast Iron Pipe Co Ltd XKRX:000970
71 GF Score
Price ₩6,660.00
GF Value ₩6,102.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Korea Cast Iron Pipe Co Cash Conversion Cycle?

Korea Cast Iron Pipe Co XKRX:000970 71 Cash Conversion Cycle is 86.70 as of Jun. 2026. GuruFocus rates XKRX:000970 with a GF Score™ of 71/100 and a GF Value™ of ₩6,102.89 (Fairly Valued). The stock has 2 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.

Korea Cast Iron Pipe Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 38.33.
Korea Cast Iron Pipe Co's Days Inventory for the three months ended in Jun. 2026 was 80.78.
Korea Cast Iron Pipe Co's Days Payable for the three months ended in Jun. 2026 was 32.41.
Therefore, Korea Cast Iron Pipe Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 86.70.


Korea Cast Iron Pipe Co  (XKRX:000970) 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.


Korea Cast Iron Pipe Co Cash Conversion Cycle Related Terms


Korea Cast Iron Pipe Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Korea Cast Iron Pipe 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.

Korea Cast Iron Pipe Co Cash Conversion Cycle Chart

Korea Cast Iron Pipe Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.20 99.34 85.99 83.41 94.10

Korea Cast Iron Pipe Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 91.74 97.75 92.71 95.62 86.70

XKRX:000970 vs NUE, STLD, RS: Cash Conversion Cycle Comparison

For the Steel subindustry, Korea Cast Iron Pipe 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.


Korea Cast Iron Pipe Co Cash Conversion Cycle vs Steel Industry

For the Steel industry and Basic Materials sector, Korea Cast Iron Pipe Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Korea Cast Iron Pipe Co's Cash Conversion Cycle falls into.


XKRX:000970
71GF Score
Korea Cast Iron Pipe Co Ltd XKRX:000970
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Korea Cast Iron Pipe 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.

Korea Cast Iron Pipe Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=37.05+90.38-33.33
=94.10

Korea Cast Iron Pipe Co's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=38.33+80.78-32.41
=86.70

* 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 86.70 mean?
Korea Cast Iron Pipe Co (XKRX:000970) has a Cash Conversion Cycle of 86.70 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Korea Cast Iron Pipe Co and its competitors.
Is Korea Cast Iron Pipe Co's Cash Conversion Cycle too high?
Korea Cast Iron Pipe Co's current Cash Conversion Cycle is 86.70. The Steel industry median Cash Conversion Cycle is 92.09. Korea Cast Iron Pipe Co's value of 86.70 is 5.9% below this industry median. Overall, Korea Cast Iron Pipe Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Korea Cast Iron Pipe Co's Cash Conversion Cycle compare to NUE and STLD?
Korea Cast Iron Pipe Co's Cash Conversion Cycle of 86.70 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 92.09. Korea Cast Iron Pipe Co's value of 86.70 is 5.9% 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 Steel company?
The median Cash Conversion Cycle among Steel companies is 92.09, based on 608 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. Korea Cast Iron Pipe Co's current Cash Conversion Cycle of 86.70 is 5.9% 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 Korea Cast Iron Pipe Co and its competitors. For the Steel industry, the median Cash Conversion Cycle is 92.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korea Cast Iron Pipe Co's current Cash Conversion Cycle is 86.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Cast Iron Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Korea Cast Iron Pipe Co (XKRX:000970) is currently considered Fairly Valued. The stock's GF Value™ is ₩6,102.89, compared to a current price of ₩6,660.00 — trading 9.1% above its estimated fair value. The current Cash Conversion Cycle is 86.70 and 5.9% below the Steel industry median of 92.09. Korea Cast Iron Pipe Co's overall GF Score™ is 71/100 with 2 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 Korea Cast Iron Pipe Co (XKRX:000970), the current Cash Conversion Cycle is 86.70 as of Jun. 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 Korea Cast Iron Pipe Co (XKRX:000970) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Cast Iron Pipe Co stock appears to be overvalued. The current stock price of ₩6,660.00 is trading 9.1% above its estimated GF Value™ of ₩6,102.89. GuruFocus considers Korea Cast Iron Pipe Co to be Fairly Valued.

Key valuation signals for XKRX:000970:

  • Cash Conversion Cycle: 86.70
  • GF Value™: ₩6,102.89 vs. price of ₩6,660.00 (9.1% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 5.9% below the Steel median

No single metric tells the full story. See the XKRX:000970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Korea Cast Iron Pipe Co Business Description

Address 525 Eulsukdo-daero, Saha-gu, Busan, KOR, 604-030
Korea Cast Iron Pipe Co Ltd is engaged in the manufacturing of cast iron pipes, mild steel pipes, straight and special-shaped pipes, other bolts and nuts, and other machine castings at its Busan Shinpyeong Plant, and produces pile steel pipes and water supply-coated steel pipes at its Pohang Plant.
71GF Score

Get the complete analysis for XKRX:000970

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

₩6,660.00
Price
₩6,102.89
GF Value