Myoung Shin Industry Co (XKRX:009900) Cash Conversion Cycle: 31.38 (As of Jun. 2026)

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XKRX:009900 Myoung Shin Industry Co Ltd XKRX:009900
89 GF Score
Price ₩8,150.00
GF Value ₩11,852.14
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Myoung Shin Industry Co Cash Conversion Cycle?

Myoung Shin Industry Co XKRX:009900 -1.09% 89 Cash Conversion Cycle is 31.38 as of Jun. 2026. GuruFocus rates XKRX:009900 with a GF Score™ of 89/100 and a GF Value™ of ₩11,852.14 (Significantly Undervalued). The stock has 3 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.

Myoung Shin Industry Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 45.16.
Myoung Shin Industry Co's Days Inventory for the three months ended in Jun. 2026 was 28.69.
Myoung Shin Industry Co's Days Payable for the three months ended in Jun. 2026 was 42.47.
Therefore, Myoung Shin Industry Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 31.38.


Myoung Shin Industry Co  (XKRX:009900) 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.


Myoung Shin Industry Co Cash Conversion Cycle Related Terms


Myoung Shin Industry Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Myoung Shin Industry 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.

Myoung Shin Industry Co Cash Conversion Cycle Chart

Myoung Shin Industry 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 36.60 39.74 38.78 40.59 34.86

Myoung Shin Industry 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 40.31 36.15 33.02 32.04 31.38

XKRX:009900 vs ORLY, AZO, GPC: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Myoung Shin Industry 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.


Myoung Shin Industry Co Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Myoung Shin Industry Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Myoung Shin Industry Co's Cash Conversion Cycle falls into.


XKRX:009900
89GF Score
Myoung Shin Industry Co Ltd XKRX:009900
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Myoung Shin Industry 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.

Myoung Shin Industry 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
=44.36+29.38-38.88
=34.86

Myoung Shin Industry 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
=45.16+28.69-42.47
=31.38

* 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 31.38 mean?
Myoung Shin Industry Co (XKRX:009900) has a Cash Conversion Cycle of 31.38 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Myoung Shin Industry Co and its competitors.
Is Myoung Shin Industry Co's Cash Conversion Cycle too high?
Myoung Shin Industry Co's current Cash Conversion Cycle is 31.38. The Vehicles & Parts industry median Cash Conversion Cycle is 67.06. Myoung Shin Industry Co's value of 31.38 is 53.2% below this industry median. Overall, Myoung Shin Industry Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Myoung Shin Industry Co's Cash Conversion Cycle compare to ORLY and AZO?
Myoung Shin Industry Co's Cash Conversion Cycle of 31.38 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.06. Myoung Shin Industry Co's value of 31.38 is 53.2% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.06, based on 1,329 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. Myoung Shin Industry Co's current Cash Conversion Cycle of 31.38 is 53.2% 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 Myoung Shin Industry Co and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myoung Shin Industry Co's current Cash Conversion Cycle is 31.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myoung Shin Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Myoung Shin Industry Co (XKRX:009900) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩11,852.14, compared to a current price of ₩8,150.00 — trading 31.2% below its estimated fair value. The current Cash Conversion Cycle is 31.38 and 53.2% below the Vehicles & Parts industry median of 67.06. Myoung Shin Industry Co's overall GF Score™ is 89/100 with 3 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 Myoung Shin Industry Co (XKRX:009900), the current Cash Conversion Cycle is 31.38 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 Myoung Shin Industry Co (XKRX:009900) Overvalued in 2026?

Based on GuruFocus' analysis, Myoung Shin Industry Co stock appears to be undervalued. The current stock price of ₩8,150.00 is trading 31.2% below its estimated GF Value™ of ₩11,852.14. GuruFocus considers Myoung Shin Industry Co to be Significantly Undervalued.

Key valuation signals for XKRX:009900:

  • Cash Conversion Cycle: 31.38
  • GF Value™: ₩11,852.14 vs. price of ₩8,150.00 (31.2% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 53.2% below the Vehicles & Parts median

No single metric tells the full story. See the XKRX:009900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Myoung Shin Industry Co Business Description

Address 91, Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongsangbuk-do, Gyeongju-si, KOR
Myoung Shin Industry Co Ltd operates in the automobile body parts and strives manufacturing industry.
89GF Score

Get the complete analysis for XKRX:009900

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

₩8,150.00
Price
₩11,852.14
GF Value