SY (So-Young International) Cash Conversion Cycle: 99.13 (As of Mar. 2026)


SY So-Young International Inc SY
77 GF Score
Price $1.42
GF Value $1.48
Valuation Fairly Valued
! 2 Warning Signs
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What is So-Young International Cash Conversion Cycle?

So-Young International SY -4.11% 77 Cash Conversion Cycle is 99.13 as of Mar. 2026. GuruFocus rates SY with a GF Score™ of 77/100 and a GF Value™ of $1.48 (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.

So-Young International's Days Sales Outstanding for the three months ended in Mar. 2026 was 9.89.
So-Young International's Days Inventory for the three months ended in Mar. 2026 was 89.24.
So-Young International's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, So-Young International's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 99.13.


So-Young International  (NAS:SY) 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.


So-Young International Cash Conversion Cycle Related Terms


So-Young International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for So-Young International'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.

So-Young International Cash Conversion Cycle Chart

So-Young International 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 113.66 116.47 92.70 107.34 104.82

So-Young International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 127.49 123.19 114.64 87.72 99.13

SY vs LFMD, SPOK, AMWL: Cash Conversion Cycle Comparison

For the Health Information Services subindustry, So-Young International'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.


So-Young International Cash Conversion Cycle vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, So-Young International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where So-Young International's Cash Conversion Cycle falls into.


SY
77GF Score
So-Young International Inc SY
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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So-Young International 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.

So-Young International'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
=17.62+87.2-0
=104.82

So-Young International's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=9.89+89.24-0
=99.13

* 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 99.13 mean?
So-Young International (SY) has a Cash Conversion Cycle of 99.13 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on So-Young International and its competitors.
Is So-Young International's Cash Conversion Cycle too high?
So-Young International's current Cash Conversion Cycle is 99.13. The Healthcare Providers & Services industry median Cash Conversion Cycle is 18.32. So-Young International's value of 99.13 is 441.1% above this industry median. Overall, So-Young International has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does So-Young International's Cash Conversion Cycle compare to LFMD and SPOK?
So-Young International's Cash Conversion Cycle of 99.13 can be compared against companies in the Healthcare Providers & Services industry. The industry median Cash Conversion Cycle is 18.32. So-Young International's value of 99.13 is 441.1% 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 a Healthcare Providers & Services company?
The median Cash Conversion Cycle among Healthcare Providers & Services companies is 18.32, based on 667 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. So-Young International's current Cash Conversion Cycle of 99.13 is 441.1% 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 So-Young International and its competitors. For the Healthcare Providers & Services industry, the median Cash Conversion Cycle is 18.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. So-Young International's current Cash Conversion Cycle is 99.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is So-Young International stock overvalued right now?
Based on GuruFocus' analysis, So-Young International (SY) is currently considered Fairly Valued. The stock's GF Value™ is $1.48, compared to a current price of $1.42 — trading 4.4% below its estimated fair value. The current Cash Conversion Cycle is 99.13 and 441.1% above the Healthcare Providers & Services industry median of 18.32. So-Young International's overall GF Score™ is 77/100 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 So-Young International (SY), the current Cash Conversion Cycle is 99.13 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 So-Young International (SY) Overvalued in 2026?

Based on GuruFocus' analysis, So-Young International stock appears to be undervalued. The current stock price of $1.42 is trading 4.4% below its estimated GF Value™ of $1.48. GuruFocus considers So-Young International to be Fairly Valued.

Key valuation signals for SY:

  • Cash Conversion Cycle: 99.13
  • GF Value™: $1.48 vs. price of $1.42 (4.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 441.1% above the Healthcare Providers & Services median

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


So-Young International Business Description

Address No. 66 Xiangbin Road, 2nd Floor, East Tower, Poly Plaza, Chaoyang District, Beijing, CHN, 100012
So-Young International Inc is an aesthetic treatment platform in China connecting consumers with online services and offline treatments. Its online platform operates across multiple access points, including mobile app, Weixin mini program, and soyoung.com website, where both consumers and aesthetic practitioners can access media content, an engaging social community and a transparent reservation system. The company has four reportable segments: Aesthetic treatment services group, Platform service group, Wuhan Miracle, and Others. The majority of revenue is derived from the Platform service group, which generates revenue by providing information services and reservation services. All the company's revenues are derived from within the PRC.
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.

$1.42
Price
$1.48
GF Value