ASML Holding NV's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 38.85.
ASML Holding NV's Days Inventory for the
three
months ended in Mar. 2026 was 257.77.
ASML Holding NV's Days Payable for the
three
months ended in Mar. 2026 was 78.97.
Therefore, ASML Holding NV's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 217.65.
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.
ASML Holding NV Cash Conversion Cycle Related Terms
ASML Holding NV Cash Conversion Cycle Historical Data
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The historical data trend for ASML Holding NV'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.
ASMLF vs LRCX, AMAT, KLAC: Cash Conversion Cycle Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.
ASML Holding NV Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's Cash Conversion Cycle falls into.
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.
ASML Holding NV's Cash Conversion Cycle for the fiscal year that ended in Dec. 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.
ASML Holding NV (ASMLF) has a Cash Conversion Cycle of 217.65 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ASML Holding NV and its competitors.
Is ASML Holding NV's Cash Conversion Cycle too high?
ASML Holding NV's current Cash Conversion Cycle is 217.65. The Semiconductors industry median Cash Conversion Cycle is 116.21. ASML Holding NV's value of 217.65 is 87.3% above this industry median. Overall, ASML Holding NV has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Cash Conversion Cycle compare to LRCX and AMAT?
ASML Holding NV's Cash Conversion Cycle of 217.65 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. ASML Holding NV's value of 217.65 is 87.3% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. ASML Holding NV's current Cash Conversion Cycle of 217.65 is 87.3% 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 ASML Holding NV and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Cash Conversion Cycle is 217.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (ASMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1,103.19, compared to a current price of $1,746.61 — trading 58.3% above its estimated fair value. The current Cash Conversion Cycle is 217.65 and 87.3% above the Semiconductors industry median of 116.21. ASML Holding NV's overall GF Score™ is 91/100 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 ASML Holding NV (ASMLF), the current Cash Conversion Cycle is 217.65 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 ASML Holding NV (ASMLF) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of $1,746.61 is trading 58.3% above its estimated GF Value™ of $1,103.19.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for ASMLF:
Cash Conversion Cycle: 217.65
GF Value™: $1,103.19 vs. price of $1,746.61 (58.3% above fair value)
Industry Position: 87.3% above the Semiconductors median
No single metric tells the full story. See the ASMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
91GF Score
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