ASUR (Asure Software) Cash Conversion Cycle: 36.10 (As of Mar. 2026)


ASUR Asure Software Inc ASUR
72 GF Score
Price $7.90
GF Value $9.86
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asure Software Cash Conversion Cycle?

Asure Software ASUR +2.20% 72 Cash Conversion Cycle is 36.10 as of Mar. 2026. GuruFocus rates ASUR with a GF Score™ of 72/100 and a GF Value™ of $9.86 (Modestly Undervalued). 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.

Asure Software's Days Sales Outstanding for the three months ended in Mar. 2026 was 31.29.
Asure Software's Days Inventory for the three months ended in Mar. 2026 was 20.32.
Asure Software's Days Payable for the three months ended in Mar. 2026 was 15.51.
Therefore, Asure Software's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 36.10.


Asure Software  (NAS:ASUR) 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.


Asure Software Cash Conversion Cycle Related Terms


Asure Software Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Asure Software'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.

Asure Software Cash Conversion Cycle Chart

Asure Software 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 14.81 20.81 16.63 31.93 42.10

Asure Software 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 29.21 28.00 29.50 36.78 36.10

ASUR vs CMRC, LAW, DSP: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Asure Software'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.


Asure Software Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Asure Software's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Asure Software's Cash Conversion Cycle falls into.


ASUR
72GF Score
Asure Software Inc ASUR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Asure Software 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.

Asure Software'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
=44.17+12.07-14.14
=42.10

Asure Software'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
=31.29+20.32-15.51
=36.10

* 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 36.10 mean?
Asure Software (ASUR) has a Cash Conversion Cycle of 36.10 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Asure Software and its competitors.
Is Asure Software's Cash Conversion Cycle too high?
Asure Software's current Cash Conversion Cycle is 36.10. The Software industry median Cash Conversion Cycle is 32.53. Asure Software's value of 36.10 is 11% above this industry median. Overall, Asure Software has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asure Software's Cash Conversion Cycle compare to CMRC and LAW?
Asure Software's Cash Conversion Cycle of 36.10 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.53. Asure Software's value of 36.10 is 11% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.53, based on 2,807 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. Asure Software's current Cash Conversion Cycle of 36.10 is 11% 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 Asure Software and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asure Software's current Cash Conversion Cycle is 36.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asure Software stock overvalued right now?
Based on GuruFocus' analysis, Asure Software (ASUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.86, compared to a current price of $7.90 — trading 19.9% below its estimated fair value. The current Cash Conversion Cycle is 36.10 and 11% above the Software industry median of 32.53. Asure Software's overall GF Score™ is 72/100 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 Asure Software (ASUR), the current Cash Conversion Cycle is 36.10 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 Asure Software (ASUR) Overvalued in 2026?

Based on GuruFocus' analysis, Asure Software stock appears to be undervalued. The current stock price of $7.90 is trading 19.9% below its estimated GF Value™ of $9.86. GuruFocus considers Asure Software to be Modestly Undervalued.

Key valuation signals for ASUR:

  • Cash Conversion Cycle: 36.10
  • GF Value™: $9.86 vs. price of $7.90 (19.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 11% above the Software median

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


Asure Software Business Description

Address 405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
72GF Score

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

$7.90
Price
$9.86
GF Value