Macquarie Technology Group (ASX:MAQ) 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.
Macquarie Technology Group Cash Conversion Cycle Related Terms
Macquarie Technology Group Cash Conversion Cycle Historical Data
* 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.
Macquarie Technology Group Cash Conversion Cycle Chart
ASX:MAQ vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, Macquarie Technology Group'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.
Macquarie Technology Group Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Macquarie Technology Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Macquarie Technology Group's Cash Conversion Cycle falls into.
Macquarie Technology Group 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.
Macquarie Technology Group's Cash Conversion Cycle for the fiscal year that ended in Jun. 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.
Macquarie Technology Group (ASX:MAQ) has a Cash Conversion Cycle of 19.29 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Macquarie Technology Group and its competitors.
Is Macquarie Technology Group's Cash Conversion Cycle too high?
Macquarie Technology Group's current Cash Conversion Cycle is 19.29. The Software industry median Cash Conversion Cycle is 32.25. Macquarie Technology Group's value of 19.29 is 40.2% below this industry median. Overall, Macquarie Technology Group has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macquarie Technology Group's Cash Conversion Cycle compare to IBM and ACN?
Macquarie Technology Group's Cash Conversion Cycle of 19.29 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. Macquarie Technology Group's value of 19.29 is 40.2% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,803 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. Macquarie Technology Group's current Cash Conversion Cycle of 19.29 is 40.2% 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 Macquarie Technology Group and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macquarie Technology Group's current Cash Conversion Cycle is 19.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Technology Group (ASX:MAQ) is currently considered Fairly Valued. The stock's GF Value™ is A$67.85, compared to a current price of A$69.81 — trading 2.9% above its estimated fair value. The current Cash Conversion Cycle is 19.29 and 40.2% below the Software industry median of 32.25. Macquarie Technology Group's overall GF Score™ is 95/100 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 Macquarie Technology Group (ASX:MAQ), the current Cash Conversion Cycle is 19.29 as of Dec. 2025. 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 Macquarie Technology Group (ASX:MAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Macquarie Technology Group stock appears to be overvalued.
The current stock price of A$69.81 is trading 2.9% above its estimated GF Value™ of A$67.85.
GuruFocus considers Macquarie Technology Group to be Fairly Valued.
Key valuation signals for ASX:MAQ:
Cash Conversion Cycle: 19.29
GF Value™: A$67.85 vs. price of A$69.81 (2.9% above fair value)
Industry Position: 40.2% below the Software median
No single metric tells the full story. See the ASX:MAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macquarie Technology Group operates three business segments. The telecom division is how the group first began in 1992, providing voice, mobile, and general connectivity and network security services to businesses utilizing its data network. The cloud services and government division leverages the group's data center facilities to provide cybersecurity, colocation services, public and private cloud, and storage services to corporate and government customers. In 2018, the data centers division was separately launched, providing sovereign data centers for governments, major hyperscalers, and large multinationals.
95GF Score
Get the complete analysis for ASX:MAQ
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MAQ has been successfully added to your 
