X2M Connect (ASX:X2M) Cash Conversion Cycle: -86.14 (As of Dec. 2025)


What is X2M Connect Cash Conversion Cycle?

X2M Connect ASX:X2M Cash Conversion Cycle is -86.14 as of Dec. 2025. The stock has 8 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.

X2M Connect's Days Sales Outstanding for the six months ended in Dec. 2025 was 46.29.
X2M Connect's Days Inventory for the six months ended in Dec. 2025 was 5.63.
X2M Connect's Days Payable for the six months ended in Dec. 2025 was 138.06.
Therefore, X2M Connect's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was -86.14.


X2M Connect  (ASX:X2M) 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.


X2M Connect Cash Conversion Cycle Related Terms


X2M Connect Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for X2M Connect'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.

X2M Connect Cash Conversion Cycle Chart

X2M Connect Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
-28.78 -45.62 -105.44 -227.65

X2M Connect Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only -94.00 -100.07 -309.14 -310.46 -86.14

ASX:X2M vs COHR, KEYS, GRMN: Cash Conversion Cycle Comparison

For the Scientific & Technical Instruments subindustry, X2M Connect'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.


X2M Connect Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where X2M Connect's Cash Conversion Cycle falls into.



X2M Connect 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.

X2M Connect's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=94.34+12.58-334.57
=-227.65

X2M Connect's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=46.29+5.63-138.06
=-86.14

* 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 -86.14 mean?
X2M Connect (ASX:X2M) has a Cash Conversion Cycle of -86.14 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on X2M Connect and its competitors.
Is X2M Connect's Cash Conversion Cycle too high?
X2M Connect's current Cash Conversion Cycle is -86.14.
How does X2M Connect's Cash Conversion Cycle compare to COHR and KEYS?
X2M Connect's Cash Conversion Cycle of -86.14 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,478 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. 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 X2M Connect and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Cash Conversion Cycle is -86.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.00 — trading 60% below its estimated fair value. The current Cash Conversion Cycle is -86.14. 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 X2M Connect (ASX:X2M), the current Cash Conversion Cycle is -86.14 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.

X2M Connect Business Description

Address 18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.