NAT Absolute Technologies PCL (BKK:NAT) Cash Conversion Cycle: 43.08 (As of Mar. 2026)

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BKK:NAT NAT Absolute Technologies PCL BKK:NAT
22 GF Score
Price ฿1.75
! 4 Warning Signs
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What is NAT Absolute Technologies PCL Cash Conversion Cycle?

NAT Absolute Technologies PCL BKK:NAT +1.74% 22 Cash Conversion Cycle is 43.08 as of Mar. 2026. GuruFocus rates BKK:NAT with a GF Score™ of 22/100. The stock has 4 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.

NAT Absolute Technologies PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 92.79.
NAT Absolute Technologies PCL's Days Inventory for the three months ended in Mar. 2026 was 10.71.
NAT Absolute Technologies PCL's Days Payable for the three months ended in Mar. 2026 was 60.42.
Therefore, NAT Absolute Technologies PCL's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 43.08.


NAT Absolute Technologies PCL  (BKK:NAT) 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.


NAT Absolute Technologies PCL Cash Conversion Cycle Related Terms


NAT Absolute Technologies PCL Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for NAT Absolute Technologies PCL'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.

NAT Absolute Technologies PCL Cash Conversion Cycle Chart

NAT Absolute Technologies PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
-35.21 -32.23 -25.76 11.21 103.23

NAT Absolute Technologies PCL Quarterly Data
Dec21 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 120.94 75.15 74.66 72.75 43.08

BKK:NAT vs IBM, ACN, FISV: Cash Conversion Cycle Comparison

For the Information Technology Services subindustry, NAT Absolute Technologies PCL'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.


NAT Absolute Technologies PCL Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where NAT Absolute Technologies PCL's Cash Conversion Cycle falls into.


BKK:NAT
22GF Score
NAT Absolute Technologies PCL BKK:NAT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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NAT Absolute Technologies PCL 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.

NAT Absolute Technologies PCL'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
=155.63+5.27-57.67
=103.23

NAT Absolute Technologies PCL'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
=92.79+10.71-60.42
=43.08

* 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 43.08 mean?
NAT Absolute Technologies PCL (BKK:NAT) has a Cash Conversion Cycle of 43.08 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on NAT Absolute Technologies PCL and its competitors.
Is NAT Absolute Technologies PCL's Cash Conversion Cycle too high?
NAT Absolute Technologies PCL's current Cash Conversion Cycle is 43.08. The Software industry median Cash Conversion Cycle is 32.17. NAT Absolute Technologies PCL's value of 43.08 is 33.9% above this industry median. Overall, NAT Absolute Technologies PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does NAT Absolute Technologies PCL's Cash Conversion Cycle compare to IBM and ACN?
NAT Absolute Technologies PCL's Cash Conversion Cycle of 43.08 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.17. NAT Absolute Technologies PCL's value of 43.08 is 33.9% 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 32.17, 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. NAT Absolute Technologies PCL's current Cash Conversion Cycle of 43.08 is 33.9% 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 NAT Absolute Technologies PCL and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAT Absolute Technologies PCL's current Cash Conversion Cycle is 43.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAT Absolute Technologies PCL stock overvalued right now?
NAT Absolute Technologies PCL (BKK:NAT) has a current Cash Conversion Cycle of 43.08. The current Cash Conversion Cycle is 43.08 and 33.9% above the Software industry median of 32.17. NAT Absolute Technologies PCL's overall GF Score™ is 22/100 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 NAT Absolute Technologies PCL (BKK:NAT), the current Cash Conversion Cycle is 43.08 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.

NAT Absolute Technologies PCL Business Description

Address Ratchadaphisek Road, 89 AIA Capital Center Building, Room 908, 9th Floor, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. The company provides consulting services, design, procurement and distribution of equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).
22GF Score

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

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