Positivo Tecnologia (BSP:POSI3) Cash Conversion Cycle: 168.49 (As of Mar. 2026)


BSP:POSI3 Positivo Tecnologia SA BSP:POSI3
74 GF Score
Price R$3.92
GF Value R$5.46
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Positivo Tecnologia Cash Conversion Cycle?

Positivo Tecnologia BSP:POSI3 -0.25% 74 Cash Conversion Cycle is 168.49 as of Mar. 2026. GuruFocus rates BSP:POSI3 with a GF Score™ of 74/100 and a GF Value™ of R$5.46 (Modestly Undervalued). The stock has 7 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.

Positivo Tecnologia's Days Sales Outstanding for the three months ended in Mar. 2026 was 84.88.
Positivo Tecnologia's Days Inventory for the three months ended in Mar. 2026 was 188.75.
Positivo Tecnologia's Days Payable for the three months ended in Mar. 2026 was 105.14.
Therefore, Positivo Tecnologia's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 168.49.


Positivo Tecnologia  (BSP:POSI3) 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.


Positivo Tecnologia Cash Conversion Cycle Related Terms


Positivo Tecnologia Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Positivo Tecnologia'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.

Positivo Tecnologia Cash Conversion Cycle Chart

Positivo Tecnologia 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 100.34 128.96 200.01 171.84 153.60

Positivo Tecnologia 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 193.84 160.59 152.92 121.80 168.49

BSP:POSI3 vs SNDK, DELL, STX: Cash Conversion Cycle Comparison

For the Computer Hardware subindustry, Positivo Tecnologia'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.


Positivo Tecnologia Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Positivo Tecnologia's Cash Conversion Cycle falls into.


BSP:POSI3
74GF Score
Positivo Tecnologia SA BSP:POSI3
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Positivo Tecnologia 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.

Positivo Tecnologia'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
=94.92+156.8-98.12
=153.60

Positivo Tecnologia'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
=84.88+188.75-105.14
=168.49

* 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 168.49 mean?
Positivo Tecnologia (BSP:POSI3) has a Cash Conversion Cycle of 168.49 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Positivo Tecnologia and its competitors.
Is Positivo Tecnologia's Cash Conversion Cycle too high?
Positivo Tecnologia's current Cash Conversion Cycle is 168.49. The Hardware industry median Cash Conversion Cycle is 98.95. Positivo Tecnologia's value of 168.49 is 70.3% above this industry median. Overall, Positivo Tecnologia has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Positivo Tecnologia's Cash Conversion Cycle compare to SNDK and DELL?
Positivo Tecnologia's Cash Conversion Cycle of 168.49 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Positivo Tecnologia's value of 168.49 is 70.3% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,477 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. Positivo Tecnologia's current Cash Conversion Cycle of 168.49 is 70.3% 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 Positivo Tecnologia 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. Positivo Tecnologia's current Cash Conversion Cycle is 168.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Positivo Tecnologia stock overvalued right now?
Based on GuruFocus' analysis, Positivo Tecnologia (BSP:POSI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.46, compared to a current price of R$3.92 — trading 28.2% below its estimated fair value. The current Cash Conversion Cycle is 168.49 and 70.3% above the Hardware industry median of 98.95. Positivo Tecnologia's overall GF Score™ is 74/100 with 7 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 Positivo Tecnologia (BSP:POSI3), the current Cash Conversion Cycle is 168.49 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 Positivo Tecnologia (BSP:POSI3) Overvalued in 2026?

Based on GuruFocus' analysis, Positivo Tecnologia stock appears to be undervalued. The current stock price of R$3.92 is trading 28.2% below its estimated GF Value™ of R$5.46. GuruFocus considers Positivo Tecnologia to be Modestly Undervalued.

Key valuation signals for BSP:POSI3:

  • Cash Conversion Cycle: 168.49
  • GF Value™: R$5.46 vs. price of R$3.92 (28.2% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 70.3% above the Hardware median

No single metric tells the full story. See the BSP:POSI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Positivo Tecnologia Business Description

Address Rua Joao Bettega 5200, Bairro Cidade Industrial, Curitiba, PR, BRA, 81350-000
Positivo Tecnologia SA is a technology company. The Company is mainly engaged in the manufacturing, sale, and development of information technology projects; the manufacturing, sale, and lease of software and hardware; the sale of IT equipment, educational application systems, and school administration systems, as well as planning and providing technical and educational support; the representation, sale, implementation, training, and provision of technical support services for equipment and technical, technological, and scientific education systems across various fields; the development, manufacturing, and sale of electronic voting machines; and the provision of services in the information technology industry, including managed IT services.
74GF Score

Get the complete analysis for BSP:POSI3

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

R$3.92
Price
R$5.46
GF Value