BTDR (Bitdeer Technologies Group) Cash Conversion Cycle: 138.03 (As of Mar. 2026)


BTDR Bitdeer Technologies Group BTDR
69 GF Score
Price $15.86
GF Value $13.77
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Bitdeer Technologies Group Cash Conversion Cycle?

Bitdeer Technologies Group BTDR -7.52% 69 Cash Conversion Cycle is 138.03 as of Mar. 2026. GuruFocus rates BTDR with a GF Score™ of 69/100 and a GF Value™ of $13.77 (Modestly Overvalued). The stock has 10 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.

Bitdeer Technologies Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 15.61.
Bitdeer Technologies Group's Days Inventory for the three months ended in Mar. 2026 was 173.13.
Bitdeer Technologies Group's Days Payable for the three months ended in Mar. 2026 was 50.71.
Therefore, Bitdeer Technologies Group's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 138.03.


Bitdeer Technologies Group  (NAS:BTDR) 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.


Bitdeer Technologies Group Cash Conversion Cycle Related Terms


Bitdeer Technologies Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Bitdeer Technologies Group'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.

Bitdeer Technologies Group Cash Conversion Cycle Chart

Bitdeer Technologies Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial -19.83 -9.65 -12.20 14.86 66.10

Bitdeer Technologies Group Quarterly Data
Dec20 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 96.95 82.41 109.41 70.77 138.03

BTDR vs LIF, PTRN, OCTV: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Bitdeer Technologies 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.


Bitdeer Technologies Group Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where Bitdeer Technologies Group's Cash Conversion Cycle falls into.


BTDR
69GF Score
Bitdeer Technologies Group BTDR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Bitdeer Technologies 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.

Bitdeer Technologies Group'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
=12.06+103.41-49.37
=66.10

Bitdeer Technologies Group'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
=15.61+173.13-50.71
=138.03

* 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 138.03 mean?
Bitdeer Technologies Group (BTDR) has a Cash Conversion Cycle of 138.03 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Bitdeer Technologies Group and its competitors.
Is Bitdeer Technologies Group's Cash Conversion Cycle too high?
Bitdeer Technologies Group's current Cash Conversion Cycle is 138.03. The Software industry median Cash Conversion Cycle is 32.25. Bitdeer Technologies Group's value of 138.03 is 328% above this industry median. Overall, Bitdeer Technologies Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitdeer Technologies Group's Cash Conversion Cycle compare to LIF and PTRN?
Bitdeer Technologies Group's Cash Conversion Cycle of 138.03 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. Bitdeer Technologies Group's value of 138.03 is 328% 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 32.25, 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. Bitdeer Technologies Group's current Cash Conversion Cycle of 138.03 is 328% 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 Bitdeer Technologies 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. Bitdeer Technologies Group's current Cash Conversion Cycle is 138.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitdeer Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Bitdeer Technologies Group (BTDR) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.77, compared to a current price of $15.86 — trading 15.2% above its estimated fair value. The current Cash Conversion Cycle is 138.03 and 328% above the Software industry median of 32.25. Bitdeer Technologies Group's overall GF Score™ is 69/100 with 10 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 Bitdeer Technologies Group (BTDR), the current Cash Conversion Cycle is 138.03 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 Bitdeer Technologies Group (BTDR) Overvalued in 2026?

Based on GuruFocus' analysis, Bitdeer Technologies Group stock appears to be overvalued. The current stock price of $15.86 is trading 15.2% above its estimated GF Value™ of $13.77. GuruFocus considers Bitdeer Technologies Group to be Modestly Overvalued.

Key valuation signals for BTDR:

  • Cash Conversion Cycle: 138.03
  • GF Value™: $13.77 vs. price of $15.86 (15.2% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 328% above the Software median

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


Bitdeer Technologies Group Business Description

Other Exchanges 1BTDR:ItalyR1T:Germany
Address 08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509
Bitdeer Technologies Group is principally engaged in the provision of digital asset mining services. The Company does not conduct any substantive operations on its own but conducts its primary operations through its subsidiaries. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway, Bhutan and Singapore.
69GF Score

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

$15.86
Price
$13.77
GF Value