Hightech Payment Systems (CAS:HPS) Cash Conversion Cycle: 206.22 (As of Dec. 2025)

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CAS:HPS Hightech Payment Systems SA CAS:HPS
100 GF Score
Price MAD645.00
GF Value MAD824.83
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hightech Payment Systems Cash Conversion Cycle?

Hightech Payment Systems CAS:HPS +0.31% 100 Cash Conversion Cycle is 206.22 as of Dec. 2025. GuruFocus rates CAS:HPS with a GF Score™ of 100/100 and a GF Value™ of MAD824.83 (Modestly Undervalued). 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.

Hightech Payment Systems's Days Sales Outstanding for the six months ended in Dec. 2025 was 171.19.
Hightech Payment Systems's Days Inventory for the six months ended in Dec. 2025 was 69.17.
Hightech Payment Systems's Days Payable for the six months ended in Dec. 2025 was 34.14.
Therefore, Hightech Payment Systems's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 206.22.


Hightech Payment Systems  (CAS:HPS) 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.


Hightech Payment Systems Cash Conversion Cycle Related Terms


Hightech Payment Systems Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Hightech Payment Systems'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.

Hightech Payment Systems Cash Conversion Cycle Chart

Hightech Payment Systems 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 276.05 280.14 293.36 291.55 240.25

Hightech Payment Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 283.15 303.14 274.52 293.41 206.22

CAS:HPS vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison

For the Software - Infrastructure subindustry, Hightech Payment Systems'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.


Hightech Payment Systems Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Hightech Payment Systems's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hightech Payment Systems's Cash Conversion Cycle falls into.


CAS:HPS
100GF Score
Hightech Payment Systems SA CAS:HPS
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Hightech Payment Systems 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.

Hightech Payment Systems'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
=215.95+67.14-42.84
=240.25

Hightech Payment Systems'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
=171.19+69.17-34.14
=206.22

* 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 206.22 mean?
Hightech Payment Systems (CAS:HPS) has a Cash Conversion Cycle of 206.22 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hightech Payment Systems and its competitors.
Is Hightech Payment Systems' Cash Conversion Cycle too high?
Hightech Payment Systems' current Cash Conversion Cycle is 206.22. The Software industry median Cash Conversion Cycle is 30.89. Hightech Payment Systems' value of 206.22 is 567.6% above this industry median. Overall, Hightech Payment Systems has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hightech Payment Systems' Cash Conversion Cycle compare to MSFT and ORCL?
Hightech Payment Systems' Cash Conversion Cycle of 206.22 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 30.89. Hightech Payment Systems' value of 206.22 is 567.6% 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 30.89, based on 2,816 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. Hightech Payment Systems's current Cash Conversion Cycle of 206.22 is 567.6% 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 Hightech Payment Systems and its competitors. For the Software industry, the median Cash Conversion Cycle is 30.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hightech Payment Systems's current Cash Conversion Cycle is 206.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hightech Payment Systems stock overvalued right now?
Based on GuruFocus' analysis, Hightech Payment Systems (CAS:HPS) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD824.83, compared to a current price of MAD645.00 — trading 21.8% below its estimated fair value. The current Cash Conversion Cycle is 206.22 and 567.6% above the Software industry median of 30.89. Hightech Payment Systems' overall GF Score™ is 100/100 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 Hightech Payment Systems (CAS:HPS), the current Cash Conversion Cycle is 206.22 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 Hightech Payment Systems (CAS:HPS) Overvalued in 2026?

Based on GuruFocus' analysis, Hightech Payment Systems stock appears to be undervalued. The current stock price of MAD645.00 is trading 21.8% below its estimated GF Value™ of MAD824.83. GuruFocus considers Hightech Payment Systems to be Modestly Undervalued.

Key valuation signals for CAS:HPS:

  • Cash Conversion Cycle: 206.22
  • GF Value™: MAD824.83 vs. price of MAD645.00 (21.8% below fair value)
  • GF Score™: 100/100 with 4 warning signs
  • Industry Position: 567.6% above the Software median

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


Hightech Payment Systems Business Description

Address 1100, Boulevard Al Qods - Sidi Maarouf, Casablanca Nearshore Park, Shore 1, Casablanca, MAR, 20270
Hightech Payment Systems SA is the group that provides solutions and services involving electronic payment. The company provides its clients with technology solutions that transcend the entire payments value chain, enabling them to innovate rapidly and bring new products to market with ease and efficiency using HPS' PowerCARD software. The PowerCARD suite is fully integrated with all international payment networks, and supports all back-office payments functions. The company's software and services are sold covering many geographical areas such as Europe, Americas, Africa and the Middle East and Asia. The group's majority revenue is generated from Africa.
100GF Score

Get the complete analysis for CAS:HPS

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

MAD645.00
Price
MAD824.83
GF Value