Kitron ASA (CHIX:KITO) Cash Conversion Cycle: 30.62 (As of Mar. 2026)


CHIX:KITO Kitron ASA CHIX:KITO
84 GF Score
Price kr105.20
GF Value kr50.00
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kitron ASA Cash Conversion Cycle?

Kitron ASA CHIX:KITO 84 Cash Conversion Cycle is 30.62 as of Mar. 2026. GuruFocus rates CHIX:KITO with a GF Score™ of 84/100 and a GF Value™ of kr50.00 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Kitron ASA's Days Sales Outstanding for the three months ended in Mar. 2026 was 58.51.
Kitron ASA's Days Inventory for the three months ended in Mar. 2026 was 89.37.
Kitron ASA's Days Payable for the three months ended in Mar. 2026 was 117.26.
Therefore, Kitron ASA's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 30.62.


Kitron ASA  (CHIX:KITo) 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.


Kitron ASA Cash Conversion Cycle Related Terms


Kitron ASA Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Kitron ASA'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.

Kitron ASA Cash Conversion Cycle Chart

Kitron ASA 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 68.82 76.90 81.32 94.88 79.84

Kitron ASA 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 75.48 48.33 27.46 33.82 30.62

CHIX:KITO vs APH, GLW, TEL: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Kitron ASA'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.


Kitron ASA Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Kitron ASA's Cash Conversion Cycle falls into.


CHIX:KITO
84GF Score
Kitron ASA CHIX:KITO
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitron ASA 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.

Kitron ASA'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
=67.56+110.32-98.04
=79.84

Kitron ASA'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
=58.51+89.37-117.26
=30.62

* 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 30.62 mean?
Kitron ASA (CHIX:KITO) has a Cash Conversion Cycle of 30.62 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Kitron ASA and its competitors.
Is Kitron ASA's Cash Conversion Cycle too high?
Kitron ASA's current Cash Conversion Cycle is 30.62. The Hardware industry median Cash Conversion Cycle is 98.95. Kitron ASA's value of 30.62 is 69.1% below this industry median. Overall, Kitron ASA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitron ASA's Cash Conversion Cycle compare to APH and GLW?
Kitron ASA's Cash Conversion Cycle of 30.62 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Kitron ASA's value of 30.62 is 69.1% below 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. Kitron ASA's current Cash Conversion Cycle of 30.62 is 69.1% below 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 Kitron ASA 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. Kitron ASA's current Cash Conversion Cycle is 30.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitron ASA stock overvalued right now?
Based on GuruFocus' analysis, Kitron ASA (CHIX:KITO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr50.00, compared to a current price of kr105.20 — trading 110.4% above its estimated fair value. The current Cash Conversion Cycle is 30.62 and 69.1% below the Hardware industry median of 98.95. Kitron ASA's overall GF Score™ is 84/100 with 1 warning sign 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 Kitron ASA (CHIX:KITO), the current Cash Conversion Cycle is 30.62 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 Kitron ASA (CHIX:KITO) Overvalued in 2026?

Based on GuruFocus' analysis, Kitron ASA stock appears to be overvalued. The current stock price of kr105.20 is trading 110.4% above its estimated GF Value™ of kr50.00. GuruFocus considers Kitron ASA to be Significantly Overvalued.

Key valuation signals for CHIX:KITO:

  • Cash Conversion Cycle: 30.62
  • GF Value™: kr50.00 vs. price of kr105.20 (110.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 69.1% below the Hardware median

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


Kitron ASA Business Description

Address P O Box 97, Billingstad, NOR, 1375
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. Geographically, the company in Norway, Nordics & U.S (excluding Norway) , CEE, Asia, and Other. It derives maximum revenue from Nordics & U.S (excluding Norway. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets.
84GF Score

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

kr105.20
Price
kr50.00
GF Value