NNIT AS's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 90.4.
NNIT AS's Days Inventory for the
six
months ended in Dec. 2025 was 12.91.
NNIT AS's Days Payable for the
six
months ended in Dec. 2025 was 30.51.
Therefore, NNIT AS's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 72.80.
NNIT AS (CHIX:NNITc) 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.
NNIT AS Cash Conversion Cycle Related Terms
NNIT AS Cash Conversion Cycle Historical Data
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The historical data trend for NNIT AS'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.
CHIX:NNITC vs IBM, ACN, FISV: Cash Conversion Cycle Comparison
For the Information Technology Services subindustry, NNIT AS'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.
NNIT AS Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, NNIT AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where NNIT AS's Cash Conversion Cycle falls into.
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.
NNIT AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
NNIT AS (CHIX:NNITC) has a Cash Conversion Cycle of 72.80 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on NNIT AS and its competitors.
Is NNIT AS's Cash Conversion Cycle too high?
NNIT AS's current Cash Conversion Cycle is 72.80. The Software industry median Cash Conversion Cycle is 32.25. NNIT AS's value of 72.80 is 125.7% above this industry median. Overall, NNIT AS has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does NNIT AS's Cash Conversion Cycle compare to IBM and ACN?
NNIT AS's Cash Conversion Cycle of 72.80 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. NNIT AS's value of 72.80 is 125.7% 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 2,805 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. NNIT AS's current Cash Conversion Cycle of 72.80 is 125.7% 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 NNIT AS 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. NNIT AS's current Cash Conversion Cycle is 72.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNIT AS stock overvalued right now?
NNIT AS (CHIX:NNITC) has a current Cash Conversion Cycle of 72.80. The stock's GF Value™ is kr157.31, compared to a current price of kr68.50 — trading 56.5% below its estimated fair value. The current Cash Conversion Cycle is 72.80 and 125.7% above the Software industry median of 32.25. NNIT AS's overall GF Score™ is 50/100 with 2 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 NNIT AS (CHIX:NNITC), the current Cash Conversion Cycle is 72.80 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 NNIT AS (CHIX:NNITC) Overvalued in 2026?
Based on GuruFocus' analysis, NNIT AS stock appears to be undervalued.
The current stock price of kr68.50 is trading 56.5% below its estimated GF Value™ of kr157.31.
Key valuation signals for CHIX:NNITC:
Cash Conversion Cycle: 72.80
GF Value™: kr157.31 vs. price of kr68.50 (56.5% below fair value)
Industry Position: 125.7% above the Software median
No single metric tells the full story. See the CHIX:NNITC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NNIT AS is a Denmark-based company that offers consultancy services in IT (Information Technology) development, implementation, and operations. The services provided by the company include advising, building, implementing, managing, and supporting IT solutions and operating IT systems for customers. The company's reporting segment comprises of Region Denmark; Region Europe; Region USA, and Region Asia out of which Region Denmark derives the majority of revenue.
50GF Score
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