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Clearfield's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 44.64.
Clearfield's Days Inventory for the
three
months ended in Jun. 2026 was 107.22.
Clearfield's Days Payable for the
three
months ended in Jun. 2026 was 13.41.
Therefore, Clearfield's Cash Conversion Cycle (CCC) for the
three
months ended in Jun. 2026 was 138.45.
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.
Clearfield Cash Conversion Cycle Related Terms
Clearfield Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Clearfield'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.
CLFD vs BKTI, AVNW, LTRX: Cash Conversion Cycle Comparison
For the Communication Equipment subindustry, Clearfield'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.
Clearfield Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Clearfield's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Clearfield'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.
Clearfield's Cash Conversion Cycle for the fiscal year that ended in Sep. 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.
Clearfield (CLFD) has a Cash Conversion Cycle of 138.45 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Clearfield and its competitors.
Is Clearfield's Cash Conversion Cycle too high?
Clearfield's current Cash Conversion Cycle is 138.45. The Hardware industry median Cash Conversion Cycle is 98.07. Clearfield's value of 138.45 is 41.2% above this industry median. Overall, Clearfield has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clearfield's Cash Conversion Cycle compare to BKTI and AVNW?
Clearfield's Cash Conversion Cycle of 138.45 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.07. Clearfield's value of 138.45 is 41.2% 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 98.07, based on 2,478 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. Clearfield's current Cash Conversion Cycle of 138.45 is 41.2% 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 Clearfield and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearfield's current Cash Conversion Cycle is 138.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearfield stock overvalued right now?
Based on GuruFocus' analysis, Clearfield (CLFD) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.25, compared to a current price of $28.01 — trading 28.6% below its estimated fair value. The current Cash Conversion Cycle is 138.45 and 41.2% above the Hardware industry median of 98.07. Clearfield's overall GF Score™ is 71/100 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 Clearfield (CLFD), the current Cash Conversion Cycle is 138.45 as of Jun. 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 Clearfield (CLFD) Overvalued in 2026?
Based on GuruFocus' analysis, Clearfield stock appears to be undervalued.
The current stock price of $28.01 is trading 28.6% below its estimated GF Value™ of $39.25.
GuruFocus considers Clearfield to be Modestly Undervalued.
Key valuation signals for CLFD:
Cash Conversion Cycle: 138.45
GF Value™: $39.25 vs. price of $28.01 (28.6% below fair value)
Industry Position: 41.2% above the Hardware median
No single metric tells the full story. See the CLFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearfield Inc designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions to enable rapid and cost-effective fiber-fed deployment throughout the broadband service provider space prominently across North America. Its 'fiber to anywhere' platform serves the requirements of Community Broadband customers, Multiple System Operators, Large Regional Service Providers, National Carriers, and International customers (including Europe, Canada, Mexico, and Caribbean Markets). Its product offerings include Accessories, Cassettes, Cable & Drop Assemblies, Frames & Panels, Microducts, Optical Components, etc. The company derives the majority of its revenue from the United States.
71GF Score
Get the complete analysis for CLFD
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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