Coda Octopus Group's Days Sales Outstanding for the
three
months ended in Apr. 2026 was 57.69.
Coda Octopus Group's Days Inventory for the
three
months ended in Apr. 2026 was 552.95.
Coda Octopus Group's Days Payable for the
three
months ended in Apr. 2026 was 45.15.
Therefore, Coda Octopus Group's Cash Conversion Cycle (CCC) for the
three
months ended in Apr. 2026 was 565.49.
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group Cash Conversion Cycle Related Terms
Coda Octopus Group Cash Conversion Cycle Historical Data
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The historical data trend for Coda Octopus 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.
CODA vs VWAV, HOVR, OPXS: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Coda Octopus 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.
Coda Octopus Group Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's Cash Conversion Cycle falls into.
Coda Octopus 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.
Coda Octopus Group's Cash Conversion Cycle for the fiscal year that ended in Oct. 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.
Coda Octopus Group (CODA) has a Cash Conversion Cycle of 565.49 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Coda Octopus Group and its competitors.
Is Coda Octopus Group's Cash Conversion Cycle too high?
Coda Octopus Group's current Cash Conversion Cycle is 565.49. The Aerospace & Defense industry median Cash Conversion Cycle is 136.96. Coda Octopus Group's value of 565.49 is 312.9% above this industry median. Overall, Coda Octopus Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Cash Conversion Cycle compare to VWAV and HOVR?
Coda Octopus Group's Cash Conversion Cycle of 565.49 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 136.96. Coda Octopus Group's value of 565.49 is 312.9% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 136.96, based on 348 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. Coda Octopus Group's current Cash Conversion Cycle of 565.49 is 312.9% 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 Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 136.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current Cash Conversion Cycle is 565.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.12, compared to a current price of $9.63 — trading 4.8% below its estimated fair value. The current Cash Conversion Cycle is 565.49 and 312.9% above the Aerospace & Defense industry median of 136.96. Coda Octopus Group's overall GF Score™ is 86/100 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 Coda Octopus Group (CODA), the current Cash Conversion Cycle is 565.49 as of Apr. 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 Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $9.63 is trading 4.8% below its estimated GF Value™ of $10.12.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
Cash Conversion Cycle: 565.49
GF Value™: $10.12 vs. price of $9.63 (4.8% below fair value)
Industry Position: 312.9% above the Aerospace & Defense median
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
86GF Score
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