Spyrosoft (FRA:2NP) Cash Conversion Cycle: 25.76 (As of Mar. 2026)


FRA:2NP Spyrosoft SA FRA:2NP
87 GF Score
Price €78.60
GF Value €148.79
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Spyrosoft Cash Conversion Cycle?

Spyrosoft FRA:2NP -0.51% 87 Cash Conversion Cycle is 25.76 as of Mar. 2026. GuruFocus rates FRA:2NP with a GF Score™ of 87/100 and a GF Value™ of €148.79 (Significantly Undervalued). The stock has 2 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.

Spyrosoft's Days Sales Outstanding for the three months ended in Mar. 2026 was 61.88.
Spyrosoft's Days Inventory for the three months ended in Mar. 2026 was 0.19.
Spyrosoft's Days Payable for the three months ended in Mar. 2026 was 36.31.
Therefore, Spyrosoft's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 25.76.


Spyrosoft  (FRA:2NP) 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.


Spyrosoft Cash Conversion Cycle Related Terms


Spyrosoft Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Spyrosoft'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.

Spyrosoft Cash Conversion Cycle Chart

Spyrosoft Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial 23.69 30.15 26.99 28.35 26.00

Spyrosoft Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 20.51 25.94 28.40 25.94 25.76

FRA:2NP vs UBER, SHOP, CRM: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Spyrosoft'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.


Spyrosoft Cash Conversion Cycle vs Software Industry

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

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


FRA:2NP
87GF Score
Spyrosoft SA FRA:2NP
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Spyrosoft 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.

Spyrosoft's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=61.44+0.03-35.47
=26.00

Spyrosoft'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
=61.88+0.19-36.31
=25.76

* 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 25.76 mean?
Spyrosoft (FRA:2NP) has a Cash Conversion Cycle of 25.76 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Spyrosoft and its competitors.
Is Spyrosoft's Cash Conversion Cycle too high?
Spyrosoft's current Cash Conversion Cycle is 25.76. The Software industry median Cash Conversion Cycle is 32.25. Spyrosoft's value of 25.76 is 20.1% below this industry median. Overall, Spyrosoft has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spyrosoft's Cash Conversion Cycle compare to UBER and SHOP?
Spyrosoft's Cash Conversion Cycle of 25.76 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. Spyrosoft's value of 25.76 is 20.1% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.25, based on 2,803 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. Spyrosoft's current Cash Conversion Cycle of 25.76 is 20.1% 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 Spyrosoft 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. Spyrosoft's current Cash Conversion Cycle is 25.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spyrosoft stock overvalued right now?
Based on GuruFocus' analysis, Spyrosoft (FRA:2NP) is currently considered Significantly Undervalued. The stock's GF Value™ is €148.79, compared to a current price of €78.60 — trading 47.2% below its estimated fair value. The current Cash Conversion Cycle is 25.76 and 20.1% below the Software industry median of 32.25. Spyrosoft's overall GF Score™ is 87/100 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 Spyrosoft (FRA:2NP), the current Cash Conversion Cycle is 25.76 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 Spyrosoft (FRA:2NP) Overvalued in 2026?

Based on GuruFocus' analysis, Spyrosoft stock appears to be undervalued. The current stock price of €78.60 is trading 47.2% below its estimated GF Value™ of €148.79. GuruFocus considers Spyrosoft to be Significantly Undervalued.

Key valuation signals for FRA:2NP:

  • Cash Conversion Cycle: 25.76
  • GF Value™: €148.79 vs. price of €78.60 (47.2% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 20.1% below the Software median

No single metric tells the full story. See the FRA:2NP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spyrosoft Business Description

Other Exchanges SPR:Poland2NP:Germany
Address pl. Nowy Targ 28, Spyrosoft Solutions S.A., Wroclaw, POL, 50-141
Spyrosoft SA is engaged in providing information technology services. The company has expertise in Automotive, Financial Services, and Geospatial services among other sectors. The services offered by the company include Cloud, Embedded software engineering, Enterprise software engineering, Managed Services and Business and product design among others.
87GF Score

Get the complete analysis for FRA:2NP

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

€78.60
Price
€148.79
GF Value