MeiraGTx Holdings (FRA:328) Cash Conversion Cycle: -5,167.10 (As of Mar. 2026)


FRA:328 MeiraGTx Holdings PLC FRA:328
55 GF Score
Price €11.70
GF Value €19.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is MeiraGTx Holdings Cash Conversion Cycle?

MeiraGTx Holdings FRA:328 +7.34% 55 Cash Conversion Cycle is -5,167.10 as of Mar. 2026. GuruFocus rates FRA:328 with a GF Score™ of 55/100 and a GF Value™ of €19.23 (Possible Value Trap). The stock has 5 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.

MeiraGTx Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 970.93.
MeiraGTx Holdings's Days Inventory for the three months ended in Mar. 2026 was 0.
MeiraGTx Holdings's Days Payable for the three months ended in Mar. 2026 was 6138.03.
Therefore, MeiraGTx Holdings's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -5,167.10.


MeiraGTx Holdings  (FRA:328) 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.


MeiraGTx Holdings Cash Conversion Cycle Related Terms


MeiraGTx Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for MeiraGTx Holdings'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.

MeiraGTx Holdings Cash Conversion Cycle Chart

MeiraGTx Holdings 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 281.37 485.14 417.93 -235.93 -1,332.23

MeiraGTx Holdings 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 -1,409.73 -750.61 -6,283.40 -3,017.16 -5,167.10

FRA:328 vs XNCR, WVE, CGEM: Cash Conversion Cycle Comparison

For the Biotechnology subindustry, MeiraGTx Holdings'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.


MeiraGTx Holdings Cash Conversion Cycle vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, MeiraGTx Holdings's Cash Conversion Cycle distribution charts can be found below:

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


FRA:328
55GF Score
MeiraGTx Holdings PLC FRA:328
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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MeiraGTx Holdings 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.

MeiraGTx Holdings'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
=8.5+32.48-1373.21
=-1,332.23

MeiraGTx Holdings'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
=970.93+0-6138.03
=-5,167.10

* 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 -5,167.10 mean?
MeiraGTx Holdings (FRA:328) has a Cash Conversion Cycle of -5,167.10 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on MeiraGTx Holdings and its competitors.
Is MeiraGTx Holdings' Cash Conversion Cycle too high?
MeiraGTx Holdings' current Cash Conversion Cycle is -5,167.10. Overall, MeiraGTx Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MeiraGTx Holdings' Cash Conversion Cycle compare to XNCR and WVE?
MeiraGTx Holdings' Cash Conversion Cycle of -5,167.10 can be compared against companies in the Biotechnology industry. The industry median Cash Conversion Cycle is 103.08. 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 Biotechnology company?
The median Cash Conversion Cycle among Biotechnology companies is 103.08, based on 871 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. 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 MeiraGTx Holdings and its competitors. For the Biotechnology industry, the median Cash Conversion Cycle is 103.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MeiraGTx Holdings's current Cash Conversion Cycle is -5,167.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MeiraGTx Holdings stock overvalued right now?
Based on GuruFocus' analysis, MeiraGTx Holdings (FRA:328) is currently considered Possible Value Trap. The stock's GF Value™ is €19.23, compared to a current price of €11.70 — trading 39.2% below its estimated fair value. The current Cash Conversion Cycle is -5,167.10. MeiraGTx Holdings' overall GF Score™ is 55/100 with 5 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 MeiraGTx Holdings (FRA:328), the current Cash Conversion Cycle is -5,167.10 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 MeiraGTx Holdings (FRA:328) Overvalued in 2026?

Based on GuruFocus' analysis, MeiraGTx Holdings stock appears to be undervalued. The current stock price of €11.70 is trading 39.2% below its estimated GF Value™ of €19.23. GuruFocus considers MeiraGTx Holdings to be Possible Value Trap.

Key valuation signals for FRA:328:

  • Cash Conversion Cycle: -5,167.10
  • GF Value™: €19.23 vs. price of €11.70 (39.2% below fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the FRA:328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MeiraGTx Holdings Business Description

Other Exchanges MGTX:USA328:Germany
Address 655 Third Avenue, Suite 1115, New York, NY, USA, 10017
MeiraGTx Holdings PLC is a vertically integrated, clinical-stage genetic medicines company focused on developing targeted therapies for diseases with high unmet need, including radiation-induced xerostomia, Parkinson's disease, and AIPL1-associated retinal dystrophy. The company's pipeline is supported by end-to-end in-house manufacturing capabilities, including GMP viral vector production, plasmid manufacturing, and quality control, enabling development from IND to commercial supply. It also utilizes proprietary platforms in viral vector optimization and riboswitch-based gene regulation to enhance efficacy and reduce dosage. The company operates in the United States, the United Kingdom, and the European Union.
55GF Score

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

€11.70
Price
€19.23
GF Value