Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
LGL Group's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 35.66.
LGL Group's Days Inventory for the
three
months ended in Mar. 2026 was 77.99.
LGL Group's Days Payable for the
three
months ended in Mar. 2026 was 143.66.
Therefore, LGL Group's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was -30.01.
LGL Group (FRA:51L) 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.
LGL Group Cash Conversion Cycle Related Terms
LGL Group Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for LGL 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.
FRA:51L vs MIND, ACFN, TRCK: Cash Conversion Cycle Comparison
For the Scientific & Technical Instruments subindustry, LGL 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.
LGL Group Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, LGL Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where LGL Group'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.
LGL Group'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.
LGL Group (FRA:51L) has a Cash Conversion Cycle of -30.01 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on LGL Group and its competitors.
Is LGL Group's Cash Conversion Cycle too high?
LGL Group's current Cash Conversion Cycle is -30.01. Overall, LGL Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does LGL Group's Cash Conversion Cycle compare to MIND and ACFN?
LGL Group's Cash Conversion Cycle of -30.01 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.18. 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 99.18, based on 2,479 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 LGL Group and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGL Group's current Cash Conversion Cycle is -30.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGL Group stock overvalued right now?
LGL Group (FRA:51L) has a current Cash Conversion Cycle of -30.01. The current Cash Conversion Cycle is -30.01. LGL Group's overall GF Score™ is 43/100 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 LGL Group (FRA:51L), the current Cash Conversion Cycle is -30.01 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.
LGL Group Inc is a holding company engaged in services, merchant investment, and manufacturing business activities. The company has two reportable segments: Electronic Instruments and Merchant Investment. The Electronic Instruments segment, which generates key revenue, is focused on designing and manufacturing high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications, including satellite communication, time transfer systems, network synchronization, electricity distribution, and metrology. The Merchant Investment segment comprises various investment vehicles in which the company invests its capital.
43GF Score
Get the complete analysis for FRA:51L
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:51L has been successfully added to your 
