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.
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.
iFOREX Financial Trading Holdings Cash Conversion Cycle Related Terms
iFOREX Financial Trading Holdings Cash Conversion Cycle Historical Data
* 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.
iFOREX Financial Trading Holdings Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Cash Conversion Cycle
-62.52
-78.65
5.48
16.39
FRA:68Z vs MS, GS, SCHW: Cash Conversion Cycle Comparison
For the Capital Markets subindustry, iFOREX Financial Trading 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.
iFOREX Financial Trading Holdings Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, iFOREX Financial Trading Holdings's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where iFOREX Financial Trading Holdings'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.
* 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.
iFOREX Financial Trading Holdings (FRA:68Z) has a Cash Conversion Cycle of 16.39 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on iFOREX Financial Trading Holdings and its competitors.
Is iFOREX Financial Trading Holdings' Cash Conversion Cycle too high?
iFOREX Financial Trading Holdings' current Cash Conversion Cycle is 16.39. The Capital Markets industry median Cash Conversion Cycle is 2.25. iFOREX Financial Trading Holdings' value of 16.39 is 628.4% above this industry median. Overall, iFOREX Financial Trading Holdings has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does iFOREX Financial Trading Holdings' Cash Conversion Cycle compare to MS and GS?
iFOREX Financial Trading Holdings' Cash Conversion Cycle of 16.39 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 2.25. iFOREX Financial Trading Holdings' value of 16.39 is 628.4% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 2.25, based on 641 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. iFOREX Financial Trading Holdings's current Cash Conversion Cycle of 16.39 is 628.4% 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 iFOREX Financial Trading Holdings and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iFOREX Financial Trading Holdings's current Cash Conversion Cycle is 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFOREX Financial Trading Holdings stock overvalued right now?
iFOREX Financial Trading Holdings (FRA:68Z) has a current Cash Conversion Cycle of 16.39. The current Cash Conversion Cycle is 16.39 and 628.4% above the Capital Markets industry median of 2.25. iFOREX Financial Trading Holdings' overall GF Score™ is 27/100 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 iFOREX Financial Trading Holdings (FRA:68Z), the current Cash Conversion Cycle is 16.39 as of Dec. 2025. 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.
iFOREX Financial Trading Holdings Business Description
iFOREX Financial Trading Holdings Ltd developed and operates a proprietary online and mobile CFD trading platform enabling its retail clients to trade CFDs across over 870 financial instruments comprising currencies, commodities, indices, stocks, cryptocurrencies and ETFs. It also offers educational resources to its clients allowing them to benefit from a wide variety of free training, support and educational resources to enhance their understanding of the world-wide markets, online trading and the available trading tools. It operates in one segment being from the online trading on CFDs through the Group's internally developed platform. Its revenues are generated from three sources: dealing spreads, overnight premiums, and gains (offset by losses) from client's trading positions.
27GF Score
Get the complete analysis for FRA:68Z
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:68Z has been successfully added to your 
