Metalpha Technology Holding (FRA:D92) Cash Conversion Cycle: 3,158.80 (As of Sep. 2025)


FRA:D92 Metalpha Technology Holding Ltd FRA:D92
42 GF Score
Price €0.78
GF Value €1.81
! 5 Warning Signs
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What is Metalpha Technology Holding Cash Conversion Cycle?

Metalpha Technology Holding FRA:D92 -1.89% 42 Cash Conversion Cycle is 3,158.80 as of Sep. 2025. GuruFocus rates FRA:D92 with a GF Score™ of 42/100 and a GF Value™ of €1.81. 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.

Metalpha Technology Holding's Days Sales Outstanding for the six months ended in Sep. 2025 was 0.
Metalpha Technology Holding's Days Inventory for the six months ended in Sep. 2025 was 4452.82.
Metalpha Technology Holding's Days Payable for the six months ended in Sep. 2025 was 1294.02.
Therefore, Metalpha Technology Holding's Cash Conversion Cycle (CCC) for the six months ended in Sep. 2025 was 3,158.80.


Metalpha Technology Holding  (FRA:D92) 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.


Metalpha Technology Holding Cash Conversion Cycle Related Terms


Metalpha Technology Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Metalpha Technology Holding'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.

Metalpha Technology Holding Cash Conversion Cycle Chart

Metalpha Technology Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -337.23 5,067.60 1,571.10 1,349.30 1,655.36

Metalpha Technology Holding Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 1,728.85 986.83 1,753.95 2,041.66 3,158.80

FRA:D92 vs HGBL, GSIW, PLUT: Cash Conversion Cycle Comparison

For the Capital Markets subindustry, Metalpha Technology Holding'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.


Metalpha Technology Holding Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Metalpha Technology Holding's Cash Conversion Cycle falls into.


FRA:D92
42GF Score
Metalpha Technology Holding Ltd FRA:D92
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Metalpha Technology Holding 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.

Metalpha Technology Holding's Cash Conversion Cycle for the fiscal year that ended in Mar. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+2521.82-866.46
=1,655.36

Metalpha Technology Holding's Cash Conversion Cycle for the quarter that ended in Sep. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+4452.82-1294.02
=3,158.80

* 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 3,158.80 mean?
Metalpha Technology Holding (FRA:D92) has a Cash Conversion Cycle of 3,158.80 as of Sep. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Metalpha Technology Holding and its competitors.
Is Metalpha Technology Holding's Cash Conversion Cycle too high?
Metalpha Technology Holding's current Cash Conversion Cycle is 3,158.80. The Capital Markets industry median Cash Conversion Cycle is 2.37. Metalpha Technology Holding's value of 3,158.80 is 133182.7% above this industry median. Overall, Metalpha Technology Holding has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Metalpha Technology Holding's Cash Conversion Cycle compare to HGBL and GSIW?
Metalpha Technology Holding's Cash Conversion Cycle of 3,158.80 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 2.37. Metalpha Technology Holding's value of 3,158.80 is 133182.7% 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 2.37, based on 639 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. Metalpha Technology Holding's current Cash Conversion Cycle of 3,158.80 is 133182.7% 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 Metalpha Technology Holding and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalpha Technology Holding's current Cash Conversion Cycle is 3,158.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalpha Technology Holding stock overvalued right now?
Metalpha Technology Holding (FRA:D92) has a current Cash Conversion Cycle of 3,158.80. The stock's GF Value™ is €1.81, compared to a current price of €0.78 — trading 56.9% below its estimated fair value. The current Cash Conversion Cycle is 3,158.80 and 133182.7% above the Capital Markets industry median of 2.37. Metalpha Technology Holding's overall GF Score™ is 42/100 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 Metalpha Technology Holding (FRA:D92), the current Cash Conversion Cycle is 3,158.80 as of Sep. 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.

Is Metalpha Technology Holding (FRA:D92) Overvalued in 2026?

Based on GuruFocus' analysis, Metalpha Technology Holding stock appears to be undervalued. The current stock price of €0.78 is trading 56.9% below its estimated GF Value™ of €1.81.

Key valuation signals for FRA:D92:

  • Cash Conversion Cycle: 3,158.80
  • GF Value™: €1.81 vs. price of €0.78 (56.9% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 133182.7% above the Capital Markets median

No single metric tells the full story. See the FRA:D92 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metalpha Technology Holding Business Description

Other Exchanges MATH:USA
Address 18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and generates majority of its revenue from Hong Kong.
42GF Score

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

€0.78
Price
€1.81
GF Value