Stockholm Nordtech Group AB (FRA:GD2) Cash Conversion Cycle: 21.01 (As of Mar. 2026)


FRA:GD2 Stockholm Nordtech Group AB FRA:GD2
18 GF Score
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What is Stockholm Nordtech Group AB Cash Conversion Cycle?

Stockholm Nordtech Group AB FRA:GD2 -3.98% 18 Cash Conversion Cycle is 21.01 as of Mar. 2026. GuruFocus rates FRA:GD2 with a GF Score™ of 18/100.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Stockholm Nordtech Group AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 58.54.
Stockholm Nordtech Group AB's Days Inventory for the three months ended in Mar. 2026 was 12.92.
Stockholm Nordtech Group AB's Days Payable for the three months ended in Mar. 2026 was 50.45.
Therefore, Stockholm Nordtech Group AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 21.01.


Stockholm Nordtech Group AB  (FRA:GD2) 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.


Stockholm Nordtech Group AB Cash Conversion Cycle Related Terms


Stockholm Nordtech Group AB Cash Conversion Cycle Historical Data

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The historical data trend for Stockholm Nordtech Group AB'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.

Stockholm Nordtech Group AB Cash Conversion Cycle Chart

Stockholm Nordtech Group AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
0.00 8.75 6.40 32.59

Stockholm Nordtech Group AB Quarterly Data
Dec22 Dec23 Dec24 Mar25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial 0.00 0.00 34.62 0.00 21.01

FRA:GD2 vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison

For the Software - Infrastructure subindustry, Stockholm Nordtech Group AB'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.


Stockholm Nordtech Group AB Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where Stockholm Nordtech Group AB's Cash Conversion Cycle falls into.


FRA:GD2
18GF Score
Stockholm Nordtech Group AB FRA:GD2
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Stockholm Nordtech Group AB 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.

Stockholm Nordtech Group AB'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
=64.48+8.91-40.8
=32.59

Stockholm Nordtech Group AB'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
=58.54+12.92-50.45
=21.01

* 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 21.01 mean?
Stockholm Nordtech Group AB (FRA:GD2) has a Cash Conversion Cycle of 21.01 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Stockholm Nordtech Group AB and its competitors.
Is Stockholm Nordtech Group AB's Cash Conversion Cycle too high?
Stockholm Nordtech Group AB's current Cash Conversion Cycle is 21.01. The Software industry median Cash Conversion Cycle is 32.25. Stockholm Nordtech Group AB's value of 21.01 is 34.9% below this industry median. Overall, Stockholm Nordtech Group AB has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Cash Conversion Cycle compare to MSFT and ORCL?
Stockholm Nordtech Group AB's Cash Conversion Cycle of 21.01 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.25. Stockholm Nordtech Group AB's value of 21.01 is 34.9% 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. Stockholm Nordtech Group AB's current Cash Conversion Cycle of 21.01 is 34.9% 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 Stockholm Nordtech Group AB 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. Stockholm Nordtech Group AB's current Cash Conversion Cycle is 21.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Cash Conversion Cycle of 21.01. The current Cash Conversion Cycle is 21.01 and 34.9% below the Software industry median of 32.25. Stockholm Nordtech Group AB's overall GF Score™ is 18/100. 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 Stockholm Nordtech Group AB (FRA:GD2), the current Cash Conversion Cycle is 21.01 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.

Stockholm Nordtech Group AB Business Description

Other Exchanges NTECH:Sweden
Address Norrlandsgatan 10, Stockholm, SWE, 111 43
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
18GF Score

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