ParTec AG (FRA:JY0) Cash Conversion Cycle: 287.02 (As of Jun. 2025)


FRA:JY0 ParTec AG FRA:JY0
23 GF Score
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What is ParTec AG Cash Conversion Cycle?

ParTec AG FRA:JY0 23 Cash Conversion Cycle is 287.02 as of Jun. 2025. GuruFocus rates FRA:JY0 with a GF Score™ of 23/100. 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.

ParTec AG's Days Sales Outstanding for the six months ended in Jun. 2025 was 287.02.
ParTec AG's Days Inventory for the six months ended in Jun. 2025 was .
ParTec AG's Days Payable for the six months ended in Jun. 2025 was .
Therefore, ParTec AG's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2025 was 287.02.


ParTec AG  (FRA:JY0) 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.


ParTec AG Cash Conversion Cycle Related Terms


ParTec AG Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for ParTec AG'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.

ParTec AG Cash Conversion Cycle Chart

ParTec AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
0.00 13.83 264.37 106.48

ParTec AG Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Jun25
Cash Conversion Cycle 0.00 0.00 0.00 961.69 287.02

FRA:JY0 vs ANET, WDC, DELL: Cash Conversion Cycle Comparison

For the Computer Hardware subindustry, ParTec AG'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.


ParTec AG Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, ParTec AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where ParTec AG's Cash Conversion Cycle falls into.


FRA:JY0
23GF Score
ParTec AG FRA:JY0
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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ParTec AG 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.

ParTec AG's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=165.1+56.64-115.26
=106.48

ParTec AG's Cash Conversion Cycle for the quarter that ended in Jun. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=287.02+-
=287.02

* 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 287.02 mean?
ParTec AG (FRA:JY0) has a Cash Conversion Cycle of 287.02 as of Jun. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on ParTec AG and its competitors.
Is ParTec AG's Cash Conversion Cycle too high?
ParTec AG's current Cash Conversion Cycle is 287.02. The Hardware industry median Cash Conversion Cycle is 98.83. ParTec AG's value of 287.02 is 190.4% above this industry median. Overall, ParTec AG has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does ParTec AG's Cash Conversion Cycle compare to ANET and WDC?
ParTec AG's Cash Conversion Cycle of 287.02 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.83. ParTec AG's value of 287.02 is 190.4% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.83, based on 2,475 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. ParTec AG's current Cash Conversion Cycle of 287.02 is 190.4% 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 ParTec AG and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ParTec AG's current Cash Conversion Cycle is 287.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ParTec AG stock overvalued right now?
ParTec AG (FRA:JY0) has a current Cash Conversion Cycle of 287.02. The current Cash Conversion Cycle is 287.02 and 190.4% above the Hardware industry median of 98.83. ParTec AG's overall GF Score™ is 23/100 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 ParTec AG (FRA:JY0), the current Cash Conversion Cycle is 287.02 as of Jun. 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.

ParTec AG Business Description

Address Possartstr. 20, Munich, BY, DEU, D-81679
ParTec AG develops and supplies super and quantum computers as well as operating software, including consulting and support services, which is used for the development, construction and operation of state-of-the-art high-performance computers (HPC) and quantum computers (QC).
23GF Score

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

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