Pine Technology Holdings (FRA:PNY) Cash Conversion Cycle: 47.64 (As of Dec. 2025)


FRA:PNY Pine Technology Holdings Ltd FRA:PNY
41 GF Score
Price €0.03
GF Value €0.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Pine Technology Holdings Cash Conversion Cycle?

Pine Technology Holdings FRA:PNY 41 Cash Conversion Cycle is 47.64 as of Dec. 2025. GuruFocus rates FRA:PNY with a GF Score™ of 41/100 and a GF Value™ of €0.02 (Modestly Overvalued). The stock has 1 warning sign investors should review.

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

Pine Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 1.66.
Pine Technology Holdings's Days Inventory for the six months ended in Dec. 2025 was 46.15.
Pine Technology Holdings's Days Payable for the six months ended in Dec. 2025 was 0.17.
Therefore, Pine Technology Holdings's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 47.64.


Pine Technology Holdings  (FRA:PNY) 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.


Pine Technology Holdings Cash Conversion Cycle Related Terms


Pine Technology Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pine Technology Holdings'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.

Pine Technology Holdings Cash Conversion Cycle Chart

Pine Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.59 15.12 -61.56 -7.42 1.25

Pine Technology Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -4.56 0.33 1.13 1.88 47.64

FRA:PNY vs SNDK, DELL, STX: Cash Conversion Cycle Comparison

For the Computer Hardware subindustry, Pine Technology 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.


Pine Technology Holdings Cash Conversion Cycle vs Hardware Industry

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

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


FRA:PNY
41GF Score
Pine Technology Holdings Ltd FRA:PNY
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Pine Technology Holdings 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.

Pine Technology Holdings's Cash Conversion Cycle for the fiscal year that ended in Jun. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.23+0.27-0.25
=1.25

Pine Technology Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.66+46.15-0.17
=47.64

* 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 47.64 mean?
Pine Technology Holdings (FRA:PNY) has a Cash Conversion Cycle of 47.64 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pine Technology Holdings and its competitors.
Is Pine Technology Holdings' Cash Conversion Cycle too high?
Pine Technology Holdings' current Cash Conversion Cycle is 47.64. The Hardware industry median Cash Conversion Cycle is 98.83. Pine Technology Holdings' value of 47.64 is 51.8% below this industry median. Overall, Pine Technology Holdings has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pine Technology Holdings' Cash Conversion Cycle compare to SNDK and DELL?
Pine Technology Holdings' Cash Conversion Cycle of 47.64 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.83. Pine Technology Holdings' value of 47.64 is 51.8% 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 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. Pine Technology Holdings's current Cash Conversion Cycle of 47.64 is 51.8% 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 Pine Technology Holdings 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. Pine Technology Holdings's current Cash Conversion Cycle is 47.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pine Technology Holdings (FRA:PNY) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 25% above its estimated fair value. The current Cash Conversion Cycle is 47.64 and 51.8% below the Hardware industry median of 98.83. Pine Technology Holdings' overall GF Score™ is 41/100 with 1 warning sign 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 Pine Technology Holdings (FRA:PNY), the current Cash Conversion Cycle is 47.64 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.

Is Pine Technology Holdings (FRA:PNY) Overvalued in 2026?

Based on GuruFocus' analysis, Pine Technology Holdings stock appears to be overvalued. The current stock price of €0.03 is trading 25% above its estimated GF Value™ of €0.02. GuruFocus considers Pine Technology Holdings to be Modestly Overvalued.

Key valuation signals for FRA:PNY:

  • Cash Conversion Cycle: 47.64
  • GF Value™: €0.02 vs. price of €0.03 (25% above fair value)
  • GF Score™: 41/100 with 1 warning sign
  • Industry Position: 51.8% below the Hardware median

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


Pine Technology Holdings Business Description

Other Exchanges 01079:Hong KongPNY:Germany
Address 88-98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG
Pine Technology Holdings Ltd engages in the sales of computer components, consumer electronic products, raw plastic materials, and the provision of computer software, hardware, and system development services. The Group operates through four main segments: Group's brand products, involving the manufacture and sales of video graphics cards and other computer components under its own brand; Other brand products, covering the distribution of third-party computer components and consumer electronic products; Trading business, focused on trading activities in the PRC; and Computer software, hardware, and system development services. The Other brand products segment is the primary revenue contributor. The company exports its products to the PRC and Hong Kong.
41GF Score

Get the complete analysis for FRA:PNY

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

€0.03
Price
€0.02
GF Value