Smith Micro Software (FRA:SS90) Cash Conversion Cycle: -123.46 (As of Mar. 2026)


FRA:SS90 Smith Micro Software Inc FRA:SS90
62 GF Score
Price €10.72
GF Value €9.28
! 4 Warning Signs
View Full Analysis

What is Smith Micro Software Cash Conversion Cycle?

Smith Micro Software FRA:SS90 62 Cash Conversion Cycle is -123.46 as of Mar. 2026. GuruFocus rates FRA:SS90 with a GF Score™ of 62/100 and a GF Value™ of €9.28. The stock has 4 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.

Smith Micro Software's Days Sales Outstanding for the three months ended in Mar. 2026 was 50.76.
Smith Micro Software's Days Inventory for the three months ended in Mar. 2026 was 0.
Smith Micro Software's Days Payable for the three months ended in Mar. 2026 was 174.22.
Therefore, Smith Micro Software's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -123.46.


Smith Micro Software  (FRA:SS90) 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.


Smith Micro Software Cash Conversion Cycle Related Terms


Smith Micro Software Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Smith Micro Software'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.

Smith Micro Software Cash Conversion Cycle Chart

Smith Micro Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.01 -4.45 -17.56 -5.69 -70.86

Smith Micro Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -35.55 -73.14 -106.02 -154.19 -123.46

FRA:SS90 vs CYN, FALC, INUV: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Smith Micro Software'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.


Smith Micro Software Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Smith Micro Software's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Smith Micro Software's Cash Conversion Cycle falls into.


FRA:SS90
62GF Score
Smith Micro Software Inc FRA:SS90
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smith Micro Software 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.

Smith Micro Software'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
=86.35+0-157.21
=-70.86

Smith Micro Software'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
=50.76+0-174.22
=-123.46

* 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 -123.46 mean?
Smith Micro Software (FRA:SS90) has a Cash Conversion Cycle of -123.46 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Smith Micro Software and its competitors.
Is Smith Micro Software's Cash Conversion Cycle too high?
Smith Micro Software's current Cash Conversion Cycle is -123.46. Overall, Smith Micro Software has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Smith Micro Software's Cash Conversion Cycle compare to CYN and FALC?
Smith Micro Software's Cash Conversion Cycle of -123.46 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.56. 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 32.56, based on 2,805 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. 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 Smith Micro Software and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith Micro Software's current Cash Conversion Cycle is -123.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Micro Software stock overvalued right now?
Smith Micro Software (FRA:SS90) has a current Cash Conversion Cycle of -123.46. The stock's GF Value™ is €9.28, compared to a current price of €10.72 — trading 15.5% above its estimated fair value. The current Cash Conversion Cycle is -123.46. Smith Micro Software's overall GF Score™ is 62/100 with 4 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 Smith Micro Software (FRA:SS90), the current Cash Conversion Cycle is -123.46 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.

Is Smith Micro Software (FRA:SS90) Overvalued in 2026?

Based on GuruFocus' analysis, Smith Micro Software stock appears to be overvalued. The current stock price of €10.72 is trading 15.5% above its estimated GF Value™ of €9.28.

Key valuation signals for FRA:SS90:

  • Cash Conversion Cycle: -123.46
  • GF Value™: €9.28 vs. price of €10.72 (15.5% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the FRA:SS90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smith Micro Software Business Description

Other Exchanges SMSI:USA
Address 5800 Corporate Drive, Pittsburgh, PA, USA, 15237
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
62GF Score

Get the complete analysis for FRA:SS90

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

€10.72
Price
€9.28
GF Value