Ningbo Joyson Electronic (FRA:VM2) Cash Conversion Cycle: 53.64 (As of Mar. 2026)


FRA:VM2 Ningbo Joyson Electronic Corp FRA:VM2
57 GF Score
Price €1.46
GF Value €1.21
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ningbo Joyson Electronic Cash Conversion Cycle?

Ningbo Joyson Electronic FRA:VM2 -0.68% 57 Cash Conversion Cycle is 53.64 as of Mar. 2026. GuruFocus rates FRA:VM2 with a GF Score™ of 57/100 and a GF Value™ of €1.21 (Modestly Overvalued). 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.

Ningbo Joyson Electronic's Days Sales Outstanding for the three months ended in Mar. 2026 was 55.09.
Ningbo Joyson Electronic's Days Inventory for the three months ended in Mar. 2026 was 83.25.
Ningbo Joyson Electronic's Days Payable for the three months ended in Mar. 2026 was 84.7.
Therefore, Ningbo Joyson Electronic's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 53.64.


Ningbo Joyson Electronic  (FRA:VM2) 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.


Ningbo Joyson Electronic Cash Conversion Cycle Related Terms


Ningbo Joyson Electronic Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Ningbo Joyson Electronic'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.

Ningbo Joyson Electronic Cash Conversion Cycle Chart

Ningbo Joyson Electronic 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 44.02 50.97 49.12 50.68 50.81

Ningbo Joyson Electronic 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 54.36 52.10 51.23 50.11 53.64

FRA:VM2 vs ORLY, AZO: Cash Conversion Cycle Comparison

For the Auto Parts subindustry, Ningbo Joyson Electronic'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.


Ningbo Joyson Electronic Cash Conversion Cycle vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Cash Conversion Cycle falls into.


FRA:VM2
57GF Score
Ningbo Joyson Electronic Corp FRA:VM2
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Joyson Electronic 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.

Ningbo Joyson Electronic'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
=54.32+80.62-84.13
=50.81

Ningbo Joyson Electronic'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
=55.09+83.25-84.7
=53.64

* 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 53.64 mean?
Ningbo Joyson Electronic (FRA:VM2) has a Cash Conversion Cycle of 53.64 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Ningbo Joyson Electronic and its competitors.
Is Ningbo Joyson Electronic's Cash Conversion Cycle too high?
Ningbo Joyson Electronic's current Cash Conversion Cycle is 53.64. The Vehicles & Parts industry median Cash Conversion Cycle is 67.53. Ningbo Joyson Electronic's value of 53.64 is 20.6% below this industry median. Overall, Ningbo Joyson Electronic has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Joyson Electronic's Cash Conversion Cycle compare to ORLY and AZO?
Ningbo Joyson Electronic's Cash Conversion Cycle of 53.64 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.53. Ningbo Joyson Electronic's value of 53.64 is 20.6% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.53, based on 1,326 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. Ningbo Joyson Electronic's current Cash Conversion Cycle of 53.64 is 20.6% 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 Ningbo Joyson Electronic and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Joyson Electronic's current Cash Conversion Cycle is 53.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Joyson Electronic stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Joyson Electronic (FRA:VM2) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €1.46 — trading 20.7% above its estimated fair value. The current Cash Conversion Cycle is 53.64 and 20.6% below the Vehicles & Parts industry median of 67.53. Ningbo Joyson Electronic's overall GF Score™ is 57/100 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 Ningbo Joyson Electronic (FRA:VM2), the current Cash Conversion Cycle is 53.64 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 Ningbo Joyson Electronic (FRA:VM2) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Joyson Electronic stock appears to be overvalued. The current stock price of €1.46 is trading 20.7% above its estimated GF Value™ of €1.21. GuruFocus considers Ningbo Joyson Electronic to be Modestly Overvalued.

Key valuation signals for FRA:VM2:

  • Cash Conversion Cycle: 53.64
  • GF Value™: €1.21 vs. price of €1.46 (20.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 20.6% below the Vehicles & Parts median

No single metric tells the full story. See the FRA:VM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Joyson Electronic Business Description

Other Exchanges 600699:China
Address No. 99, Qingyi Road, High-tech Zone, Zhejiang, Ningbo, CHN, 315040
Ningbo Joyson Electronic Corp is a key supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two business divisions, automotive safety and automotive electronics. The automotive electronics segment principally includes intelligent vehicle solutions, covering areas such as cockpit domain controllers, intelligent automotive connectivity, and intelligent driving, as well as human-machine interface products and new energy control systems. The automotive safety segment principally encompasses products such as seat belts, airbags, intelligent steering wheels, and integrated safety solutions.
57GF Score

Get the complete analysis for FRA:VM2

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

€1.46
Price
€1.21
GF Value