BOE Varitronix's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 70.01.
BOE Varitronix's Days Inventory for the
six
months ended in Dec. 2025 was 56.92.
BOE Varitronix's Days Payable for the
six
months ended in Dec. 2025 was 173.8.
Therefore, BOE Varitronix's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was -46.87.
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.
BOE Varitronix Cash Conversion Cycle Related Terms
BOE Varitronix Cash Conversion Cycle Historical Data
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The historical data trend for BOE Varitronix'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.
FRA:VTX vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, BOE Varitronix'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.
BOE Varitronix Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, BOE Varitronix's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where BOE Varitronix's Cash Conversion Cycle falls into.
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.
BOE Varitronix's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
BOE Varitronix (FRA:VTX) has a Cash Conversion Cycle of -46.87 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BOE Varitronix and its competitors.
Is BOE Varitronix's Cash Conversion Cycle too high?
BOE Varitronix's current Cash Conversion Cycle is -46.87. Overall, BOE Varitronix has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Cash Conversion Cycle compare to APH and GLW?
BOE Varitronix's Cash Conversion Cycle of -46.87 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. 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 98.95, based on 2,477 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 BOE Varitronix and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOE Varitronix's current Cash Conversion Cycle is -46.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.78, compared to a current price of €0.43 — trading 44.6% below its estimated fair value. The current Cash Conversion Cycle is -46.87. BOE Varitronix's overall GF Score™ is 60/100 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 BOE Varitronix (FRA:VTX), the current Cash Conversion Cycle is -46.87 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued.
The current stock price of €0.43 is trading 44.6% below its estimated GF Value™ of €0.78.
GuruFocus considers BOE Varitronix to be Significantly Undervalued.
Key valuation signals for FRA:VTX:
Cash Conversion Cycle: -46.87
GF Value™: €0.78 vs. price of €0.43 (44.6% below fair value)
No single metric tells the full story. See the FRA:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
60GF Score
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