Micro Systemation AB (FRA:W98) Cash Conversion Cycle: 71.56 (As of Mar. 2026)


FRA:W98 Micro Systemation AB FRA:W98
69 GF Score
Price €6.64
GF Value €5.84
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Micro Systemation AB Cash Conversion Cycle?

Micro Systemation AB FRA:W98 +5.73% 69 Cash Conversion Cycle is 71.56 as of Mar. 2026. GuruFocus rates FRA:W98 with a GF Score™ of 69/100 and a GF Value™ of €5.84 (Modestly Overvalued). 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.

Micro Systemation AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 81.73.
Micro Systemation AB's Days Inventory for the three months ended in Mar. 2026 was 4.67.
Micro Systemation AB's Days Payable for the three months ended in Mar. 2026 was 14.84.
Therefore, Micro Systemation AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 71.56.


Micro Systemation AB  (FRA:W98) 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.


Micro Systemation AB Cash Conversion Cycle Related Terms


Micro Systemation AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Micro Systemation AB'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.

Micro Systemation AB Cash Conversion Cycle Chart

Micro Systemation AB 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 81.53 99.72 74.31 68.42 60.33

Micro Systemation AB 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 63.98 62.39 48.26 60.52 71.56

FRA:W98 vs UBER, SHOP, CRM: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Micro Systemation AB'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.


Micro Systemation AB Cash Conversion Cycle vs Software Industry

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

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


FRA:W98
69GF Score
Micro Systemation AB FRA:W98
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Micro Systemation AB 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.

Micro Systemation AB'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
=63.6+7.6-10.87
=60.33

Micro Systemation AB'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
=81.73+4.67-14.84
=71.56

* 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 71.56 mean?
Micro Systemation AB (FRA:W98) has a Cash Conversion Cycle of 71.56 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Micro Systemation AB and its competitors.
Is Micro Systemation AB's Cash Conversion Cycle too high?
Micro Systemation AB's current Cash Conversion Cycle is 71.56. The Software industry median Cash Conversion Cycle is 32.19. Micro Systemation AB's value of 71.56 is 122.3% above this industry median. Overall, Micro Systemation AB has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micro Systemation AB's Cash Conversion Cycle compare to UBER and SHOP?
Micro Systemation AB's Cash Conversion Cycle of 71.56 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. Micro Systemation AB's value of 71.56 is 122.3% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.19, based on 2,799 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. Micro Systemation AB's current Cash Conversion Cycle of 71.56 is 122.3% 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 Micro Systemation AB and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro Systemation AB's current Cash Conversion Cycle is 71.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Systemation AB stock overvalued right now?
Based on GuruFocus' analysis, Micro Systemation AB (FRA:W98) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.84, compared to a current price of €6.64 — trading 13.7% above its estimated fair value. The current Cash Conversion Cycle is 71.56 and 122.3% above the Software industry median of 32.19. Micro Systemation AB's overall GF Score™ is 69/100 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 Micro Systemation AB (FRA:W98), the current Cash Conversion Cycle is 71.56 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 Micro Systemation AB (FRA:W98) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Systemation AB stock appears to be overvalued. The current stock price of €6.64 is trading 13.7% above its estimated GF Value™ of €5.84. GuruFocus considers Micro Systemation AB to be Modestly Overvalued.

Key valuation signals for FRA:W98:

  • Cash Conversion Cycle: 71.56
  • GF Value™: €5.84 vs. price of €6.64 (13.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 122.3% above the Software median

No single metric tells the full story. See the FRA:W98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Systemation AB Business Description

Other Exchanges MSAB B:Sweden0FBM:UK
Address Sveavagen 56E, Stockholm, SWE, 117 34
Micro Systemation AB is engaged in product development, production, and sales of solutions within the area of mobile digital forensics. It provides software products to extract, analyse, and present data from digital devices, predominantly mobile phones. The Group has three main product families: XRY, XAMN, and XEC. The products are used mainly by police, military, and intelligence agencies and are effective tools for securing evidence. The majority of the Group's sales are generated in the European market, with the United Kingdom being a substantial contributor; the rest comes from North America and other regions.
69GF Score

Get the complete analysis for FRA:W98

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

€6.64
Price
€5.84
GF Value