Xaar (FRA:XAR) Cash Conversion Cycle: 236.83 (As of Dec. 2025)


FRA:XAR Xaar PLC FRA:XAR
65 GF Score
Price €1.34
GF Value €1.42
Valuation Fairly Valued
! 2 Warning Signs
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What is Xaar Cash Conversion Cycle?

Xaar FRA:XAR +6.35% 65 Cash Conversion Cycle is 236.83 as of Dec. 2025. GuruFocus rates FRA:XAR with a GF Score™ of 65/100 and a GF Value™ of €1.42 (Fairly Valued). The stock has 2 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.

Xaar's Days Sales Outstanding for the six months ended in Dec. 2025 was 43.24.
Xaar's Days Inventory for the six months ended in Dec. 2025 was 254.12.
Xaar's Days Payable for the six months ended in Dec. 2025 was 60.53.
Therefore, Xaar's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 236.83.


Xaar  (FRA:XAR) 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.


Xaar Cash Conversion Cycle Related Terms


Xaar Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Xaar'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.

Xaar Cash Conversion Cycle Chart

Xaar 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 53.48 123.21 205.50 289.87 284.18

Xaar 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 211.61 306.13 276.29 271.72 236.83

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

For the Computer Hardware subindustry, Xaar'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.


Xaar Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Xaar's Cash Conversion Cycle falls into.


FRA:XAR
65GF Score
Xaar PLC FRA:XAR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Xaar 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.

Xaar'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
=41+277.65-34.47
=284.18

Xaar'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
=43.24+254.12-60.53
=236.83

* 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 236.83 mean?
Xaar (FRA:XAR) has a Cash Conversion Cycle of 236.83 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Xaar and its competitors.
Is Xaar's Cash Conversion Cycle too high?
Xaar's current Cash Conversion Cycle is 236.83. The Hardware industry median Cash Conversion Cycle is 98.95. Xaar's value of 236.83 is 139.3% above this industry median. Overall, Xaar has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xaar's Cash Conversion Cycle compare to SNDK and DELL?
Xaar's Cash Conversion Cycle of 236.83 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Xaar's value of 236.83 is 139.3% 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 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. Xaar's current Cash Conversion Cycle of 236.83 is 139.3% 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 Xaar 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. Xaar's current Cash Conversion Cycle is 236.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xaar stock overvalued right now?
Based on GuruFocus' analysis, Xaar (FRA:XAR) is currently considered Fairly Valued. The stock's GF Value™ is €1.42, compared to a current price of €1.34 — trading 5.6% below its estimated fair value. The current Cash Conversion Cycle is 236.83 and 139.3% above the Hardware industry median of 98.95. Xaar's overall GF Score™ is 65/100 with 2 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 Xaar (FRA:XAR), the current Cash Conversion Cycle is 236.83 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 Xaar (FRA:XAR) Overvalued in 2026?

Based on GuruFocus' analysis, Xaar stock appears to be undervalued. The current stock price of €1.34 is trading 5.6% below its estimated GF Value™ of €1.42. GuruFocus considers Xaar to be Fairly Valued.

Key valuation signals for FRA:XAR:

  • Cash Conversion Cycle: 236.83
  • GF Value™: €1.42 vs. price of €1.34 (5.6% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 139.3% above the Hardware median

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


Xaar Business Description

Other Exchanges XARl:UKXAR:UK
Address 3950 Cambridge Research Park, Waterbeach, Cambridge, GBR, CB25 9PE
Xaar PLC is a digital inkjet technology company. It designs and manufactures printheads, product print systems, and Ink supply systems, which it sells globally to Original Equipment Manufacturers (OEMs) and User Developer Integrators (UDIs). The Group's technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding, as well as printing with specialist functional fluids for manufacturing techniques. Its operations are reported under the following segments: Printhead, which generates the maximum revenue, EPS, and Megnajet. Geographically, the Group generates maximum revenue from the Americas, followed by EMEA, China, and the Rest of Asia Pacific.
65GF Score

Get the complete analysis for FRA:XAR

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

€1.34
Price
€1.42
GF Value