SSH Communications Security Oyj (FRA:XXH) Cash Conversion Cycle: 91.22 (As of Dec. 2025)


FRA:XXH SSH Communications Security Oyj FRA:XXH
67 GF Score
Price €1.90
GF Value €1.26
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SSH Communications Security Oyj Cash Conversion Cycle?

SSH Communications Security Oyj FRA:XXH -0.52% 67 Cash Conversion Cycle is 91.22 as of Dec. 2025. GuruFocus rates FRA:XXH with a GF Score™ of 67/100 and a GF Value™ of €1.26 (Significantly Overvalued). The stock has 3 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.

SSH Communications Security Oyj's Days Sales Outstanding for the three months ended in Dec. 2025 was 91.22.
SSH Communications Security Oyj's Days Inventory for the three months ended in Dec. 2025 was 0.
SSH Communications Security Oyj's Days Payable for the three months ended in Dec. 2025 was 0.
Therefore, SSH Communications Security Oyj's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 91.22.


SSH Communications Security Oyj  (FRA:XXH) 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.


SSH Communications Security Oyj Cash Conversion Cycle Related Terms


SSH Communications Security Oyj Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for SSH Communications Security Oyj'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.

SSH Communications Security Oyj Cash Conversion Cycle Chart

SSH Communications Security Oyj 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 82.66 -1,287.52 -776.70 -343.79 -1,049.82

SSH Communications Security Oyj Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -2,031.50 60.49 53.96 71.33 91.22

FRA:XXH vs MSFT, ORCL, PLTR: Cash Conversion Cycle Comparison

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SSH Communications Security Oyj's Cash Conversion Cycle falls into.


FRA:XXH
67GF Score
SSH Communications Security Oyj FRA:XXH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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SSH Communications Security Oyj 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.

SSH Communications Security Oyj'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
=101.67+1599.05-2750.54
=-1,049.82

SSH Communications Security Oyj'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
=91.22+0-0
=91.22

* 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 91.22 mean?
SSH Communications Security Oyj (FRA:XXH) has a Cash Conversion Cycle of 91.22 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on SSH Communications Security Oyj and its competitors.
Is SSH Communications Security Oyj's Cash Conversion Cycle too high?
SSH Communications Security Oyj's current Cash Conversion Cycle is 91.22. The Software industry median Cash Conversion Cycle is 32.19. SSH Communications Security Oyj's value of 91.22 is 183.4% above this industry median. Overall, SSH Communications Security Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSH Communications Security Oyj's Cash Conversion Cycle compare to MSFT and ORCL?
SSH Communications Security Oyj's Cash Conversion Cycle of 91.22 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.19. SSH Communications Security Oyj's value of 91.22 is 183.4% 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. SSH Communications Security Oyj's current Cash Conversion Cycle of 91.22 is 183.4% 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 SSH Communications Security Oyj 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. SSH Communications Security Oyj's current Cash Conversion Cycle is 91.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSH Communications Security Oyj stock overvalued right now?
Based on GuruFocus' analysis, SSH Communications Security Oyj (FRA:XXH) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.26, compared to a current price of €1.90 — trading 51.1% above its estimated fair value. The current Cash Conversion Cycle is 91.22 and 183.4% above the Software industry median of 32.19. SSH Communications Security Oyj's overall GF Score™ is 67/100 with 3 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 SSH Communications Security Oyj (FRA:XXH), the current Cash Conversion Cycle is 91.22 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 SSH Communications Security Oyj (FRA:XXH) Overvalued in 2026?

Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued. The current stock price of €1.90 is trading 51.1% above its estimated GF Value™ of €1.26. GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.

Key valuation signals for FRA:XXH:

  • Cash Conversion Cycle: 91.22
  • GF Value™: €1.26 vs. price of €1.90 (51.1% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 183.4% above the Software median

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


SSH Communications Security Oyj Business Description

Address Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
67GF Score

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

€1.90
Price
€1.26
GF Value