Next Technology Holding (FRA:ZP9) Cash Conversion Cycle: -198.55 (As of Mar. 2026)


FRA:ZP9 Next Technology Holding Inc FRA:ZP9
29 GF Score
Price €0.98
GF Value €6.43
Valuation Possible Value Trap
! 1 Warning Sign
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What is Next Technology Holding Cash Conversion Cycle?

Next Technology Holding FRA:ZP9 -2.50% 29 Cash Conversion Cycle is -198.55 as of Mar. 2026. GuruFocus rates FRA:ZP9 with a GF Score™ of 29/100 and a GF Value™ of €6.43 (Possible Value Trap). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Next Technology Holding's Days Sales Outstanding for the three months ended in Mar. 2026 was 70.71.
Next Technology Holding's Days Inventory for the three months ended in Mar. 2026 was 0.
Next Technology Holding's Days Payable for the three months ended in Mar. 2026 was 269.26.
Therefore, Next Technology Holding's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -198.55.


Next Technology Holding  (FRA:ZP9) 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.


Next Technology Holding Cash Conversion Cycle Related Terms


Next Technology Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Next Technology Holding'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.

Next Technology Holding Cash Conversion Cycle Chart

Next Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 143.13 0.00 -126.79 -94.84 8.20

Next Technology Holding 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 0.00 0.00 15.82 -5.75 -198.55

FRA:ZP9 vs IDN, FRMM, ILLR: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Next Technology Holding'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.


Next Technology Holding Cash Conversion Cycle vs Software Industry

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

* The bar in red indicates where Next Technology Holding's Cash Conversion Cycle falls into.


FRA:ZP9
29GF Score
Next Technology Holding Inc FRA:ZP9
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Technology Holding 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.

Next Technology Holding'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
=37.2+0-29
=8.20

Next Technology Holding'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
=70.71+0-269.26
=-198.55

* 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 -198.55 mean?
Next Technology Holding (FRA:ZP9) has a Cash Conversion Cycle of -198.55 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Next Technology Holding and its competitors.
Is Next Technology Holding's Cash Conversion Cycle too high?
Next Technology Holding's current Cash Conversion Cycle is -198.55. Overall, Next Technology Holding has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Cash Conversion Cycle compare to IDN and FRMM?
Next Technology Holding's Cash Conversion Cycle of -198.55 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.23. 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 32.23, based on 2,804 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 Next Technology Holding and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Technology Holding's current Cash Conversion Cycle is -198.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €6.43, compared to a current price of €0.98 — trading 84.8% below its estimated fair value. The current Cash Conversion Cycle is -198.55. Next Technology Holding's overall GF Score™ is 29/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Cash Conversion Cycle is -198.55 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?

Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued. The current stock price of €0.98 is trading 84.8% below its estimated GF Value™ of €6.43. GuruFocus considers Next Technology Holding to be Possible Value Trap.

Key valuation signals for FRA:ZP9:

  • Cash Conversion Cycle: -198.55
  • GF Value™: €6.43 vs. price of €0.98 (84.8% below fair value)
  • GF Score™: 29/100 with 1 warning sign

No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Technology Holding Business Description

Other Exchanges NXTT:USA
Address Grandage 3, Takebashi 408, 1376-7 OBA, Ssaitama Prefecture, Kasukabe, JPN, 344-0021
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
29GF Score

Get the complete analysis for FRA:ZP9

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

€0.98
Price
€6.43
GF Value