FTGFF (Firan Technology Group) Cash Conversion Cycle: 121.37 (As of Feb. 2026)


FTGFF Firan Technology Group Corp FTGFF
80 GF Score
Price $16.03
GF Value $6.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Firan Technology Group Cash Conversion Cycle?

Firan Technology Group FTGFF 80 Cash Conversion Cycle is 121.37 as of Feb. 2026. GuruFocus rates FTGFF with a GF Score™ of 80/100 and a GF Value™ of $6.20 (Significantly Overvalued). 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.

Firan Technology Group's Days Sales Outstanding for the three months ended in Feb. 2026 was 76.64.
Firan Technology Group's Days Inventory for the three months ended in Feb. 2026 was 109.38.
Firan Technology Group's Days Payable for the three months ended in Feb. 2026 was 64.65.
Therefore, Firan Technology Group's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2026 was 121.37.


Firan Technology Group  (OTCPK:FTGFF) 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.


Firan Technology Group Cash Conversion Cycle Related Terms


Firan Technology Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Firan Technology Group'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.

Firan Technology Group Cash Conversion Cycle Chart

Firan Technology Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.53 90.60 93.96 105.94 105.85

Firan Technology Group Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 107.64 107.56 120.65 110.90 121.37

FTGFF vs SPCX, GE, RTX: Cash Conversion Cycle Comparison

For the Aerospace & Defense subindustry, Firan Technology Group'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.


Firan Technology Group Cash Conversion Cycle vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Cash Conversion Cycle distribution charts can be found below:

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


FTGFF
80GF Score
Firan Technology Group Corp FTGFF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Firan Technology Group 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.

Firan Technology Group's Cash Conversion Cycle for the fiscal year that ended in Nov. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=71.72+103.98-69.85
=105.85

Firan Technology Group's Cash Conversion Cycle for the quarter that ended in Feb. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=76.64+109.38-64.65
=121.37

* 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 121.37 mean?
Firan Technology Group (FTGFF) has a Cash Conversion Cycle of 121.37 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Firan Technology Group and its competitors.
Is Firan Technology Group's Cash Conversion Cycle too high?
Firan Technology Group's current Cash Conversion Cycle is 121.37. The Aerospace & Defense industry median Cash Conversion Cycle is 136.96. Firan Technology Group's value of 121.37 is 11.4% below this industry median. Overall, Firan Technology Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firan Technology Group's Cash Conversion Cycle compare to SPCX and GE?
Firan Technology Group's Cash Conversion Cycle of 121.37 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 136.96. Firan Technology Group's value of 121.37 is 11.4% below 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 136.96, based on 348 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. Firan Technology Group's current Cash Conversion Cycle of 121.37 is 11.4% below 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 Firan Technology Group and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 136.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firan Technology Group's current Cash Conversion Cycle is 121.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firan Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Firan Technology Group (FTGFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.20, compared to a current price of $16.03 — trading 158.5% above its estimated fair value. The current Cash Conversion Cycle is 121.37 and 11.4% below the Aerospace & Defense industry median of 136.96. Firan Technology Group's overall GF Score™ is 80/100 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 Firan Technology Group (FTGFF), the current Cash Conversion Cycle is 121.37 as of Feb. 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 Firan Technology Group (FTGFF) Overvalued in 2026?

Based on GuruFocus' analysis, Firan Technology Group stock appears to be overvalued. The current stock price of $16.03 is trading 158.5% above its estimated GF Value™ of $6.20. GuruFocus considers Firan Technology Group to be Significantly Overvalued.

Key valuation signals for FTGFF:

  • Cash Conversion Cycle: 121.37
  • GF Value™: $6.20 vs. price of $16.03 (158.5% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 11.4% below the Aerospace & Defense median

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


Firan Technology Group Business Description

Other Exchanges 22F:GermanyFTG:Canada
Address 250 Finchdene Square, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments, namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.
80GF Score

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

$16.03
Price
$6.20
GF Value