HCTI (Healthcare Triangle) Cash Conversion Cycle: 23.67 (As of Mar. 2026)


HCTI Healthcare Triangle Inc HCTI
19 GF Score
Price $1.81
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What is Healthcare Triangle Cash Conversion Cycle?

Healthcare Triangle HCTI -3.72% 19 Cash Conversion Cycle is 23.67 as of Mar. 2026. GuruFocus rates HCTI with a GF Score™ of 19/100. The stock has 7 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.

Healthcare Triangle's Days Sales Outstanding for the three months ended in Mar. 2026 was 48.32.
Healthcare Triangle's Days Inventory for the three months ended in Mar. 2026 was 0.
Healthcare Triangle's Days Payable for the three months ended in Mar. 2026 was 24.65.
Therefore, Healthcare Triangle's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 23.67.


Healthcare Triangle  (NAS:HCTI) 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.


Healthcare Triangle Cash Conversion Cycle Related Terms


Healthcare Triangle Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Healthcare Triangle'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.

Healthcare Triangle Cash Conversion Cycle Chart

Healthcare Triangle Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 37.25 44.09 28.28 -19.67 -8.14

Healthcare Triangle 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 -19.04 -6.65 2.52 30.78 23.67

HCTI vs MNDR, ESSI, VSEE: Cash Conversion Cycle Comparison

For the Health Information Services subindustry, Healthcare Triangle'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.


Healthcare Triangle Cash Conversion Cycle vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Triangle's Cash Conversion Cycle distribution charts can be found below:

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


HCTI
19GF Score
Healthcare Triangle Inc HCTI
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Healthcare Triangle 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.

Healthcare Triangle'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
=41.78+0-49.92
=-8.14

Healthcare Triangle'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
=48.32+0-24.65
=23.67

* 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 23.67 mean?
Healthcare Triangle (HCTI) has a Cash Conversion Cycle of 23.67 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Healthcare Triangle and its competitors.
Is Healthcare Triangle's Cash Conversion Cycle too high?
Healthcare Triangle's current Cash Conversion Cycle is 23.67. The Healthcare Providers & Services industry median Cash Conversion Cycle is 18.21. Healthcare Triangle's value of 23.67 is 30% above this industry median. Overall, Healthcare Triangle has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Healthcare Triangle's Cash Conversion Cycle compare to MNDR and ESSI?
Healthcare Triangle's Cash Conversion Cycle of 23.67 can be compared against companies in the Healthcare Providers & Services industry. The industry median Cash Conversion Cycle is 18.21. Healthcare Triangle's value of 23.67 is 30% 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 Healthcare Providers & Services company?
The median Cash Conversion Cycle among Healthcare Providers & Services companies is 18.21, based on 664 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. Healthcare Triangle's current Cash Conversion Cycle of 23.67 is 30% 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 Healthcare Triangle and its competitors. For the Healthcare Providers & Services industry, the median Cash Conversion Cycle is 18.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthcare Triangle's current Cash Conversion Cycle is 23.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthcare Triangle stock overvalued right now?
Healthcare Triangle (HCTI) has a current Cash Conversion Cycle of 23.67. The current Cash Conversion Cycle is 23.67 and 30% above the Healthcare Providers & Services industry median of 18.21. Healthcare Triangle's overall GF Score™ is 19/100 with 7 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 Healthcare Triangle (HCTI), the current Cash Conversion Cycle is 23.67 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.

Healthcare Triangle Business Description

Address 7901 Stoneridge Drive, Suite 210, Pleasanton, CA, USA, 94588
Healthcare Triangle Inc is a healthcare information technology company focused on advancing industry-transforming solutions in the sectors of cloud services, data science, and professional and managed services for the healthcare and life sciences industry. The company reinforces healthcare progress through technology and extensive industry know-how. HTI supports healthcare providers and payors, hospitals, and Pharma Life Sciences organizations in their efforts to improve health outcomes by enabling the adoption of new technologies, data enlightenment, business agility, and accelerated response to immediate business needs and competitive threats. It provides services under three operating segments: Software Services, Managed Services, and Support and Corporate & others.
19GF Score

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