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LX Technology Group's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 19.36.
LX Technology Group's Days Inventory for the
six
months ended in Dec. 2025 was 20.66.
LX Technology Group's Days Payable for the
six
months ended in Dec. 2025 was 17.42.
Therefore, LX Technology Group's Cash Conversion Cycle (CCC) for the
six
months ended in Dec. 2025 was 22.60.
LX Technology Group (HKSE:02436) 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.
LX Technology Group Cash Conversion Cycle Related Terms
LX Technology Group Cash Conversion Cycle Historical Data
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The historical data trend for LX 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.
HKSE:02436 vs SNDK, DELL, STX: Cash Conversion Cycle Comparison
For the Computer Hardware subindustry, LX 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.
LX Technology Group Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, LX Technology Group's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where LX Technology Group's Cash Conversion Cycle falls into.
LX 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.
LX Technology Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
LX Technology Group (HKSE:02436) has a Cash Conversion Cycle of 22.60 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on LX Technology Group and its competitors.
Is LX Technology Group's Cash Conversion Cycle too high?
LX Technology Group's current Cash Conversion Cycle is 22.60. The Hardware industry median Cash Conversion Cycle is 99.23. LX Technology Group's value of 22.60 is 77.2% below this industry median. Overall, LX Technology Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LX Technology Group's Cash Conversion Cycle compare to SNDK and DELL?
LX Technology Group's Cash Conversion Cycle of 22.60 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.23. LX Technology Group's value of 22.60 is 77.2% 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 a Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.23, based on 2,478 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. LX Technology Group's current Cash Conversion Cycle of 22.60 is 77.2% 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 LX Technology Group and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LX Technology Group's current Cash Conversion Cycle is 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LX Technology Group stock overvalued right now?
Based on GuruFocus' analysis, LX Technology Group (HKSE:02436) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.67, compared to a current price of HK$18.50 — trading 177.4% above its estimated fair value. The current Cash Conversion Cycle is 22.60 and 77.2% below the Hardware industry median of 99.23. LX Technology Group's overall GF Score™ is 60/100 with 6 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 LX Technology Group (HKSE:02436), the current Cash Conversion Cycle is 22.60 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 LX Technology Group (HKSE:02436) Overvalued in 2026?
Based on GuruFocus' analysis, LX Technology Group stock appears to be overvalued.
The current stock price of HK$18.50 is trading 177.4% above its estimated GF Value™ of HK$6.67.
GuruFocus considers LX Technology Group to be Significantly Overvalued.
Key valuation signals for HKSE:02436:
Cash Conversion Cycle: 22.60
GF Value™: HK$6.67 vs. price of HK$18.50 (177.4% above fair value)
Industry Position: 77.2% below the Hardware median
No single metric tells the full story. See the HKSE:02436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The service line of the company are the Device recycling business, Device subscription services and IT technical subscription services. from which the company earns maximum revenue from the Device recycling business.
60GF Score
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