CML Microsystems (LSE:CML) Cash Conversion Cycle: 46.95 (As of Mar. 2026)


LSE:CML CML Microsystems PLC LSE:CML
63 GF Score
Price £2.68
GF Value £2.82
Valuation Fairly Valued
! 3 Warning Signs
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What is CML Microsystems Cash Conversion Cycle?

CML Microsystems LSE:CML +1.90% 63 Cash Conversion Cycle is 46.95 as of Mar. 2026. GuruFocus rates LSE:CML with a GF Score™ of 63/100 and a GF Value™ of £2.82 (Fairly Valued). 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.

CML Microsystems's Days Sales Outstanding for the six months ended in Mar. 2026 was 63.96.
CML Microsystems's Days Inventory for the six months ended in Mar. 2026 was 201.47.
CML Microsystems's Days Payable for the six months ended in Mar. 2026 was 218.48.
Therefore, CML Microsystems's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2026 was 46.95.


CML Microsystems  (LSE:CML) 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.


CML Microsystems Cash Conversion Cycle Related Terms


CML Microsystems Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for CML Microsystems'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.

CML Microsystems Cash Conversion Cycle Chart

CML Microsystems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.39 143.01 158.27 243.76 174.81

CML Microsystems Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 104.72 76.84 147.98 185.80 46.95

LSE:CML vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, CML Microsystems'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.


CML Microsystems Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CML Microsystems's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where CML Microsystems's Cash Conversion Cycle falls into.


LSE:CML
63GF Score
CML Microsystems PLC LSE:CML
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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CML Microsystems 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.

CML Microsystems's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=45.49+251.64-122.32
=174.81

CML Microsystems'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
=63.96+201.47-218.48
=46.95

* 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 46.95 mean?
CML Microsystems (LSE:CML) has a Cash Conversion Cycle of 46.95 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CML Microsystems and its competitors.
Is CML Microsystems' Cash Conversion Cycle too high?
CML Microsystems' current Cash Conversion Cycle is 46.95. The Semiconductors industry median Cash Conversion Cycle is 116.11. CML Microsystems' value of 46.95 is 59.6% below this industry median. Overall, CML Microsystems has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CML Microsystems' Cash Conversion Cycle compare to NVDA and AVGO?
CML Microsystems' Cash Conversion Cycle of 46.95 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. CML Microsystems' value of 46.95 is 59.6% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.11, based on 1,021 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. CML Microsystems's current Cash Conversion Cycle of 46.95 is 59.6% 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 CML Microsystems and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CML Microsystems's current Cash Conversion Cycle is 46.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CML Microsystems stock overvalued right now?
Based on GuruFocus' analysis, CML Microsystems (LSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is £2.82, compared to a current price of £2.68 — trading 5.1% below its estimated fair value. The current Cash Conversion Cycle is 46.95 and 59.6% below the Semiconductors industry median of 116.11. CML Microsystems' overall GF Score™ is 63/100 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 CML Microsystems (LSE:CML), the current Cash Conversion Cycle is 46.95 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 CML Microsystems (LSE:CML) Overvalued in 2026?

Based on GuruFocus' analysis, CML Microsystems stock appears to be undervalued. The current stock price of £2.68 is trading 5.1% below its estimated GF Value™ of £2.82. GuruFocus considers CML Microsystems to be Fairly Valued.

Key valuation signals for LSE:CML:

  • Cash Conversion Cycle: 46.95
  • GF Value™: £2.82 vs. price of £2.68 (5.1% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 59.6% below the Semiconductors median

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


CML Microsystems Business Description

Other Exchanges 92M:Germany
Address Oval Park, Langford, Maldon, Essex, GBR, CM9 6WG
CML Microsystems PLC designs manufacture and markets a range of semiconductors for industrial and professional applications within the storage, wireless, and wireline communications market areas. It operates internationally with subsidiaries across the United Kingdom, Europe, the Americas, and the Far East. The company is focused only one reporting segment, the Semiconductor segment.
63GF Score

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

£2.68
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£2.82
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