Smartbroker Holding AG's Days Sales Outstanding for the
six
months ended in Jun. 2025 was 32.14.
Smartbroker Holding AG's Days Inventory for the
six
months ended in Jun. 2025 was 0.02.
Smartbroker Holding AG's Days Payable for the
six
months ended in Jun. 2025 was 25.53.
Therefore, Smartbroker Holding AG's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2025 was 6.63.
Smartbroker Holding AG (LTS:0CDX) 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.
Smartbroker Holding AG Cash Conversion Cycle Related Terms
Smartbroker Holding AG Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Smartbroker Holding AG'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.
Smartbroker Holding AG Cash Conversion Cycle Chart
LTS:0CDX vs SPGI, CME, MCO: Cash Conversion Cycle Comparison
For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding AG'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.
Smartbroker Holding AG Cash Conversion Cycle vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Smartbroker Holding AG's Cash Conversion Cycle falls into.
Smartbroker Holding AG 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.
Smartbroker Holding AG's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 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.
Smartbroker Holding AG (LTS:0CDX) has a Cash Conversion Cycle of 6.63 as of Jun. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Smartbroker Holding AG and its competitors.
Is Smartbroker Holding AG's Cash Conversion Cycle too high?
Smartbroker Holding AG's current Cash Conversion Cycle is 6.63. The Capital Markets industry median Cash Conversion Cycle is 1.64. Smartbroker Holding AG's value of 6.63 is 305.5% above this industry median. Overall, Smartbroker Holding AG has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smartbroker Holding AG's Cash Conversion Cycle compare to SPGI and CME?
Smartbroker Holding AG's Cash Conversion Cycle of 6.63 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. Smartbroker Holding AG's value of 6.63 is 305.5% 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 Capital Markets company?
The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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. Smartbroker Holding AG's current Cash Conversion Cycle of 6.63 is 305.5% 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 Smartbroker Holding AG and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartbroker Holding AG's current Cash Conversion Cycle is 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartbroker Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Smartbroker Holding AG (LTS:0CDX) is currently considered Fairly Valued. The stock's GF Value™ is €10.95, compared to a current price of €10.70 — trading 2.3% below its estimated fair value. The current Cash Conversion Cycle is 6.63 and 305.5% above the Capital Markets industry median of 1.64. Smartbroker Holding AG's overall GF Score™ is 91/100 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 Smartbroker Holding AG (LTS:0CDX), the current Cash Conversion Cycle is 6.63 as of Jun. 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 Smartbroker Holding AG (LTS:0CDX) Overvalued in 2026?
Based on GuruFocus' analysis, Smartbroker Holding AG stock appears to be undervalued.
The current stock price of €10.70 is trading 2.3% below its estimated GF Value™ of €10.95.
GuruFocus considers Smartbroker Holding AG to be Fairly Valued.
Key valuation signals for LTS:0CDX:
Cash Conversion Cycle: 6.63
GF Value™: €10.95 vs. price of €10.70 (2.3% below fair value)
Industry Position: 305.5% above the Capital Markets median
No single metric tells the full story. See the LTS:0CDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.
91GF Score
Get the complete analysis for LTS:0CDX
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0CDX has been successfully added to your 
