Credo Technology Group Holding (MEX:CRDON) Cash Conversion Cycle: 133.76 (As of Apr. 2026)

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MEX:CRDON Credo Technology Group Holding Ltd MEX:CRDON
80 GF Score
Price MXN3,675.01
GF Value MXN3,776.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Credo Technology Group Holding Cash Conversion Cycle?

Credo Technology Group Holding MEX:CRDON -10.80% 80 Cash Conversion Cycle is 133.76 as of Apr. 2026. GuruFocus rates MEX:CRDON with a GF Score™ of 80/100 and a GF Value™ of MXN3,776.76 (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.

Credo Technology Group Holding's Days Sales Outstanding for the three months ended in Apr. 2026 was 49.52.
Credo Technology Group Holding's Days Inventory for the three months ended in Apr. 2026 was 150.01.
Credo Technology Group Holding's Days Payable for the three months ended in Apr. 2026 was 65.77.
Therefore, Credo Technology Group Holding's Cash Conversion Cycle (CCC) for the three months ended in Apr. 2026 was 133.76.


Credo Technology Group Holding  (MEX:CRDON) 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.


Credo Technology Group Holding Cash Conversion Cycle Related Terms


Credo Technology Group Holding Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding'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.

Credo Technology Group Holding Cash Conversion Cycle Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cash Conversion Cycle
Get a 7-Day Free Trial 169.75 225.60 241.33 142.54 134.25

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 129.72 132.55 151.00 130.06 133.76

MEX:CRDON vs MCHP, CBRS, ON: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, Credo Technology Group Holding'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.


Credo Technology Group Holding Cash Conversion Cycle vs Semiconductors Industry

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

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


MEX:CRDON
80GF Score
Credo Technology Group Holding Ltd MEX:CRDON
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Credo Technology Group Holding 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.

Credo Technology Group Holding's Cash Conversion Cycle for the fiscal year that ended in Apr. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.69+150.32-72.76
=134.25

Credo Technology Group Holding's Cash Conversion Cycle for the quarter that ended in Apr. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=49.52+150.01-65.77
=133.76

* 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 133.76 mean?
Credo Technology Group Holding (MEX:CRDON) has a Cash Conversion Cycle of 133.76 as of Apr. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Credo Technology Group Holding and its competitors.
Is Credo Technology Group Holding's Cash Conversion Cycle too high?
Credo Technology Group Holding's current Cash Conversion Cycle is 133.76. The Semiconductors industry median Cash Conversion Cycle is 116.40. Credo Technology Group Holding's value of 133.76 is 14.9% above this industry median. Overall, Credo Technology Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Cash Conversion Cycle compare to MCHP and CBRS?
Credo Technology Group Holding's Cash Conversion Cycle of 133.76 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.40. Credo Technology Group Holding's value of 133.76 is 14.9% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.40, based on 1,022 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. Credo Technology Group Holding's current Cash Conversion Cycle of 133.76 is 14.9% 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 Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Cash Conversion Cycle is 133.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,776.76, compared to a current price of MXN3,675.01 — trading 2.7% below its estimated fair value. The current Cash Conversion Cycle is 133.76 and 14.9% above the Semiconductors industry median of 116.40. Credo Technology Group Holding's overall GF Score™ is 80/100 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 Credo Technology Group Holding (MEX:CRDON), the current Cash Conversion Cycle is 133.76 as of Apr. 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 Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be undervalued. The current stock price of MXN3,675.01 is trading 2.7% below its estimated GF Value™ of MXN3,776.76. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for MEX:CRDON:

  • Cash Conversion Cycle: 133.76
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 14.9% above the Semiconductors median

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


Credo Technology Group Holding Business Description

Other Exchanges CRDO:USA
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
80GF Score

Get the complete analysis for MEX:CRDON

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

MXN3,675.01
Price
MXN3,776.76
GF Value