Materialise NV's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 76.49.
Materialise NV's Days Inventory for the
three
months ended in Mar. 2026 was 51.2.
Materialise NV's Days Payable for the
three
months ended in Mar. 2026 was 64.57.
Therefore, Materialise NV's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 63.12.
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.
Materialise NV Cash Conversion Cycle Related Terms
Materialise NV Cash Conversion Cycle Historical Data
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The historical data trend for Materialise NV'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.
MTLS vs CRM, SHOP, UBER: Cash Conversion Cycle Comparison
For the Software - Application subindustry, Materialise NV'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.
Materialise NV Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, Materialise NV's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Materialise NV's Cash Conversion Cycle falls into.
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.
Materialise NV'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.
Materialise NV (MTLS) has a Cash Conversion Cycle of 63.12 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Materialise NV and its competitors.
Is Materialise NV's Cash Conversion Cycle too high?
Materialise NV's current Cash Conversion Cycle is 63.12. The Software industry median Cash Conversion Cycle is 32.56. Materialise NV's value of 63.12 is 93.9% above this industry median. Overall, Materialise NV has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's Cash Conversion Cycle compare to CRM and SHOP?
Materialise NV's Cash Conversion Cycle of 63.12 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.56. Materialise NV's value of 63.12 is 93.9% 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.56, based on 2,805 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. Materialise NV's current Cash Conversion Cycle of 63.12 is 93.9% 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 Materialise NV and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materialise NV's current Cash Conversion Cycle is 63.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materialise NV stock overvalued right now?
Materialise NV (MTLS) has a current Cash Conversion Cycle of 63.12. The current Cash Conversion Cycle is 63.12 and 93.9% above the Software industry median of 32.56. Materialise NV's overall GF Score™ is 64/100 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 Materialise NV (MTLS), the current Cash Conversion Cycle is 63.12 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.
Materialise NV is a provider of 3D-printed medical devices and software and a pioneer in additive manufacturing software and services. The company operates through three principal segments: Materialise Software, Materialise Medical, and Materialise Manufacturing, with the Materialise Medical segment generating maximum revenue. The Materialise Medical segment develops and delivers medical software solutions, medical devices, and related products and services; the Materialise Software segment develops and delivers additive manufacturing software solutions and related services; and the Materialise Manufacturing segment delivers 3D-printed products and related services. The company generates maximum revenue from the United States of America.
64GF Score
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