NCABF (NCAB Group AB) Cash Conversion Cycle: 28.61 (As of Mar. 2026)


What is NCAB Group AB Cash Conversion Cycle?

NCAB Group AB NCABF 93 Cash Conversion Cycle is 28.61 as of Mar. 2026. GuruFocus rates NCABF with a GF Score™ of 93/100. The stock has 8 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.

NCAB Group AB's Days Sales Outstanding for the three months ended in Mar. 2026 was 73.73.
NCAB Group AB's Days Inventory for the three months ended in Mar. 2026 was 40.91.
NCAB Group AB's Days Payable for the three months ended in Mar. 2026 was 86.03.
Therefore, NCAB Group AB's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 28.61.


NCAB Group AB  (OTCPK:NCABF) 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.


NCAB Group AB Cash Conversion Cycle Related Terms


NCAB Group AB Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for NCAB Group AB'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.

NCAB Group AB Cash Conversion Cycle Chart

NCAB Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.12 60.46 52.87 42.80 31.38

NCAB Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 33.89 30.87 26.51 29.60 28.61

NCABF vs APH, GLW: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, NCAB Group AB'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.


NCAB Group AB Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, NCAB Group AB's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where NCAB Group AB's Cash Conversion Cycle falls into.



NCAB Group AB 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.

NCAB Group AB's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=68.4+43.38-80.4
=31.38

NCAB Group AB'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
=73.73+40.91-86.03
=28.61

* 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 28.61 mean?
NCAB Group AB (NCABF) has a Cash Conversion Cycle of 28.61 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on NCAB Group AB and its competitors.
Is NCAB Group AB's Cash Conversion Cycle too high?
NCAB Group AB's current Cash Conversion Cycle is 28.61. The Hardware industry median Cash Conversion Cycle is 99.00. NCAB Group AB's value of 28.61 is 71.1% below this industry median. Overall, NCAB Group AB has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's Cash Conversion Cycle compare to APH and GLW?
NCAB Group AB's Cash Conversion Cycle of 28.61 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.00. NCAB Group AB's value of 28.61 is 71.1% 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 99.00, 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. NCAB Group AB's current Cash Conversion Cycle of 28.61 is 71.1% 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 NCAB Group AB and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCAB Group AB's current Cash Conversion Cycle is 28.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
NCAB Group AB (NCABF) has a current Cash Conversion Cycle of 28.61. The current Cash Conversion Cycle is 28.61 and 71.1% below the Hardware industry median of 99.00. NCAB Group AB's overall GF Score™ is 93/100 with 8 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 NCAB Group AB (NCABF), the current Cash Conversion Cycle is 28.61 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.

NCAB Group AB Business Description

Address Lofstroms alle 5, Sundbyberg, SWE, 172 66
NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.