Nordic Semiconductor ASA's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 47.57.
Nordic Semiconductor ASA's Days Inventory for the
three
months ended in Mar. 2026 was 167.67.
Nordic Semiconductor ASA's Days Payable for the
three
months ended in Mar. 2026 was 40.85.
Therefore, Nordic Semiconductor ASA's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 174.39.
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.
Nordic Semiconductor ASA Cash Conversion Cycle Related Terms
Nordic Semiconductor ASA Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Nordic Semiconductor ASA'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.
NDCVF vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison
For the Semiconductors subindustry, Nordic Semiconductor ASA'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.
Nordic Semiconductor ASA Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Nordic Semiconductor ASA'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.
Nordic Semiconductor ASA'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.
Nordic Semiconductor ASA (NDCVF) has a Cash Conversion Cycle of 174.39 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's Cash Conversion Cycle too high?
Nordic Semiconductor ASA's current Cash Conversion Cycle is 174.39. The Semiconductors industry median Cash Conversion Cycle is 116.11. Nordic Semiconductor ASA's value of 174.39 is 50.2% above this industry median. Overall, Nordic Semiconductor ASA has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cash Conversion Cycle compare to NVDA and AVGO?
Nordic Semiconductor ASA's Cash Conversion Cycle of 174.39 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.11. Nordic Semiconductor ASA's value of 174.39 is 50.2% 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 116.11, 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. Nordic Semiconductor ASA's current Cash Conversion Cycle of 174.39 is 50.2% 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 Nordic Semiconductor ASA 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. Nordic Semiconductor ASA's current Cash Conversion Cycle is 174.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NDCVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.55, compared to a current price of $17.70 — trading 21.6% above its estimated fair value. The current Cash Conversion Cycle is 174.39 and 50.2% above the Semiconductors industry median of 116.11. Nordic Semiconductor ASA's overall GF Score™ is 86/100 with 5 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 Nordic Semiconductor ASA (NDCVF), the current Cash Conversion Cycle is 174.39 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 Nordic Semiconductor ASA (NDCVF) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued.
The current stock price of $17.70 is trading 21.6% above its estimated GF Value™ of $14.55.
GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.
Key valuation signals for NDCVF:
Cash Conversion Cycle: 174.39
GF Value™: $14.55 vs. price of $17.70 (21.6% above fair value)
Industry Position: 50.2% above the Semiconductors median
No single metric tells the full story. See the NDCVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
86GF Score
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