Secure Electronic Technology (NSA:NSLTECH) Cash Conversion Cycle: 10.72 (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.82
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Cash Conversion Cycle?

Secure Electronic Technology NSA:NSLTECH +7.89% 10 Cash Conversion Cycle is 10.72 as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Secure Electronic Technology's Days Sales Outstanding for the six months ended in Dec. 2024 was 10.72.
Secure Electronic Technology's Days Inventory for the six months ended in Dec. 2024 was 0.
Secure Electronic Technology's Days Payable for the six months ended in Dec. 2024 was 0.
Therefore, Secure Electronic Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 10.72.


Secure Electronic Technology  (NSA:NSLTECH) 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.


Secure Electronic Technology Cash Conversion Cycle Related Terms


Secure Electronic Technology Cash Conversion Cycle Historical Data

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The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Cash Conversion Cycle Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
-3.33 -3.87 -12.12 10.72

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle -3.33 -3.87 -12.12 10.72

NSA:NSLTECH vs FLUT, DKNG, SGHC: Cash Conversion Cycle Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Cash Conversion Cycle vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Cash Conversion Cycle falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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.

Secure Electronic Technology's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=10.72+0-0
=10.72

Secure Electronic Technology's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=10.72+0-0
=10.72

* 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 10.72 mean?
Secure Electronic Technology (NSA:NSLTECH) has a Cash Conversion Cycle of 10.72 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Cash Conversion Cycle too high?
Secure Electronic Technology's current Cash Conversion Cycle is 10.72. The Travel & Leisure industry median Cash Conversion Cycle is 10.35. Secure Electronic Technology's value of 10.72 is 3.6% above this industry median. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Cash Conversion Cycle compare to FLUT and DKNG?
Secure Electronic Technology's Cash Conversion Cycle of 10.72 can be compared against companies in the Travel & Leisure industry. The industry median Cash Conversion Cycle is 10.35. Secure Electronic Technology's value of 10.72 is 3.6% 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 Travel & Leisure company?
The median Cash Conversion Cycle among Travel & Leisure companies is 10.35, based on 838 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. Secure Electronic Technology's current Cash Conversion Cycle of 10.72 is 3.6% 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median Cash Conversion Cycle is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current Cash Conversion Cycle is 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.82 — trading 127.8% above its estimated fair value. The current Cash Conversion Cycle is 10.72 and 3.6% above the Travel & Leisure industry median of 10.35. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current Cash Conversion Cycle is 10.72 as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.82 is trading 127.8% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Cash Conversion Cycle: 10.72
  • GF Value™: ₦0.36 vs. price of ₦0.82 (127.8% above fair value)
  • GF Score™: 10/100 with 1 warning sign
  • Industry Position: 3.6% above the Travel & Leisure median

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


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦0.82
Price
₦0.36
GF Value