NTGR (Netgear) Cash Conversion Cycle: 206.49 (As of Mar. 2026)


NTGR Netgear Inc NTGR
67 GF Score
Price $23.21
GF Value $21.23
Valuation Fairly Valued
! 3 Warning Signs
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What is Netgear Cash Conversion Cycle?

Netgear NTGR -0.51% 67 Cash Conversion Cycle is 206.49 as of Mar. 2026. GuruFocus rates NTGR with a GF Score™ of 67/100 and a GF Value™ of $21.23 (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.

Netgear's Days Sales Outstanding for the three months ended in Mar. 2026 was 81.64.
Netgear's Days Inventory for the three months ended in Mar. 2026 was 166.9.
Netgear's Days Payable for the three months ended in Mar. 2026 was 42.05.
Therefore, Netgear's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 206.49.


Netgear  (NAS:NTGR) 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.


Netgear Cash Conversion Cycle Related Terms


Netgear Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Netgear'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.

Netgear Cash Conversion Cycle Chart

Netgear 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 166.97 227.45 268.41 209.33 177.50

Netgear 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 173.61 163.29 159.34 176.55 206.49

NTGR vs FEIM, CLFD, GILT: Cash Conversion Cycle Comparison

For the Communication Equipment subindustry, Netgear'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.


Netgear Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Netgear's Cash Conversion Cycle falls into.


NTGR
67GF Score
Netgear Inc NTGR
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Netgear 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.

Netgear'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
=77.8+142.74-43.04
=177.50

Netgear'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
=81.64+166.9-42.05
=206.49

* 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 206.49 mean?
Netgear (NTGR) has a Cash Conversion Cycle of 206.49 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Netgear and its competitors.
Is Netgear's Cash Conversion Cycle too high?
Netgear's current Cash Conversion Cycle is 206.49. The Hardware industry median Cash Conversion Cycle is 98.95. Netgear's value of 206.49 is 108.7% above this industry median. Overall, Netgear has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Netgear's Cash Conversion Cycle compare to FEIM and CLFD?
Netgear's Cash Conversion Cycle of 206.49 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Netgear's value of 206.49 is 108.7% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,477 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. Netgear's current Cash Conversion Cycle of 206.49 is 108.7% 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 Netgear and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netgear's current Cash Conversion Cycle is 206.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgear stock overvalued right now?
Based on GuruFocus' analysis, Netgear (NTGR) is currently considered Fairly Valued. The stock's GF Value™ is $21.23, compared to a current price of $23.21 — trading 9.3% above its estimated fair value. The current Cash Conversion Cycle is 206.49 and 108.7% above the Hardware industry median of 98.95. Netgear's overall GF Score™ is 67/100 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 Netgear (NTGR), the current Cash Conversion Cycle is 206.49 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 Netgear (NTGR) Overvalued in 2026?

Based on GuruFocus' analysis, Netgear stock appears to be overvalued. The current stock price of $23.21 is trading 9.3% above its estimated GF Value™ of $21.23. GuruFocus considers Netgear to be Fairly Valued.

Key valuation signals for NTGR:

  • Cash Conversion Cycle: 206.49
  • GF Value™: $21.23 vs. price of $23.21 (9.3% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 108.7% above the Hardware median

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


Netgear Business Description

Other Exchanges NGJ:Germany
Address 3553 North First Street, San Jose, CA, USA, 95134
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: Enterprise and Consumer which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Home Networking and Mobile offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
67GF Score

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

$23.21
Price
$21.23
GF Value