NTIC (Northern Technologies International) Cash Conversion Cycle: 122.54 (As of Feb. 2026)


NTIC Northern Technologies International Corp NTIC
56 GF Score
Price $8.63
GF Value $13.76
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Northern Technologies International Cash Conversion Cycle?

Northern Technologies International NTIC -1.71% 56 Cash Conversion Cycle is 122.54 as of Feb. 2026. GuruFocus rates NTIC with a GF Score™ of 56/100 and a GF Value™ of $13.76 (Possible Value Trap). The stock has 4 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.

Northern Technologies International's Days Sales Outstanding for the three months ended in Feb. 2026 was 75.16.
Northern Technologies International's Days Inventory for the three months ended in Feb. 2026 was 105.25.
Northern Technologies International's Days Payable for the three months ended in Feb. 2026 was 57.87.
Therefore, Northern Technologies International's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2026 was 122.54.


Northern Technologies International  (NAS:NTIC) 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.


Northern Technologies International Cash Conversion Cycle Related Terms


Northern Technologies International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Northern Technologies International'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.

Northern Technologies International Cash Conversion Cycle Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.65 120.33 124.65 128.66 135.28

Northern Technologies International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 133.00 121.05 121.63 114.29 122.54

NTIC vs FSI, FEAM, KBLB: Cash Conversion Cycle Comparison

For the Specialty Chemicals subindustry, Northern Technologies International'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.


Northern Technologies International Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Cash Conversion Cycle falls into.


NTIC
56GF Score
Northern Technologies International Corp NTIC
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Technologies International 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.

Northern Technologies International's Cash Conversion Cycle for the fiscal year that ended in Aug. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=81.53+103.88-50.13
=135.28

Northern Technologies International's Cash Conversion Cycle for the quarter that ended in Feb. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=75.16+105.25-57.87
=122.54

* 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 122.54 mean?
Northern Technologies International (NTIC) has a Cash Conversion Cycle of 122.54 as of Feb. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Northern Technologies International and its competitors.
Is Northern Technologies International's Cash Conversion Cycle too high?
Northern Technologies International's current Cash Conversion Cycle is 122.54. The Chemicals industry median Cash Conversion Cycle is 89.33. Northern Technologies International's value of 122.54 is 37.2% above this industry median. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Cash Conversion Cycle compare to FSI and FEAM?
Northern Technologies International's Cash Conversion Cycle of 122.54 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 89.33. Northern Technologies International's value of 122.54 is 37.2% 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 89.33, based on 1,575 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. Northern Technologies International's current Cash Conversion Cycle of 122.54 is 37.2% 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 Northern Technologies International and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 89.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Technologies International's current Cash Conversion Cycle is 122.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.76, compared to a current price of $8.63 — trading 37.3% below its estimated fair value. The current Cash Conversion Cycle is 122.54 and 37.2% above the Chemicals industry median of 89.33. Northern Technologies International's overall GF Score™ is 56/100 with 4 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 Northern Technologies International (NTIC), the current Cash Conversion Cycle is 122.54 as of Feb. 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.63 is trading 37.3% below its estimated GF Value™ of $13.76. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • Cash Conversion Cycle: 122.54
  • GF Value™: $13.76 vs. price of $8.63 (37.3% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 37.2% above the Chemicals median

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


Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score

Get the complete analysis for NTIC

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

$8.63
Price
$13.76
GF Value