Next Biometrics Group ASA's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 22.76.
Next Biometrics Group ASA's Days Inventory for the
three
months ended in Mar. 2026 was 166.58.
Next Biometrics Group ASA's Days Payable for the
three
months ended in Mar. 2026 was 79.73.
Therefore, Next Biometrics Group ASA's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 109.61.
Next Biometrics Group ASA (OSTO:NEXTo) 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.
Next Biometrics Group ASA Cash Conversion Cycle Related Terms
Next Biometrics Group ASA Cash Conversion Cycle Historical Data
* 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.
Next Biometrics Group ASA Cash Conversion Cycle Chart
OSTO:NEXTO vs COHR, KEYS, GRMN: Cash Conversion Cycle Comparison
For the Scientific & Technical Instruments subindustry, Next Biometrics Group 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.
Next Biometrics Group ASA Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Next Biometrics Group ASA's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Next Biometrics Group ASA's Cash Conversion Cycle falls into.
Next Biometrics Group ASA 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.
Next Biometrics Group 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.
Next Biometrics Group ASA (OSTO:NEXTO) has a Cash Conversion Cycle of 109.61 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Next Biometrics Group ASA and its competitors.
Is Next Biometrics Group ASA's Cash Conversion Cycle too high?
Next Biometrics Group ASA's current Cash Conversion Cycle is 109.61. The Hardware industry median Cash Conversion Cycle is 98.95. Next Biometrics Group ASA's value of 109.61 is 10.8% above this industry median. Overall, Next Biometrics Group ASA has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Next Biometrics Group ASA's Cash Conversion Cycle compare to COHR and KEYS?
Next Biometrics Group ASA's Cash Conversion Cycle of 109.61 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Next Biometrics Group ASA's value of 109.61 is 10.8% 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. Next Biometrics Group ASA's current Cash Conversion Cycle of 109.61 is 10.8% 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 Next Biometrics Group ASA 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. Next Biometrics Group ASA's current Cash Conversion Cycle is 109.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Biometrics Group ASA stock overvalued right now?
Next Biometrics Group ASA (OSTO:NEXTO) has a current Cash Conversion Cycle of 109.61. The stock's GF Value™ is kr68.00, compared to a current price of kr9.64 — trading 85.8% below its estimated fair value. The current Cash Conversion Cycle is 109.61 and 10.8% above the Hardware industry median of 98.95. Next Biometrics Group ASA's overall GF Score™ is 33/100 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 Next Biometrics Group ASA (OSTO:NEXTO), the current Cash Conversion Cycle is 109.61 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.
Is Next Biometrics Group ASA (OSTO:NEXTO) Overvalued in 2026?
Based on GuruFocus' analysis, Next Biometrics Group ASA stock appears to be undervalued.
The current stock price of kr9.64 is trading 85.8% below its estimated GF Value™ of kr68.00.
Key valuation signals for OSTO:NEXTO:
Cash Conversion Cycle: 109.61
GF Value™: kr68.00 vs. price of kr9.64 (85.8% below fair value)
Industry Position: 10.8% above the Hardware median
No single metric tells the full story. See the OSTO:NEXTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The company has one operating segment namely; Fingerprint sensor Technology. The company's Geographic customer base consists of Asia (Japan and India), Europe (France and Germany) and North America.
33GF Score
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