Harju Elekter Group (OTSE:HAE1T) Cash Conversion Cycle: 76.16 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OTSE:HAE1T Harju Elekter Group OTSE:HAE1T
64 GF Score
Price €5.14
GF Value €4.33
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Harju Elekter Group Cash Conversion Cycle?

Harju Elekter Group OTSE:HAE1T 64 Cash Conversion Cycle is 76.16 as of Jun. 2026. GuruFocus rates OTSE:HAE1T with a GF Score™ of 64/100 and a GF Value™ of €4.33 (Modestly Overvalued). 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.

Harju Elekter Group's Days Sales Outstanding for the three months ended in Jun. 2026 was 77.21.
Harju Elekter Group's Days Inventory for the three months ended in Jun. 2026 was 52.93.
Harju Elekter Group's Days Payable for the three months ended in Jun. 2026 was 53.98.
Therefore, Harju Elekter Group's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 76.16.


Harju Elekter Group  (OTSE:HAE1T) 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.


Harju Elekter Group Cash Conversion Cycle Related Terms


Harju Elekter Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Harju Elekter Group'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.

Harju Elekter Group Cash Conversion Cycle Chart

Harju Elekter Group 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 68.36 71.07 74.95 72.40 55.49

Harju Elekter Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 79.61 92.44 72.32 83.16 76.16

OTSE:HAE1T vs VRT, BE, HUBB: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.


Harju Elekter Group Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Harju Elekter Group's Cash Conversion Cycle falls into.


OTSE:HAE1T
64GF Score
Harju Elekter Group OTSE:HAE1T
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harju Elekter Group 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.

Harju Elekter Group'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
=40.01+48.96-33.48
=55.49

Harju Elekter Group's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=77.21+52.93-53.98
=76.16

* 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 76.16 mean?
Harju Elekter Group (OTSE:HAE1T) has a Cash Conversion Cycle of 76.16 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Harju Elekter Group and its competitors.
Is Harju Elekter Group's Cash Conversion Cycle too high?
Harju Elekter Group's current Cash Conversion Cycle is 76.16. The Industrial Products industry median Cash Conversion Cycle is 121.69. Harju Elekter Group's value of 76.16 is 37.4% below this industry median. Overall, Harju Elekter Group has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Cash Conversion Cycle compare to VRT and BE?
Harju Elekter Group's Cash Conversion Cycle of 76.16 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 121.69. Harju Elekter Group's value of 76.16 is 37.4% below 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 121.69, based on 3,048 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. Harju Elekter Group's current Cash Conversion Cycle of 76.16 is 37.4% below 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 Harju Elekter Group and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 121.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current Cash Conversion Cycle is 76.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (OTSE:HAE1T) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.33, compared to a current price of €5.14 — trading 18.7% above its estimated fair value. The current Cash Conversion Cycle is 76.16 and 37.4% below the Industrial Products industry median of 121.69. Harju Elekter Group's overall GF Score™ is 64/100 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 Harju Elekter Group (OTSE:HAE1T), the current Cash Conversion Cycle is 76.16 as of Jun. 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 Harju Elekter Group (OTSE:HAE1T) Overvalued in 2026?

Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued. The current stock price of €5.14 is trading 18.7% above its estimated GF Value™ of €4.33. GuruFocus considers Harju Elekter Group to be Modestly Overvalued.

Key valuation signals for OTSE:HAE1T:

  • Cash Conversion Cycle: 76.16
  • GF Value™: €4.33 vs. price of €5.14 (18.7% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 37.4% below the Industrial Products median

No single metric tells the full story. See the OTSE:HAE1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harju Elekter Group Business Description

Other Exchanges HD8:Germany
Address Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
64GF Score

Get the complete analysis for OTSE:HAE1T

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

€5.14
Price
€4.33
GF Value