Megawin Technology Co (ROCO:3122) Cash Conversion Cycle: 133.76 (As of Dec. 2025)

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.

ROCO:3122 Megawin Technology Co Ltd ROCO:3122
52 GF Score
Price NT$26.00
GF Value NT$23.18
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Megawin Technology Co Cash Conversion Cycle?

Megawin Technology Co ROCO:3122 +1.36% 52 Cash Conversion Cycle is 133.76 as of Dec. 2025. GuruFocus rates ROCO:3122 with a GF Score™ of 52/100 and a GF Value™ of NT$23.18 (Modestly Overvalued). 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.

Megawin Technology Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 51.66.
Megawin Technology Co's Days Inventory for the three months ended in Dec. 2025 was 117.46.
Megawin Technology Co's Days Payable for the three months ended in Dec. 2025 was 35.36.
Therefore, Megawin Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 133.76.


Megawin Technology Co  (ROCO:3122) 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.


Megawin Technology Co Cash Conversion Cycle Related Terms


Megawin Technology Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Megawin Technology Co'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.

Megawin Technology Co Cash Conversion Cycle Chart

Megawin Technology Co 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 52.37 143.64 208.02 135.53 129.95

Megawin Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 108.34 127.01 139.41 135.87 133.76

ROCO:3122 vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, Megawin Technology Co'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.


Megawin Technology Co Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Megawin Technology Co's Cash Conversion Cycle distribution charts can be found below:

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


ROCO:3122
52GF Score
Megawin Technology Co Ltd ROCO:3122
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megawin Technology Co 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.

Megawin Technology Co'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
=55.7+112.33-38.08
=129.95

Megawin Technology Co's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=51.66+117.46-35.36
=133.76

* 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 133.76 mean?
Megawin Technology Co (ROCO:3122) has a Cash Conversion Cycle of 133.76 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Megawin Technology Co and its competitors.
Is Megawin Technology Co's Cash Conversion Cycle too high?
Megawin Technology Co's current Cash Conversion Cycle is 133.76. The Semiconductors industry median Cash Conversion Cycle is 116.21. Megawin Technology Co's value of 133.76 is 15.1% above this industry median. Overall, Megawin Technology Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megawin Technology Co's Cash Conversion Cycle compare to NVDA and AVGO?
Megawin Technology Co's Cash Conversion Cycle of 133.76 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. Megawin Technology Co's value of 133.76 is 15.1% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. Megawin Technology Co's current Cash Conversion Cycle of 133.76 is 15.1% 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 Megawin Technology Co and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megawin Technology Co's current Cash Conversion Cycle is 133.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megawin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Megawin Technology Co (ROCO:3122) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.18, compared to a current price of NT$26.00 — trading 12.2% above its estimated fair value. The current Cash Conversion Cycle is 133.76 and 15.1% above the Semiconductors industry median of 116.21. Megawin Technology Co's overall GF Score™ is 52/100 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 Megawin Technology Co (ROCO:3122), the current Cash Conversion Cycle is 133.76 as of Dec. 2025. 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 Megawin Technology Co (ROCO:3122) Overvalued in 2026?

Based on GuruFocus' analysis, Megawin Technology Co stock appears to be overvalued. The current stock price of NT$26.00 is trading 12.2% above its estimated GF Value™ of NT$23.18. GuruFocus considers Megawin Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:3122:

  • Cash Conversion Cycle: 133.76
  • GF Value™: NT$23.18 vs. price of NT$26.00 (12.2% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 15.1% above the Semiconductors median

No single metric tells the full story. See the ROCO:3122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megawin Technology Co Business Description

Address No. 8, Taiyuan 1st Street, 7th Floor-1, Hsinchu County, Zhubei, TWN, 30288
Megawin Technology Co Ltd is a Taiwan-based MCU manufacturer. It focuses on MCU design and sales. The company products include Standard, 1T 8051 MCU, Full Speed MCU, Low-Speed Microcontroller, USB Bridge, USB Keyboard/Mice/Joystick and Charge IC, Low Pin Count 8051 MCU, and USB 8051 Flash MCU.
52GF Score

Get the complete analysis for ROCO:3122

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

NT$26.00
Price
NT$23.18
GF Value