Grand Process Technology (ROCO:3131) Cash Conversion Cycle: 192.12 (As of Dec. 2025)

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ROCO:3131 Grand Process Technology Corp ROCO:3131
81 GF Score
Price NT$2,930.00
GF Value NT$1,905.18
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Grand Process Technology Cash Conversion Cycle?

Grand Process Technology ROCO:3131 -9.98% 81 Cash Conversion Cycle is 192.12 as of Dec. 2025. GuruFocus rates ROCO:3131 with a GF Score™ of 81/100 and a GF Value™ of NT$1,905.18 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Grand Process Technology's Days Sales Outstanding for the three months ended in Dec. 2025 was 30.95.
Grand Process Technology's Days Inventory for the three months ended in Dec. 2025 was 233.47.
Grand Process Technology's Days Payable for the three months ended in Dec. 2025 was 72.3.
Therefore, Grand Process Technology's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 192.12.


Grand Process Technology  (ROCO:3131) 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.


Grand Process Technology Cash Conversion Cycle Related Terms


Grand Process Technology Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Grand Process Technology'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.

Grand Process Technology Cash Conversion Cycle Chart

Grand Process Technology 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 199.02 251.77 282.24 260.90 197.08

Grand Process Technology 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 221.13 240.04 224.89 278.73 192.12

ROCO:3131 vs AMAT, LRCX, KLAC: Cash Conversion Cycle Comparison

For the Semiconductor Equipment & Materials subindustry, Grand Process Technology'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.


Grand Process Technology Cash Conversion Cycle vs Semiconductors Industry

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

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


ROCO:3131
81GF Score
Grand Process Technology Corp ROCO:3131
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Process Technology 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.

Grand Process Technology'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
=36.31+265.97-105.2
=197.08

Grand Process Technology'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
=30.95+233.47-72.3
=192.12

* 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 192.12 mean?
Grand Process Technology (ROCO:3131) has a Cash Conversion Cycle of 192.12 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Grand Process Technology and its competitors.
Is Grand Process Technology's Cash Conversion Cycle too high?
Grand Process Technology's current Cash Conversion Cycle is 192.12. The Semiconductors industry median Cash Conversion Cycle is 116.21. Grand Process Technology's value of 192.12 is 65.3% above this industry median. Overall, Grand Process Technology has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Process Technology's Cash Conversion Cycle compare to AMAT and LRCX?
Grand Process Technology's Cash Conversion Cycle of 192.12 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. Grand Process Technology's value of 192.12 is 65.3% 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. Grand Process Technology's current Cash Conversion Cycle of 192.12 is 65.3% 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 Grand Process Technology 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. Grand Process Technology's current Cash Conversion Cycle is 192.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Process Technology stock overvalued right now?
Based on GuruFocus' analysis, Grand Process Technology (ROCO:3131) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,905.18, compared to a current price of NT$2,930.00 — trading 53.8% above its estimated fair value. The current Cash Conversion Cycle is 192.12 and 65.3% above the Semiconductors industry median of 116.21. Grand Process Technology's overall GF Score™ is 81/100 with 1 warning sign 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 Grand Process Technology (ROCO:3131), the current Cash Conversion Cycle is 192.12 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 Grand Process Technology (ROCO:3131) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Process Technology stock appears to be overvalued. The current stock price of NT$2,930.00 is trading 53.8% above its estimated GF Value™ of NT$1,905.18. GuruFocus considers Grand Process Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3131:

  • Cash Conversion Cycle: 192.12
  • GF Value™: NT$1,905.18 vs. price of NT$2,930.00 (53.8% above fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 65.3% above the Semiconductors median

No single metric tells the full story. See the ROCO:3131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Process Technology Business Description

Address No.89, Sec. 6, Zhonghua Road, Xiangshan District, Hsinchu, TWN, 300104
Grand Process Technology Corp operates in semiconductor wet processing equipment industry. The company provides wet process system integration for wafer level package such as wet station, glass slimming machine, flux clean, scrubber, single wafer processors, mask cleaner and others. It also manufactures electrical components and installs semiconductor relative machines.
81GF Score

Get the complete analysis for ROCO:3131

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

NT$2,930.00
Price
NT$1,905.18
GF Value