Micro Base Technology (ROCO:3184) Cash Conversion Cycle: 137.36 (As of Dec. 2025)

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ROCO:3184 Micro Base Technology Corp ROCO:3184
65 GF Score
Price NT$14.80
GF Value NT$17.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Micro Base Technology Cash Conversion Cycle?

Micro Base Technology ROCO:3184 -5.13% 65 Cash Conversion Cycle is 137.36 as of Dec. 2025. GuruFocus rates ROCO:3184 with a GF Score™ of 65/100 and a GF Value™ of NT$17.35 (Modestly Undervalued). 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.

Micro Base Technology's Days Sales Outstanding for the six months ended in Dec. 2025 was 49.05.
Micro Base Technology's Days Inventory for the six months ended in Dec. 2025 was 118.72.
Micro Base Technology's Days Payable for the six months ended in Dec. 2025 was 30.41.
Therefore, Micro Base Technology's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 137.36.


Micro Base Technology  (ROCO:3184) 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.


Micro Base Technology Cash Conversion Cycle Related Terms


Micro Base Technology Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Micro Base 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.

Micro Base Technology Cash Conversion Cycle Chart

Micro Base 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 158.83 107.16 80.99 104.22 125.10

Micro Base Technology Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 82.74 80.41 105.86 131.88 137.36

ROCO:3184 vs APH, GLW: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Micro Base 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.


Micro Base Technology Cash Conversion Cycle vs Hardware Industry

For the Hardware industry and Technology sector, Micro Base Technology's Cash Conversion Cycle distribution charts can be found below:

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


ROCO:3184
65GF Score
Micro Base Technology Corp ROCO:3184
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro Base 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.

Micro Base 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
=27.65+126.78-29.33
=125.10

Micro Base 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
=49.05+118.72-30.41
=137.36

* 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 137.36 mean?
Micro Base Technology (ROCO:3184) has a Cash Conversion Cycle of 137.36 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Micro Base Technology and its competitors.
Is Micro Base Technology's Cash Conversion Cycle too high?
Micro Base Technology's current Cash Conversion Cycle is 137.36. The Hardware industry median Cash Conversion Cycle is 98.95. Micro Base Technology's value of 137.36 is 38.8% above this industry median. Overall, Micro Base Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro Base Technology's Cash Conversion Cycle compare to APH and GLW?
Micro Base Technology's Cash Conversion Cycle of 137.36 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Micro Base Technology's value of 137.36 is 38.8% 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 2,482 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. Micro Base Technology's current Cash Conversion Cycle of 137.36 is 38.8% 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 Micro Base Technology 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. Micro Base Technology's current Cash Conversion Cycle is 137.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Base Technology stock overvalued right now?
Based on GuruFocus' analysis, Micro Base Technology (ROCO:3184) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.35, compared to a current price of NT$14.80 — trading 14.7% below its estimated fair value. The current Cash Conversion Cycle is 137.36 and 38.8% above the Hardware industry median of 98.95. Micro Base Technology's overall GF Score™ is 65/100 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 Micro Base Technology (ROCO:3184), the current Cash Conversion Cycle is 137.36 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 Micro Base Technology (ROCO:3184) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Base Technology stock appears to be undervalued. The current stock price of NT$14.80 is trading 14.7% below its estimated GF Value™ of NT$17.35. GuruFocus considers Micro Base Technology to be Modestly Undervalued.

Key valuation signals for ROCO:3184:

  • Cash Conversion Cycle: 137.36
  • GF Value™: NT$17.35 vs. price of NT$14.80 (14.7% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 38.8% above the Hardware median

No single metric tells the full story. See the ROCO:3184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Base Technology Business Description

Address No.756, Qiajuan Road, Bade District, Taoyuan, TWN, 33464
Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.
65GF Score

Get the complete analysis for ROCO:3184

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

NT$14.80
Price
NT$17.35
GF Value