Good Way Technology Co (ROCO:3272) Cash Conversion Cycle: 118.86 (As of Dec. 2025)

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ROCO:3272 Good Way Technology Co Ltd ROCO:3272
48 GF Score
Price NT$15.40
GF Value NT$22.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Good Way Technology Co Cash Conversion Cycle?

Good Way Technology Co ROCO:3272 +0.33% 48 Cash Conversion Cycle is 118.86 as of Dec. 2025. GuruFocus rates ROCO:3272 with a GF Score™ of 48/100 and a GF Value™ of NT$22.34 (Possible Value Trap). The stock has 7 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.

Good Way Technology Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 122.05.
Good Way Technology Co's Days Inventory for the three months ended in Dec. 2025 was 99.47.
Good Way Technology Co's Days Payable for the three months ended in Dec. 2025 was 102.66.
Therefore, Good Way Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 118.86.


Good Way Technology Co  (ROCO:3272) 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.


Good Way Technology Co Cash Conversion Cycle Related Terms


Good Way Technology Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Good Way 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.

Good Way Technology Co Cash Conversion Cycle Chart

Good Way 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 102.72 96.68 185.94 136.94 125.89

Good Way 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 119.50 129.89 112.97 119.46 118.86

ROCO:3272 vs SNDK, DELL, STX: Cash Conversion Cycle Comparison

For the Computer Hardware subindustry, Good Way 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.


Good Way Technology Co Cash Conversion Cycle vs Hardware Industry

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

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


ROCO:3272
48GF Score
Good Way Technology Co Ltd ROCO:3272
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Way 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.

Good Way 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
=122.5+105.23-101.84
=125.89

Good Way 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
=122.05+99.47-102.66
=118.86

* 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 118.86 mean?
Good Way Technology Co (ROCO:3272) has a Cash Conversion Cycle of 118.86 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Good Way Technology Co and its competitors.
Is Good Way Technology Co's Cash Conversion Cycle too high?
Good Way Technology Co's current Cash Conversion Cycle is 118.86. The Hardware industry median Cash Conversion Cycle is 99.00. Good Way Technology Co's value of 118.86 is 20.1% above this industry median. Overall, Good Way Technology Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Way Technology Co's Cash Conversion Cycle compare to SNDK and DELL?
Good Way Technology Co's Cash Conversion Cycle of 118.86 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.00. Good Way Technology Co's value of 118.86 is 20.1% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 99.00, based on 2,480 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. Good Way Technology Co's current Cash Conversion Cycle of 118.86 is 20.1% 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 Good Way Technology Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Way Technology Co's current Cash Conversion Cycle is 118.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Way Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Good Way Technology Co (ROCO:3272) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.34, compared to a current price of NT$15.40 — trading 31.1% below its estimated fair value. The current Cash Conversion Cycle is 118.86 and 20.1% above the Hardware industry median of 99.00. Good Way Technology Co's overall GF Score™ is 48/100 with 7 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 Good Way Technology Co (ROCO:3272), the current Cash Conversion Cycle is 118.86 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 Good Way Technology Co (ROCO:3272) Overvalued in 2026?

Based on GuruFocus' analysis, Good Way Technology Co stock appears to be undervalued. The current stock price of NT$15.40 is trading 31.1% below its estimated GF Value™ of NT$22.34. GuruFocus considers Good Way Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3272:

  • Cash Conversion Cycle: 118.86
  • GF Value™: NT$22.34 vs. price of NT$15.40 (31.1% below fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 20.1% above the Hardware median

No single metric tells the full story. See the ROCO:3272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Way Technology Co Business Description

Address No. 135, Lane. 235, Baociao Road, 3rd Floor, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd is engaged in the manufacture of computers and USB peripherals products, multifunctional docking stations, video and audio converters, wireless peripherals products, Internet of Things application products, design, research, and development of software and import and export business of related materials of products. Geographically, it operates into segments: Taiwan, America, Asia, and Others. It derives maximum revenue from Taiwan.
48GF Score

Get the complete analysis for ROCO:3272

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

NT$15.40
Price
NT$22.34
GF Value