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.
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.
New Advanced Electronics Technologies Co (ROCO:3465) 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.
New Advanced Electronics Technologies Co Cash Conversion Cycle Related Terms
New Advanced Electronics Technologies Co Cash Conversion Cycle Historical Data
* 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.
New Advanced Electronics Technologies Co Cash Conversion Cycle Chart
New Advanced Electronics Technologies Co Annual Data
ROCO:3465 vs AAPL: Cash Conversion Cycle Comparison
For the Consumer Electronics subindustry, New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co Cash Conversion Cycle vs Hardware Industry
New Advanced Electronics Technologies 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.
* 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.
New Advanced Electronics Technologies Co (ROCO:3465) has a Cash Conversion Cycle of 123.67 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on New Advanced Electronics Technologies Co and its competitors.
Is New Advanced Electronics Technologies Co's Cash Conversion Cycle too high?
New Advanced Electronics Technologies Co's current Cash Conversion Cycle is 123.67. The Hardware industry median Cash Conversion Cycle is 99.31. New Advanced Electronics Technologies Co's value of 123.67 is 24.5% above this industry median. Overall, New Advanced Electronics Technologies Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Advanced Electronics Technologies Co's Cash Conversion Cycle compare to AAPL?
New Advanced Electronics Technologies Co's Cash Conversion Cycle of 123.67 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.31. New Advanced Electronics Technologies Co's value of 123.67 is 24.5% 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 99.31, based on 2,476 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. New Advanced Electronics Technologies Co's current Cash Conversion Cycle of 123.67 is 24.5% 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 New Advanced Electronics Technologies Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Advanced Electronics Technologies Co's current Cash Conversion Cycle is 123.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Advanced Electronics Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co (ROCO:3465) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.14, compared to a current price of NT$29.25 — trading 57.1% below its estimated fair value. The current Cash Conversion Cycle is 123.67 and 24.5% above the Hardware industry median of 99.31. New Advanced Electronics Technologies Co's overall GF Score™ is 53/100 with 10 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 New Advanced Electronics Technologies Co (ROCO:3465), the current Cash Conversion Cycle is 123.67 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 New Advanced Electronics Technologies Co (ROCO:3465) Overvalued in 2026?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co stock appears to be undervalued.
The current stock price of NT$29.25 is trading 57.1% below its estimated GF Value™ of NT$68.14.
GuruFocus considers New Advanced Electronics Technologies Co to be Possible Value Trap.
Key valuation signals for ROCO:3465:
Cash Conversion Cycle: 123.67
GF Value™: NT$68.14 vs. price of NT$29.25 (57.1% below fair value)
Industry Position: 24.5% above the Hardware median
No single metric tells the full story. See the ROCO:3465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Advanced Electronics Technologies Co Ltd is mainly engaged in the research and development, manufacture and sale of speakers and related products. The Company is an international brand specializing in professional audio solutions, with expertise in acoustics, mechanics, electronics, woodworking and software, providing customers with product design, development and manufacturing solutions. Its product range includes home theatre systems, floorstanding speakers, bookshelf speakers, subwoofers, surround speakers and other related products. Its segments include Taiwan, which generates maximum revenue, China and Vietnam. The Company operates across America, Asia and Europe, with America generating maximum revenue.
53GF Score
Get the complete analysis for ROCO:3465
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3465 has been successfully added to your 
