Skardin Industrial (ROCO:3466) Cash Conversion Cycle: 39.60 (As of Dec. 2025)

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ROCO:3466 Skardin Industrial Corp ROCO:3466
45 GF Score
Price NT$29.60
GF Value NT$8.52
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Skardin Industrial Cash Conversion Cycle?

Skardin Industrial ROCO:3466 -4.52% 45 Cash Conversion Cycle is 39.60 as of Dec. 2025. GuruFocus rates ROCO:3466 with a GF Score™ of 45/100 and a GF Value™ of NT$8.52 (Significantly 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.

Skardin Industrial's Days Sales Outstanding for the three months ended in Dec. 2025 was 131.12.
Skardin Industrial's Days Inventory for the three months ended in Dec. 2025 was 43.53.
Skardin Industrial's Days Payable for the three months ended in Dec. 2025 was 135.05.
Therefore, Skardin Industrial's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 39.60.


Skardin Industrial  (ROCO:3466) 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.


Skardin Industrial Cash Conversion Cycle Related Terms


Skardin Industrial Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Skardin Industrial'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.

Skardin Industrial Cash Conversion Cycle Chart

Skardin Industrial 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 112.91 83.51 121.63 190.25 216.52

Skardin Industrial 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 151.46 707.90 223.26 120.56 39.60

ROCO:3466 vs CSCO, CIEN, MSI: Cash Conversion Cycle Comparison

For the Communication Equipment subindustry, Skardin Industrial'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.


Skardin Industrial Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Skardin Industrial's Cash Conversion Cycle falls into.


ROCO:3466
45GF Score
Skardin Industrial Corp ROCO:3466
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skardin Industrial 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.

Skardin Industrial'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
=227.36+73.87-84.71
=216.52

Skardin Industrial'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
=131.12+43.53-135.05
=39.60

* 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 39.60 mean?
Skardin Industrial (ROCO:3466) has a Cash Conversion Cycle of 39.60 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Skardin Industrial and its competitors.
Is Skardin Industrial's Cash Conversion Cycle too high?
Skardin Industrial's current Cash Conversion Cycle is 39.60. The Hardware industry median Cash Conversion Cycle is 99.18. Skardin Industrial's value of 39.60 is 60.1% below this industry median. Overall, Skardin Industrial has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skardin Industrial's Cash Conversion Cycle compare to CSCO and CIEN?
Skardin Industrial's Cash Conversion Cycle of 39.60 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 99.18. Skardin Industrial's value of 39.60 is 60.1% below 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 99.18, based on 2,479 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. Skardin Industrial's current Cash Conversion Cycle of 39.60 is 60.1% below 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 Skardin Industrial and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 99.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skardin Industrial's current Cash Conversion Cycle is 39.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skardin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Skardin Industrial (ROCO:3466) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.52, compared to a current price of NT$29.60 — trading 247.4% above its estimated fair value. The current Cash Conversion Cycle is 39.60 and 60.1% below the Hardware industry median of 99.18. Skardin Industrial's overall GF Score™ is 45/100 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 Skardin Industrial (ROCO:3466), the current Cash Conversion Cycle is 39.60 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 Skardin Industrial (ROCO:3466) Overvalued in 2026?

Based on GuruFocus' analysis, Skardin Industrial stock appears to be overvalued. The current stock price of NT$29.60 is trading 247.4% above its estimated GF Value™ of NT$8.52. GuruFocus considers Skardin Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:3466:

  • Cash Conversion Cycle: 39.60
  • GF Value™: NT$8.52 vs. price of NT$29.60 (247.4% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 60.1% below the Hardware median

No single metric tells the full story. See the ROCO:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skardin Industrial Business Description

Address No. 123-1, Hsing De Road, 8th Floor, Sanchung District, New Taipei City, TWN
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analog satellite receivers, digital satellite receivers, digital terrestrial receivers, and digital cable receivers, among others. The company comprises two business activities: the Satellite TV Department and the Renewable Energy Department. The majority of its revenue is derived from the Satellite TV Department, which is engaged in research, development, manufacturing, processing, and sales of satellite TV reception systems.
45GF Score

Get the complete analysis for ROCO:3466

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

NT$29.60
Price
NT$8.52
GF Value