Pixon Technologies (ROCO:5248) Cash Conversion Cycle: 176.81 (As of Dec. 2025)


ROCO:5248 Pixon Technologies Corp ROCO:5248
67 GF Score
Price NT$38.10
GF Value NT$27.65
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pixon Technologies Cash Conversion Cycle?

Pixon Technologies ROCO:5248 67 Cash Conversion Cycle is 176.81 as of Dec. 2025. GuruFocus rates ROCO:5248 with a GF Score™ of 67/100 and a GF Value™ of NT$27.65 (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.

Pixon Technologies's Days Sales Outstanding for the six months ended in Dec. 2025 was 61.88.
Pixon Technologies's Days Inventory for the six months ended in Dec. 2025 was 147.07.
Pixon Technologies's Days Payable for the six months ended in Dec. 2025 was 32.14.
Therefore, Pixon Technologies's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 176.81.


Pixon Technologies  (ROCO:5248) 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.


Pixon Technologies Cash Conversion Cycle Related Terms


Pixon Technologies Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Pixon Technologies'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.

Pixon Technologies Cash Conversion Cycle Chart

Pixon Technologies 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 124.03 220.53 194.48 156.96 202.40

Pixon Technologies 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 216.59 147.20 171.79 193.01 176.81

ROCO:5248 vs APH, GLW: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Pixon Technologies'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.


Pixon Technologies Cash Conversion Cycle vs Hardware Industry

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

* The bar in red indicates where Pixon Technologies's Cash Conversion Cycle falls into.


ROCO:5248
67GF Score
Pixon Technologies Corp ROCO:5248
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pixon Technologies 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.

Pixon Technologies'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
=91.56+149.44-38.6
=202.40

Pixon Technologies'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
=61.88+147.07-32.14
=176.81

* 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 176.81 mean?
Pixon Technologies (ROCO:5248) has a Cash Conversion Cycle of 176.81 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Pixon Technologies and its competitors.
Is Pixon Technologies' Cash Conversion Cycle too high?
Pixon Technologies' current Cash Conversion Cycle is 176.81. The Hardware industry median Cash Conversion Cycle is 98.95. Pixon Technologies' value of 176.81 is 78.7% above this industry median. Overall, Pixon Technologies has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pixon Technologies' Cash Conversion Cycle compare to APH and GLW?
Pixon Technologies' Cash Conversion Cycle of 176.81 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Pixon Technologies' value of 176.81 is 78.7% 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. Pixon Technologies's current Cash Conversion Cycle of 176.81 is 78.7% 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 Pixon Technologies 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. Pixon Technologies's current Cash Conversion Cycle is 176.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Pixon Technologies (ROCO:5248) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.65, compared to a current price of NT$38.10 — trading 37.8% above its estimated fair value. The current Cash Conversion Cycle is 176.81 and 78.7% above the Hardware industry median of 98.95. Pixon Technologies' overall GF Score™ is 67/100 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 Pixon Technologies (ROCO:5248), the current Cash Conversion Cycle is 176.81 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 Pixon Technologies (ROCO:5248) Overvalued in 2026?

Based on GuruFocus' analysis, Pixon Technologies stock appears to be overvalued. The current stock price of NT$38.10 is trading 37.8% above its estimated GF Value™ of NT$27.65. GuruFocus considers Pixon Technologies to be Significantly Overvalued.

Key valuation signals for ROCO:5248:

  • Cash Conversion Cycle: 176.81
  • GF Value™: NT$27.65 vs. price of NT$38.10 (37.8% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 78.7% above the Hardware median

No single metric tells the full story. See the ROCO:5248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pixon Technologies Business Description

Address No. 52, Minquan Road, 9th Floor, Xindian District, New Taipei City, TWN, 23141
Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include a linear light guide, CIS module, linear micro lens array, COB chip on board, and 3-in-1 module. The entity's product application provides document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.
67GF Score

Get the complete analysis for ROCO:5248

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

NT$38.10
Price
NT$27.65
GF Value