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Keystone Microtech's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 51.03.
Keystone Microtech's Days Inventory for the
three
months ended in Dec. 2025 was 179.7.
Keystone Microtech's Days Payable for the
three
months ended in Dec. 2025 was 101.37.
Therefore, Keystone Microtech's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 129.36.
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.
Keystone Microtech Cash Conversion Cycle Related Terms
Keystone Microtech Cash Conversion Cycle Historical Data
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The historical data trend for Keystone Microtech'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.
ROCO:6683 vs AMAT, LRCX, KLAC: Cash Conversion Cycle Comparison
For the Semiconductor Equipment & Materials subindustry, Keystone Microtech'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.
Keystone Microtech Cash Conversion Cycle vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Keystone Microtech's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Keystone Microtech's Cash Conversion Cycle falls into.
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.
Keystone Microtech's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Keystone Microtech (ROCO:6683) has a Cash Conversion Cycle of 129.36 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Keystone Microtech and its competitors.
Is Keystone Microtech's Cash Conversion Cycle too high?
Keystone Microtech's current Cash Conversion Cycle is 129.36. The Semiconductors industry median Cash Conversion Cycle is 116.21. Keystone Microtech's value of 129.36 is 11.3% above this industry median. Overall, Keystone Microtech has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keystone Microtech's Cash Conversion Cycle compare to AMAT and LRCX?
Keystone Microtech's Cash Conversion Cycle of 129.36 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. Keystone Microtech's value of 129.36 is 11.3% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. Keystone Microtech's current Cash Conversion Cycle of 129.36 is 11.3% 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 Keystone Microtech and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Microtech's current Cash Conversion Cycle is 129.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Microtech stock overvalued right now?
Based on GuruFocus' analysis, Keystone Microtech (ROCO:6683) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$486.03, compared to a current price of NT$1,350.00 — trading 177.8% above its estimated fair value. The current Cash Conversion Cycle is 129.36 and 11.3% above the Semiconductors industry median of 116.21. Keystone Microtech's overall GF Score™ is 79/100 with 2 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 Keystone Microtech (ROCO:6683), the current Cash Conversion Cycle is 129.36 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 Keystone Microtech (ROCO:6683) Overvalued in 2026?
Based on GuruFocus' analysis, Keystone Microtech stock appears to be overvalued.
The current stock price of NT$1,350.00 is trading 177.8% above its estimated GF Value™ of NT$486.03.
GuruFocus considers Keystone Microtech to be Significantly Overvalued.
Key valuation signals for ROCO:6683:
Cash Conversion Cycle: 129.36
GF Value™: NT$486.03 vs. price of NT$1,350.00 (177.8% above fair value)
Industry Position: 11.3% above the Semiconductors median
No single metric tells the full story. See the ROCO:6683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keystone Microtech Corp operates as a semiconductor device manufacturing company. The company is mainly an important operating department engaged in the manufacture and sale of various circuit testing solutions for semiconductors, including IC front-end test solutions (probe cards and substrates), IC back-end test solutions (load boards and burn-in boards), and other related testing boards. Geographically, it operates in Taiwan and other regions, out of which the majority of its revenue is derived from Taiwan.
79GF Score
Get the complete analysis for ROCO:6683
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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