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Forward Electronics Co's Days Sales Outstanding for the
three
months ended in Dec. 2025 was 93.01.
Forward Electronics Co's Days Inventory for the
three
months ended in Dec. 2025 was 61.13.
Forward Electronics Co's Days Payable for the
three
months ended in Dec. 2025 was 66.5.
Therefore, Forward Electronics Co's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2025 was 87.64.
Forward Electronics Co (ROCO:8085) 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.
Forward Electronics Co Cash Conversion Cycle Related Terms
Forward Electronics Co Cash Conversion Cycle Historical Data
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The historical data trend for Forward Electronics 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.
Forward Electronics Co Cash Conversion Cycle Chart
ROCO:8085 vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Forward Electronics 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.
Forward Electronics Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Forward Electronics Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Forward Electronics Co's Cash Conversion Cycle falls into.
Forward Electronics 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.
Forward Electronics Co'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.
Forward Electronics Co (ROCO:8085) has a Cash Conversion Cycle of 87.64 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Forward Electronics Co and its competitors.
Is Forward Electronics Co's Cash Conversion Cycle too high?
Forward Electronics Co's current Cash Conversion Cycle is 87.64. The Hardware industry median Cash Conversion Cycle is 98.95. Forward Electronics Co's value of 87.64 is 11.4% below this industry median. Overall, Forward Electronics Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Electronics Co's Cash Conversion Cycle compare to APH and GLW?
Forward Electronics Co's Cash Conversion Cycle of 87.64 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Forward Electronics Co's value of 87.64 is 11.4% 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 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. Forward Electronics Co's current Cash Conversion Cycle of 87.64 is 11.4% 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 Forward Electronics Co 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. Forward Electronics Co's current Cash Conversion Cycle is 87.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Electronics Co (ROCO:8085) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.93, compared to a current price of NT$11.80 — trading 60.6% below its estimated fair value. The current Cash Conversion Cycle is 87.64 and 11.4% below the Hardware industry median of 98.95. Forward Electronics Co's overall GF Score™ is 44/100 with 4 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 Forward Electronics Co (ROCO:8085), the current Cash Conversion Cycle is 87.64 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 Forward Electronics Co (ROCO:8085) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Electronics Co stock appears to be undervalued.
The current stock price of NT$11.80 is trading 60.6% below its estimated GF Value™ of NT$29.93.
GuruFocus considers Forward Electronics Co to be Possible Value Trap.
Key valuation signals for ROCO:8085:
Cash Conversion Cycle: 87.64
GF Value™: NT$29.93 vs. price of NT$11.80 (60.6% below fair value)
Industry Position: 11.4% below the Hardware median
No single metric tells the full story. See the ROCO:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of backlight modules, liquid crystal display modules, switches, variable resistors, sensors, and bit generators, Produces peripheral products for information appliances, including game consoles, vehicle anti-collision systems, and lighting products as well as carbon credits development, carbon neutral consulting, and energy storage solutions. Company has divided its business into three segments Optoelectronic segment, Electronics components products segment and Electronics applications products segment. Geographically, company has it's presence in Mainland China, Taiwan and others.
44GF Score
Get the complete analysis for ROCO:8085
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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