Tel Instrument Electronics's Days Sales Outstanding for the
three
months ended in Dec. 2024 was 29.98.
Tel Instrument Electronics's Days Inventory for the
three
months ended in Dec. 2024 was 175.59.
Tel Instrument Electronics's Days Payable for the
three
months ended in Dec. 2024 was 35.59.
Therefore, Tel Instrument Electronics's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2024 was 169.98.
Tel Instrument Electronics (OTCPK:TIKK) 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.
Tel Instrument Electronics Cash Conversion Cycle Related Terms
Tel Instrument Electronics 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.
Tel Instrument Electronics Cash Conversion Cycle Chart
TIKK vs BLIS, HWKE, XERI: Cash Conversion Cycle Comparison
For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.
Tel Instrument Electronics Cash Conversion Cycle vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tel Instrument Electronics's Cash Conversion Cycle falls into.
Tel Instrument Electronics 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.
Tel Instrument Electronics's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 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.
Tel Instrument Electronics (TIKK) has a Cash Conversion Cycle of 169.98 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tel Instrument Electronics and its competitors.
Is Tel Instrument Electronics' Cash Conversion Cycle too high?
Tel Instrument Electronics' current Cash Conversion Cycle is 169.98. The Aerospace & Defense industry median Cash Conversion Cycle is 136.97. Tel Instrument Electronics' value of 169.98 is 24.1% above this industry median. Overall, Tel Instrument Electronics has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tel Instrument Electronics' Cash Conversion Cycle compare to BLIS and HWKE?
Tel Instrument Electronics' Cash Conversion Cycle of 169.98 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 136.97. Tel Instrument Electronics' value of 169.98 is 24.1% 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 136.97, based on 348 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. Tel Instrument Electronics's current Cash Conversion Cycle of 169.98 is 24.1% 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 Tel Instrument Electronics and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 136.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Instrument Electronics's current Cash Conversion Cycle is 169.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Instrument Electronics stock overvalued right now?
Tel Instrument Electronics (TIKK) has a current Cash Conversion Cycle of 169.98. The current Cash Conversion Cycle is 169.98 and 24.1% above the Aerospace & Defense industry median of 136.97. Tel Instrument Electronics' overall GF Score™ is 65/100. 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 Tel Instrument Electronics (TIKK), the current Cash Conversion Cycle is 169.98 as of Dec. 2024. 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.
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures, and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The Avionics government segment, which derives key revenue, consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. Geographically, the company generates a majority of its revenue from the United States and the rest from international markets.
65GF Score
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