Macronix International Co (TPE:2337) Cash Conversion Cycle: 163.53 (As of Dec. 2025)


TPE:2337 Macronix International Co Ltd TPE:2337
53 GF Score
Price NT$142.50
GF Value NT$49.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Macronix International Co Cash Conversion Cycle?

Macronix International Co TPE:2337 -2.06% 53 Cash Conversion Cycle is 163.53 as of Dec. 2025. GuruFocus rates TPE:2337 with a GF Score™ of 53/100 and a GF Value™ of NT$49.72 (Significantly Overvalued). The stock has 4 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.

Macronix International Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 53.24.
Macronix International Co's Days Inventory for the three months ended in Dec. 2025 was 155.
Macronix International Co's Days Payable for the three months ended in Dec. 2025 was 44.71.
Therefore, Macronix International Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 163.53.


Macronix International Co  (TPE:2337) 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.


Macronix International Co Cash Conversion Cycle Related Terms


Macronix International Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Macronix International 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.

Macronix International Co Cash Conversion Cycle Chart

Macronix International Co 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 110.95 157.69 223.82 237.71 180.82

Macronix International Co 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 249.20 242.62 210.29 156.81 163.53

TPE:2337 vs NVDA, AVGO, MU: Cash Conversion Cycle Comparison

For the Semiconductors subindustry, Macronix International 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.


Macronix International Co Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Macronix International Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Macronix International Co's Cash Conversion Cycle falls into.


TPE:2337
53GF Score
Macronix International Co Ltd TPE:2337
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macronix International 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.

Macronix International Co'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
=48.37+178.43-45.98
=180.82

Macronix International Co'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
=53.24+155-44.71
=163.53

* 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 163.53 mean?
Macronix International Co (TPE:2337) has a Cash Conversion Cycle of 163.53 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Macronix International Co and its competitors.
Is Macronix International Co's Cash Conversion Cycle too high?
Macronix International Co's current Cash Conversion Cycle is 163.53. The Semiconductors industry median Cash Conversion Cycle is 116.16. Macronix International Co's value of 163.53 is 40.8% above this industry median. Overall, Macronix International Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macronix International Co's Cash Conversion Cycle compare to NVDA and AVGO?
Macronix International Co's Cash Conversion Cycle of 163.53 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.16. Macronix International Co's value of 163.53 is 40.8% 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 116.16, based on 1,020 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. Macronix International Co's current Cash Conversion Cycle of 163.53 is 40.8% 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 Macronix International Co and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macronix International Co's current Cash Conversion Cycle is 163.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macronix International Co stock overvalued right now?
Based on GuruFocus' analysis, Macronix International Co (TPE:2337) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.72, compared to a current price of NT$142.50 — trading 186.6% above its estimated fair value. The current Cash Conversion Cycle is 163.53 and 40.8% above the Semiconductors industry median of 116.16. Macronix International Co's overall GF Score™ is 53/100 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 Macronix International Co (TPE:2337), the current Cash Conversion Cycle is 163.53 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 Macronix International Co (TPE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Macronix International Co stock appears to be overvalued. The current stock price of NT$142.50 is trading 186.6% above its estimated GF Value™ of NT$49.72. GuruFocus considers Macronix International Co to be Significantly Overvalued.

Key valuation signals for TPE:2337:

  • Cash Conversion Cycle: 163.53
  • GF Value™: NT$49.72 vs. price of NT$142.50 (186.6% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 40.8% above the Semiconductors median

No single metric tells the full story. See the TPE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macronix International Co Business Description

Address No. 16 Li-Hsin Road, Science Park, Hsin-Chu, TWN
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. The Company also performs design, research and development, consultation and trade of relevant products. The company operates as a single reportable segment: the memory products and wafer fabrication segment. The firm operates in four Products: Flash, ROM, Foundry, and Others. The majority of revenue is from Flash Product. The company operates in Taiwan, China, and other countries generating key revenue from Taiwan region.
53GF Score

Get the complete analysis for TPE:2337

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

NT$142.50
Price
NT$49.72
GF Value