Abonmax Co (TPE:2429) Cash Conversion Cycle: 34.58 (As of Dec. 2025)


TPE:2429 Abonmax Co Ltd TPE:2429
48 GF Score
Price NT$43.20
GF Value NT$20.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Abonmax Co Cash Conversion Cycle?

Abonmax Co TPE:2429 48 Cash Conversion Cycle is 34.58 as of Dec. 2025. GuruFocus rates TPE:2429 with a GF Score™ of 48/100 and a GF Value™ of NT$20.56 (Significantly Overvalued). The stock has 9 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.

Abonmax Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 7.06.
Abonmax Co's Days Inventory for the three months ended in Dec. 2025 was 53.61.
Abonmax Co's Days Payable for the three months ended in Dec. 2025 was 26.09.
Therefore, Abonmax Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2025 was 34.58.


Abonmax Co  (TPE:2429) 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.


Abonmax Co Cash Conversion Cycle Related Terms


Abonmax Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Abonmax 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.

Abonmax Co Cash Conversion Cycle Chart

Abonmax 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 54.31 79.68 49.21 65.90 56.18

Abonmax 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 50.80 66.73 100.16 53.73 34.58

TPE:2429 vs APH, GLW: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Abonmax 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.


Abonmax Co Cash Conversion Cycle vs Hardware Industry

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

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


TPE:2429
48GF Score
Abonmax Co Ltd TPE:2429
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Abonmax 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.

Abonmax 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
=8.36+72.85-25.03
=56.18

Abonmax 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
=7.06+53.61-26.09
=34.58

* 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 34.58 mean?
Abonmax Co (TPE:2429) has a Cash Conversion Cycle of 34.58 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Abonmax Co and its competitors.
Is Abonmax Co's Cash Conversion Cycle too high?
Abonmax Co's current Cash Conversion Cycle is 34.58. The Hardware industry median Cash Conversion Cycle is 98.83. Abonmax Co's value of 34.58 is 65% below this industry median. Overall, Abonmax Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abonmax Co's Cash Conversion Cycle compare to APH and GLW?
Abonmax Co's Cash Conversion Cycle of 34.58 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.83. Abonmax Co's value of 34.58 is 65% 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 98.83, based on 2,475 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. Abonmax Co's current Cash Conversion Cycle of 34.58 is 65% 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 Abonmax Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abonmax Co's current Cash Conversion Cycle is 34.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abonmax Co stock overvalued right now?
Based on GuruFocus' analysis, Abonmax Co (TPE:2429) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.56, compared to a current price of NT$43.20 — trading 110.1% above its estimated fair value. The current Cash Conversion Cycle is 34.58 and 65% below the Hardware industry median of 98.83. Abonmax Co's overall GF Score™ is 48/100 with 9 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 Abonmax Co (TPE:2429), the current Cash Conversion Cycle is 34.58 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 Abonmax Co (TPE:2429) Overvalued in 2026?

Based on GuruFocus' analysis, Abonmax Co stock appears to be overvalued. The current stock price of NT$43.20 is trading 110.1% above its estimated GF Value™ of NT$20.56. GuruFocus considers Abonmax Co to be Significantly Overvalued.

Key valuation signals for TPE:2429:

  • Cash Conversion Cycle: 34.58
  • GF Value™: NT$20.56 vs. price of NT$43.20 (110.1% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 65% below the Hardware median

No single metric tells the full story. See the TPE:2429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abonmax Co Business Description

Address High Speed Rail Station West Road, No. 286, 3Floor - 1, Section 1, Zhongli District, Taoyuan, TWN
Abonmax Co Ltd is a Taiwan-based company that engages in buying and selling optical panels, optoelectronic glass substrates, and electronic whiteboards.
48GF Score

Get the complete analysis for TPE:2429

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

NT$43.20
Price
NT$20.56
GF Value