Sinbon Electronics Co (TPE:3023) Cash Conversion Cycle: 112.68 (As of Mar. 2026)


TPE:3023 Sinbon Electronics Co Ltd TPE:3023
86 GF Score
Price NT$331.00
GF Value NT$276.14
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Sinbon Electronics Co Cash Conversion Cycle?

Sinbon Electronics Co TPE:3023 -1.63% 86 Cash Conversion Cycle is 112.68 as of Mar. 2026. GuruFocus rates TPE:3023 with a GF Score™ of 86/100 and a GF Value™ of NT$276.14 (Modestly 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.

Sinbon Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 81.87.
Sinbon Electronics Co's Days Inventory for the three months ended in Mar. 2026 was 120.03.
Sinbon Electronics Co's Days Payable for the three months ended in Mar. 2026 was 89.22.
Therefore, Sinbon Electronics Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 112.68.


Sinbon Electronics Co  (TPE:3023) 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.


Sinbon Electronics Co Cash Conversion Cycle Related Terms


Sinbon Electronics Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Sinbon 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.

Sinbon Electronics Co Cash Conversion Cycle Chart

Sinbon Electronics 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 143.75 161.98 163.58 135.56 119.12

Sinbon Electronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 111.36 106.17 106.03 113.09 112.68

TPE:3023 vs APH, GLW: Cash Conversion Cycle Comparison

For the Electronic Components subindustry, Sinbon 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.


Sinbon Electronics Co Cash Conversion Cycle vs Hardware Industry

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

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


TPE:3023
86GF Score
Sinbon Electronics Co Ltd TPE:3023
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinbon 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.

Sinbon Electronics 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
=88.56+119.11-88.55
=119.12

Sinbon Electronics Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=81.87+120.03-89.22
=112.68

* 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 112.68 mean?
Sinbon Electronics Co (TPE:3023) has a Cash Conversion Cycle of 112.68 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sinbon Electronics Co and its competitors.
Is Sinbon Electronics Co's Cash Conversion Cycle too high?
Sinbon Electronics Co's current Cash Conversion Cycle is 112.68. The Hardware industry median Cash Conversion Cycle is 98.93. Sinbon Electronics Co's value of 112.68 is 13.9% above this industry median. Overall, Sinbon Electronics Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's Cash Conversion Cycle compare to APH and GLW?
Sinbon Electronics Co's Cash Conversion Cycle of 112.68 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.93. Sinbon Electronics Co's value of 112.68 is 13.9% 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 Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.93, based on 2,473 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. Sinbon Electronics Co's current Cash Conversion Cycle of 112.68 is 13.9% 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 Sinbon Electronics Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinbon Electronics Co's current Cash Conversion Cycle is 112.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$276.14, compared to a current price of NT$331.00 — trading 19.9% above its estimated fair value. The current Cash Conversion Cycle is 112.68 and 13.9% above the Hardware industry median of 98.93. Sinbon Electronics Co's overall GF Score™ is 86/100 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 Sinbon Electronics Co (TPE:3023), the current Cash Conversion Cycle is 112.68 as of Mar. 2026. 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be overvalued. The current stock price of NT$331.00 is trading 19.9% above its estimated GF Value™ of NT$276.14. GuruFocus considers Sinbon Electronics Co to be Modestly Overvalued.

Key valuation signals for TPE:3023:

  • Cash Conversion Cycle: 112.68
  • GF Value™: NT$276.14 vs. price of NT$331.00 (19.9% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 13.9% above the Hardware median

No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinbon Electronics Co Business Description

Address No. 582, Kuo-Hwa Road, Miaoli, TWN, 360
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
86GF Score

Get the complete analysis for TPE:3023

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

NT$331.00
Price
NT$276.14
GF Value